OFF MARKET

17 Peak Downs Highway
Ooralea QLD 4740

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 127m2
Land area: 809m2
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Property Details for 17 Peak Downs Hwy, Ooralea

17 Peak Downs Hwy, Ooralea is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 809m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1960
Floor Size
127m2
Land Size
809m2
Local Government
Mackay Regional
Lot/Plan
7/RP717769

Last Listing description (February 2023)

Conveniently located near the City Gates, this property is only a few minutes' drive to Paget, the Airport, Catherine McAuley College, CQU and the Mackay Base Hospital. Very well maintained and fully air-conditioned, this high-set home offers plenty of room upstairs for the family as well as ample space downstairs for play or work.

AT A GLANCE UPSTAIRS

-Open plan lounge, dining and kitchen, with fan and air-conditioning

-North facing Office / Sewing / Playroom which adjoins the lounge
-4 bedrooms; 3 with built in robes, all with fans and air-conditioning
-Main bathroom with separate bath and shower, separate toilet
-Spacious, well-appointed, near new kitchen
-Internal stairs

DOWNSTAIRS
-2 good sized air-conditioned rooms, great for guests or as offices
-2nd bathroom, shower and toilet
-Laundry
-2 additional secure storage rooms
-Plenty of open storage space and room for a table tennis or pool table
-Parking for 2 3 cars under the house

OUTSIDE
-Fully concreted front yard, additional parking for up to six cars
-Double gate side access on the left, single gate side access on the right
-6m x 9m Shed with three roller doors with an additional concreted open bay (extra deep)
-809m2 block

Ooralea is a highly sought-after location, there are a number of schools in nearby West Mackay, and it's only a short drive to Bunnings, Ooralea Shopping Centre, Medical Services, Nicks 24/7 IGA, the Mackay Aquatic and Recreation Complex and nearby East Mackay beaches and of course, just walking distance to the Ooralea Racecourse.

With the high demand for housing in Mackay this property could be ideal for employee accommodation or a great investment property with an estimated rental return of $570 - $600pw

Zoning: Low Density Residential
Rates: $1880 per year

Disclaimer: The vendors and/or their agents do not warrant errors or omissions, if any, in these particulars, which they believe to be accurate. Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the particulars.

Property History for 17 Peak Downs Hwy, Ooralea, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$430,000
10 Mar 2021
Listed for Rent
$460/w
29 Aug 2016
  • 14 Dec 2022
    Listed for Sale $539,000
  • 10 Mar 2021
    Sold for $430,000
  • 30 Nov 2016
    Transferred for $240,000
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About Ooralea 4740

The size of Ooralea is approximately 5.5 square kilometres. It has 11 parks covering nearly 2.5% of total area. The population of Ooralea in 2011 was 2,601 people. By 2016 the population was 3,395 showing a population growth of 30.5% in the area during that time. The predominant age group in Ooralea is 20-29 years. Households in Ooralea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ooralea work in a trades occupation. In 2011, 78.1% of the homes in Ooralea were owner-occupied compared with 67.4% in 2016.

Ooralea has 1,532 properties. Over the last 5 years, Houses in Ooralea have seen a 62.35% increase in median value, while Units have seen a 98.62% increase. As at 31 December 2024:

  • The median value for Houses in Ooralea is $679,711 while the median value for Units is $497,462.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 1 property listed for rent in Ooralea on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Ooralea.

Suburb Insights for Ooralea 4740

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.