Property value increases in Ooralea have tracked just lower than the QLD average of 2.51% over the last 12 months.
Ooralea,4740 was ranked 3013 in Australia by increase in median property value over the quarter.
Vendor discounting in Ooralea is giving property investors an average Vendor Discount of around -8.39%. This puts suburb at number 231th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 0.42%, investors should hope to achieve an overall return of 4.60%