OFF MARKET

5 Lancaster Way
Ooralea QLD 4740

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 320m2
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Property Details for 5 Lancaster Way, Ooralea

5 Lancaster Way, Ooralea is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 320m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2012
Floor Size
154m2
Land Size
320m2
Local Government
Mackay Regional
Lot/Plan
495/SP236190

Last Listing description (June 2022)

Soon to be available modern executive two storey Townhouse in Ooralea. Not only does this property have LOCATION, LOCATION, LOCATION, but it also features - 3 bedrooms with built-ins + study, open plan living area, well laid out kitchen with quailty appliances including a dishwasher, master bedroom with ensuite, WIR & private balcony, air conditioning, double remote garage, fully fenced yard, gas hot water, 3 toilets in total and key lockable gate upon entry to the yard. This property has been designed with quality in mind, and has been very well cared for - this one is all class!
Special Terms - no smoking inside. water usage charges are Tenant's responsibility.
A little more on Ooralea...

Known to locals as Planlands, a name which derived from the train station which was originally located in the area, Ooralea has become a highly desired estate for executive and family homes. In recent years the suburb has since much development and is now home to a Woolworths Shopping Complex, McDonald's Store, Childcare Facility, GP Superclinic and of course is in close proximity to Central Queensland University.
Nearby parks include Bernborough Avenue Park, Canecutters Drive Park, Downing Street Park and Muller Park.
Ooralea is just 5 mins from the Mackay CBD and is on the fringe of Mackay's south western side, making it close by to Walkerston and the gateway to Queensland's Bowen Basin.
Disclaimer; The Agent does not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.

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Property History for 5 Lancaster Way, Ooralea, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$450,000
14 Apr 2023
Listed for Rent
$550/w
02 Jun 2022
  • 14 Apr 2023
    Sold for $450,000
  • 02 Jun 2022
    Listed for Rent $550 / week
  • 22 Mar 2022
    Listed for Sale $460,000
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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 12 properties listed for sale, and 2 properties listed for rent in Ooralea on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Ooralea.

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