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.
QLD › Ooralea › Lancaster Way
$500,000
Last sold
14 Dec 2022
4
Bedrooms
2
Bathrooms
3
Car spaces
576 m²
Land
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
$500,000
14 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Ooralea (last 5 years) with land size have a median of $922/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
-36.2%
Median sale
Suburb $783,250
+2.72 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 MackayWelcome home to 32 Lancaster Way, modern finishes, highly desired position and a shed with side access this one is hard to beat. This four bedroom home with open plan living located in the ever popular Cuttersfield estate in Ooralea is sure to impress with its features both inside and out. It would be a refreshing change living here in Ooralea being so close to it all including conveniences like Woolies, child care, schools, sporting clubs and the Mackay CBD 10 minutes away.
On offer within this property includes a generously sized open plan living space compiling the kitchen, dining and lounge spaces. This central living area features a functional kitchen with island bench and stone tops, connectivity between the spaces is unrivalled here in the hub of the home. Off the main living spaces you'll find the master bedroom positioned at the rear of the home featuring a walk-in-robe and ensuite. The remaining three bedrooms all have built-in-robes, the master and front bedrooms are air conditioned and not to forget the main living area is also. The main bathroom includes a separate shower and bath, the toilet is also separate for functionality and there is plenty of linen storage and a broom cupboard off the laundry.
Enjoy outdoor entertaining from the rear patio right off the main living area, both connecting seamlessly once the sliding glass doors are pulled back. As mentioned this home has a 6m x 3m shed which has a lean-to off the side doubling as another covered entertaining area. The backyard has great side access which has recently been concreted halfway to the shed, perfect for parking a boat or caravan securely. Even with the shed and extra concrete there is plenty of lawn but if the kids need more space they'll never be bored again with plenty of pathways to roam or head down to the recently upgraded park in this family friendly estate.
We'd like to welcome you home to 32 Lancaster Way, a modern home with plenty of room for everyone and a shed to complete the package. We encourage you to come and take a look for yourself to see what living here is all about, so call today to arrange your viewing at once.
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 Ben Chick, Explore Property Mackay — reproduced as published, not verified by Districts.