Ooralea at a glance
3,862
People
$783,250
Median sale
$723/wk
Median rent
4.80%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
$660,000
Last sold
7 June 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
268 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$660,000
7 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Ooralea (last 5 years) with land size have a median of $918/m² of land (n=146). Districts calculation from recorded sales — not a valuation.
Ooralea at a glance
3,862
People
$783,250
Median sale
$723/wk
Median rent
4.80%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Ooralea
-15.7%
Median sale
Suburb $783,250
+0.90 pp
Gross yield
Suburb 4.80%
Suburb median $783,250 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $723/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ooralea at a glance
3,862
People
$783,250
Median sale
$723/wk
Median rent
4.80%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Explore Property MackayAs stunning as the day it was built 16 Argos Street is a testament to how a home should be kept, this beautiful ex-display home with all the bells and whistles is nothing short of exceptional. From the moment you arrive you're immediately drawn in by this homes striking façade however, its not until you step inside you can truly appreciate this home for all that it is and all it has to offer its new owners.
Constructed by Rebetzke Homes in 2008 apart of the first release in the now beloved Cuttersfield Estate, you know you're in for something special. Sprawling 268m2 underroof this home certainly isn't lacking space offering open plan living, media room, four bedrooms and two bathrooms, outdoor entertaining, pool and double garage.
Centrally positioned the homes main living area comprising the kitchen, dining and lounge spaces is the hub of the home, featuring a raked ceiling over and opening out to the rear patio. The kitchen is finished with stone tops, has loads of storage and bench space, plus an island bench with breakfast bar. At the front of the home you can retreat to the media room with plush carpet, perfect for nights in or streaming the footy and for those who work from home there is also a study nook. The master bedroom should be classed as a retreat positioned well away from the busier spaces of the home. Of course it has a walk-in-robe and ensuite with twin vanities and double shower, the master bedroom also opens out to porch and green house. The remaining three bedrooms all positioned at the rear of the home and are clustered around the main bathroom and toilet, all with built-in-robes and the home is air conditioned throughout.
This home was designed with entertaining in mind with a seamless connection between the indoor and outdoor living spaces. The rear patio is private and quiet space overlooking the inground pool and encapsulated by a tropical setting. The kids will be entertained for hours on end or you'll simply be able to cool off whenever you please in your own pool. You'll find the homes gardens and lawn to be low maintenance with a pop-up sprinkler system and there is a garden shed to keep your yard equipment or extra gear safe. Along with the double garage this home has a lean-to where you could house a tinny or camper trailer however, if you wish you could certainly build a shed alongside the home to suit your needs. And to add, this home has also been repainted inside and outside, plus everything has been maintained to perfection allowing you to simply move and enjoy this property.
Immaculately presented and as stunning as the day it was built, 16 Argos Street is an exceptional home which has presented to market for serious sale. With all the bells and whistles, plus room for all and more, I'd encourage you to enquire today to ensure you don't miss this beautiful home before its gone. Certainly a rare chance to acquire.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Listing description written by Dean Fuhlbohm, Explore Property Mackay — reproduced as published, not verified by Districts.