6 Sussex St, Ooralea is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 500m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
This lowset rendered home is conveniently located within walking distance to the University and Conservatorium, three bedrooms all with built-in robes, main bedroom with walk-in robe, split system air conditioning and stylish ensuite.
Ceiling fans, security screens, tiled open plan living with air con and the modern kitchen includes stone benchtops, quality stainless steel appliances, pantry and dishwasher. The double lock up garage has bonus built-in storage cupboards as well and there is great sized entertainment area with ceiling fan which opens up on to the 500sqm allotment.
Investors will appreciate this investment as there is a tenancy in place of $360 pw until November 2016. Now is the time to buy an investment property as with a chance of negative gearing changing in 2017 you need to lock it in now.
The size of Ooralea is approximately 5.5 square kilometres. There are 11 parks, covering nearly 2.5% of the total area. The population of Ooralea in 2016 was 3366 people. By 2021 the population was 3691 showing a population growth of 9.7% in the area during that time. The predominant age group in Ooralea is 30-39 years. Households in Ooralea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ooralea work in a trades occupation.In 2021, 72.50% of the homes in Ooralea were owner-occupied compared with 67.40% in 2016.
Ooralea has 1,536 properties. Over the last 5 years, Houses in Ooralea have seen a 69.11% increase in median value, while Units have seen a 118.60% increase. As at 31 July 2026:
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