Over the last year, property investments in Ooralea, 4740 have given investors a capital gain of -2.38%. This compares badly with the 1.88% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ooralea has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Ooralea are currently offering property investors an average price cut of -8.89% below the asking price at the moment.
Often selling an investment property can take time, and in Ooralea the average time real estate has been on the market is 81.52 days.
Situated 800.19km from the CBD, Ooralea is one of Mackay localities in the postcode 4740.