27 Peak Downs Hwy, Ooralea is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Sitting just on the fringe of the City on 809m2 is this property with endless potential with instructions to sell quickly. Newly refreshed with new paint, new floor coverings, new window coverings, new lights and fans, new kitchen, renewed bathroom, new toilet and laundry tub it's all been done!! 3 large bedrooms, central lounge room, large dining with kitchen at end, sun room at entry and additional space alongside laundry. Still plenty of room for improvement with further renovation or redevelopment. Large allotment bordered by lush tropical gardens providing privacy, inspect now. Current rental appraisal of $250 per week.
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:
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