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Ooralea

Suburb Profile

Ooralea - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4740

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Based on its average 5-year and quarterly capital gains OORALEA, 4740 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that OORALEA, 4740 obtained a -0.38% decrease over a ten-year period. It ranks 4162nd on our list of suburbs that property investors should look into.

OORALEA, 4740 in QLD belongs to the local government area of Mackay (R).

OORALEA, 4740 has a capital gain of 8.93% for the past year, which is higher than average compared to its 2.01% growth within a five-year period.

With the median home price in OORALEA sitting at $457,500, and the average rent at $450, property owners could potentially earn a 5.11% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in OORALEA are high, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $457,500 N/A
GROWTH REPORT
Median Quarterly 3.98% N/A
Median 12 month 8.93% N/A
Median 3 years 6.03% N/A
Median 5 years 2.01% N/A
10 years average annual -0.38% N/A
Weekly media advert. rent $450 N/A
Time on Market 77.2 days N/A
Gross Rental Yield Percent 5.11% N/A
demographics (median values)
Total Population
1733
Weekly Household Income
1329
Household Size
2.80
demographics
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