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Suburb Insights ยท QLD 4740

Ooralea 4740, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Ooralea is a coastal suburb in Queensland, Australia, with a population of approximately 3,691, making it a boutique locality. Located approximately 802 km from the Brisbane CBD, Ooralea is a coastal area in Queensland. The median household income is $116,896 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Strong household incomes in Ooralea underpin solid property demand. Coastal lifestyle appeal adds a premium that supports long-term demand.

Location

Map shows Ooralea, Queensland, Australia.

Key Indicators

Postcode
4740

Official Australia Post postcode for Ooralea. A postcode may cover multiple suburbs.

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Population
3,691

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$440/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$116,896/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
802 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,820/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
85% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Ooralea, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $440/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,820/month. A median household income of $116,896/year supports premium property values and indicates a well-employed resident base. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Ooralea could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Ooralea are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Ooralea face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Ooralea

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Ooralea is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Ooralea offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Ooralea a good suburb for investment?

Ooralea is a coastal area in Queensland with a population of 3,691. The median rent is $440/week and the median household income is $116,896/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Ooralea?

Key demand drivers in Ooralea include lifestyle appeal and proximity to the coast. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Ooralea?

According to the ABS 2021 Census, Ooralea has a population of approximately 3,691. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Ooralea from the Brisbane CBD?

Ooralea is approximately 802 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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