18 Salisbury Place, Ooralea QLD 4740
18 Salisbury Place, Ooralea QLD 4740
Quiet cul-de-sac | low-maintenance modern build | 3-car capacity | strong capital growth corridor
This property offers a rare combination for a family buyer: a modern, single-level floorplan built in 2011 with three parking spaces including a large shed, positioned at the end of a quiet cul-de-sac. The 512mยฒ lot is efficiently used with 36% site coverage, meaning the outdoor space is manageable without being cramped. The open-plan living with air conditioning throughout and the main bedroomโs walk-in robe and ensuite give it a genuine owner-occupier feel. It serves best a family working in the Paget precinct or commuting into Mackay, who wants a turnkey home without renovation risk. The 78โ80% appreciation since 2021 confirms the corridorโs demand character and the absence of flood or bushfire overlays removes a common discount factor in this region.
The primary risk is that the 2021 sale price of $455,000 sets a low base, and the current estimated value of $800,000โ$816,000 may feel stretched if comparable sales in Ooralea havenโt fully caught up. The buyer should verify the satellite-detected feature confidence of 80% for items like the shed and solar array. The 3.2kW solar system is modest but functional, and the NBN FTTP is a supporting value add rather than a price driver. Rental yield of $780 per week offers a solid buffer if plans change. Hold this property as a long-term family home or a low-effort rental in a corridor with proven demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 18 Salisbury Place, Ooralea QLD 4740
Market Insight:
Ooralea is a regional suburb characterised by strong buyer demand from young, working households, which is compressing sales times and supporting robust price growth. This momentum is underpinned by significant population increases and a constrained supply environment, creating competitive conditions. Future prospects are tied to ongoing regional infrastructure investment, though the low inventory presents a persistent challenge for market accessibility.