OFF MARKET

75 Peak Downs Highway
Ooralea QLD 4740

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 840m2
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Property Details for 75 Peak Downs Hwy, Ooralea

75 Peak Downs Hwy, Ooralea is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 840m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1980
Land Size
840m2
Local Government
Mackay Regional
Lot/Plan
13/RP723216

Last Listing description (November 2023)

If you're looking to escape the rent cycle or purchasing an investment propertylook no further than this low maintenance brick veneer home on a decent 840 sq. m allotment. Rental Return $480-$530 per week.

Built in the days when only the best materials were used and pride of construction was paramount, this home has stood the test of time.

The property features:

Generous dining and lounge room with an abundance of natural light from large windows and sliding door to the front patio.
Functional kitchen that offers space for a future renovation.
Three generous bedrooms with fans, two offer built-in robes.
Bathroom with shower over bath and linen cupboard.
Second vanity and toilet adjacent to the bathroom.
Carport suitable for two vehicles.
Large laundry and storage room.
Convenient lockable tool shed behind the carport.
Security screens and fully fenced yard.
Look over the cane fields, with no rear neighbour.
Remove the carpet and expose the original floorboards.

Conveniently located 10 minutes from Mackay's CBD and 5 minutes from Mackay's industrial precinct at Paget.

Build up equity not rent receipts and arrange an inspection today.

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Property History for 75 Peak Downs Hwy, Ooralea, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$365,000
27 Oct 2023
Listed for Rent
$220/w
27 Apr 2017
  • 27 Oct 2023
    Sold for $365,000
  • 19 Sep 2023
    Listed for Sale UNDER CONTRACT - $369,000
  • 24 Mar 2017
    Listed for Rent - Price not available
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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 1,533 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.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Ooralea on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Ooralea.

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