Ooralea Suburb Profile
Queensland 4740

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Ooralea has 1,527 properties. Over the last 5 years, Houses in Ooralea have seen a 57.45% increase in median value, while Units have seen a 99.45% increase. As at 31 October 2024:

  • The median value for Houses in Ooralea is $648,994 while the median value for Units is $458,356.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Ooralea on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Ooralea.

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.

Suburb Insights for OORALEA 4740

Market Insights
Ooralea Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ooralea Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 3,395

0-9

 

15%

10-19

 

12%

20-29

 

18%

30-39

 

17%

40-49

 

12%

50-59

 

12%

60-69

 

9%

70-79

 

5%

80-89

 

2%

Household Structure
Occupancy

Last Updated: 18/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.