Ooralea is one of Mackay's most affordable entry-level suburbs, positioned near the industrial and port precincts that underpin the city's economy. Its predominantly pre-2000 housing stock on large blocks attracts first-home buyers, blue-collar workers employed in Mackay's manufacturing and portside industries, and yield-focused investors benefiting from the suburb's high gross rental return relative to purchase price. At the current $375k median house price, an 80% loan at 6.25% over 30 years is about $1,847 per month.
| Median house price | $375,000 |
|---|---|
| Median unit price | $240,000 |
| Estimated monthly repayment | $1,847 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8.5% |
| Gross rental yield | 7% |
| Typical days on market | 21 |
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