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 › Marlborough St
$575,000
Last sold
27 June 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
800 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
$575,000
27 June 2024 · 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
-26.6%
Median sale
Suburb $783,250
+1.74 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 RE/MAX Select MackayRetro Charmer, Ready for its Next Chapter
Rich with character, this classic single level brick home is ready for its next chapter. Occupying an 800m2 block near parks, sporting amenities and shops, it's the perfect project for you to modernise and make it your own. Defined indoors and out by the romance of archways (a trend currently experiencing a resurgence in popularity), it brings a touch of Mediterranean charm to the property. This continues in the sunroom, where an Italian chandelier takes centre stage. Ornate lighting also illuminates the formal lounge and dining room, while a skylight invites in extra sunshine to the spacious kitchen and meals area. Retro tiling features here and in the main bathroom - one of two that services the three bedrooms with built-in robes.
Outdoors, the rear patio is the perfect vantage point to keep watch on kids and pets as they play in the fenced backyard. Meanwhile, an expansive front verandah calls for quiet contemplation or casual entertaining while enjoying views of the established gardens.
Property Specifications:
- Classic single level brick home on 800m2 block
- Arched façade evokes a touch of Mediterranean charm
- Modernise and make it your own, capitalising on the current archway trend
- Spacious, vintage kitchen and meals area with timber cabinetry, tiled benches and skylight
- Cosy sunroom illuminated by an Italian chandelier
- Formal lounge and dining room separated by an archway, with ornate lighting
- Three bedrooms with built-in robes
- Retro-style main bathroom
- Second bathroom adjacent to the garage/laundry
- Expansive and protected front verandah gazes through triple archways onto established front gardens
- Rear patio overlooks the large, fenced backyard with side access and shed
- Double carport and ample driveway parking
- Security doors
- Air-conditioning
- Rental appraisal approx. $690 - $720 per week and rates approx. $1600 per half year
Why make Ooralea your first choice in suburbs?
A prime location, Ooralea enjoys close proximity to the Paget Industrial Hub, Base Hospital, Ooralea Shopping Centre, Mackay Turf Club and Central Queensland University. The CBD and Airport are accessible in approx. 10 minutes, with Muller Park playground and miniature trains beckoning in the same distance on foot. Factor in being walking distance to Woolworths, cafes, eateries and the Leisure Centre, and you won't want to miss this enviable property opportunity. Contact The Leanne Druery Team from RE/MAX Select and arrange your inspection today. Leanne Druery- 0412 758 727 or Ash Ryan - 0487 114 760.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Leanne Druery, RE/MAX Select Mackay — reproduced as published, not verified by Districts.