At number 3563th in the list of Australian suburbs ordered by increase in median house value over the last year, Ooralea, 4740 is in the BOTTOM 20% with a property value increase of -6.17% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Ooralea,4740 has racked up an average of -6.17% over the period. This ranks it number 3887th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ooralea, 4740. Typically our figures indicate that -9.41% is being offered, which puts this QLD suburb at 437th most discounted overall in Australia.
Residents and property investors in Ooralea have been waiting around 84.8 days to sell a property.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 1.91%, investors should hope to achieve an overall return of 4.91%