OFF MARKET

24 Farming Road
Ooralea QLD 4740

Bedrooms: 6
Bathrooms: 5
Car spaces: 3
Floor area: 231m2
Land area: 787m2
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Last updated 28 Oct 2024
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Property Details for 24 Farming Rd, Ooralea

24 Farming Rd, Ooralea is a 6 bedroom, 5 bathroom House with 3 parking spaces and was built in 2014. The property has a land size of 787m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2014
Floor Size
231m2
Land Size
787m2
Local Government
Mackay Regional
Lot/Plan
79/SP261513

Last Listing description (January 2024)

Consider the below options for either savvy investors or owner-occupiers:
Live in one side, rent the other to help pay mortgage
Live in one side with close family next door in unit 2

Rent both sides to enjoy impressive rental income ($1100pw)
Unit 1: modern 2-storey home featuring 4 bedrooms in total, each with built-ins, ceiling fans & air-conditioning. Upstairs reveals 2 x bedrooms with a handy two-way bathroom, along with extra office/family room.
Downstairs features 2 x bedrooms, 1 ensuite & 1 bathroom, plus a study nook and spacious open-plan living area!
This large unit includes a double lock-up garage & low-maintenance fully-fenced yard.

Unit 2: a quality 2 bedroom, 2 bathroom unit which will attract a wide range of audiences, from couples to singles and even retireesthis home will cater for all. Its open-plan design allows for easy, relaxed living and will have the fortunate buyer feeling at home in no time! Unit 2 includes:
Modern designer kitchen with stone bench tops & stainless Westinghouse appliances
2 bathrooms 1 ensuite; 1 main bathroom with separate bath, shower & toilet
Ceiling fans and split system air conditioning throughout
Private rear entertaining space with low maintenance back yard
Secured single car accommodation housing the laundry
Located in upmarket Ooralea, youre just a short drive to Mackays CBD, Canelands Shopping Precinct, Paget Industrial Area, Mackay Base Hospital. It is walking distance to nearby Woolworths Shopping Complex, CQ University, very impressive GP Supaclinic, Ooralea daycare centre and numerous parks!

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Property History for 24 Farming Rd, Ooralea, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$860,000
14 Sep 2023
  • 14 Sep 2023
    Sold for $860,000
  • 23 Sep 2022
    Listed for Sale OFFERS from $869,000 - DUAL OCC, MASSIVE RENT!!
  • 14 Oct 2020
    Listed for Rent $520 / week
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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 1,526 properties. Over the last 5 years, Houses in Ooralea have seen a 57.69% increase in median value, while Units have seen a 89.40% increase. As at 30 September 2024:

  • The median value for Houses in Ooralea is $635,647 while the median value for Units is $425,619.
  • Houses have a median rent of $665 while Units have a median rent of $565.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Ooralea on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Ooralea.

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