3 Lancaster Way

Ooralea QLD 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 1,533 properties. Over the last 5 years, Houses in Ooralea have seen a 59.81% increase in median value, while Units have seen a 105.93% increase. As at 30 November 2024:

• The median value for Houses in Ooralea is $661,201 while the median value for Units is $495,355.
• Houses have a median rent of $670 while Units have a median rent of $550.