Loan to Value Ratio:

65.00%

Term

4-Months

Interest Rate:
(variable, Linked to RBA Cash Rate)

9.25%

Facility Limit

$13.2m

Investment Summary

Ooralea Waters is a large-scale masterplanned residential community located 8–10km south of Mackay’s CBD in Bakers Creek.

The estate is expected to deliver approximately 2,500 new homes across multiple stages, with Stage 7 fully sold out and Stage 8 now progressing. Positioned in a high-growth urban corridor, the project offers a rare combination of lifestyle amenity, employment proximity, and strong buyer demand.

Mackay is a key regional hub with a diversified $22–26 billion economy driven by mining, agriculture, tourism, and infrastructure investment. The region is experiencing rapid population and employment growth, with government forecasts indicating a need to nearly double housing stock by 2046.

An aerial of a proposed 2500 land lot development within Mackay, QLD

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