Suburb Profile Report for Oakey QLD (4401)

Oakey House: Median price $235,000, Annual capital growth 2.90%, Number of sales 49, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Oakey has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.67%

If we look at median property appreciation over just the last three months, Oakey has given property investors a paper return of -7.48%. This puts Suburb as 794 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Oakey is giving property investors an average Vendor Discount of around -6.78%. This puts suburb at number 374th in QLD when ranking the most discounted suburbs.

Advertised rents are around the $270 mark per week – giving a return of 5.97% based on the median price in Suburb

HOUSE UNIT
$235,000 N/A
-7.48% N/A
-1.67% N/A
2.90% N/A
$270 N/A
49 N/A
5.97% N/A
114.61 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 4528
Median household income ($/weekly) 963
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 677 14.9
    25-34 years 488 10.8
    35-44 years 611 13.5
    45-54 years 577 12.7
    55-64 years 484 10.7
    Others 1692 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 1479 49.5
    Not Married 1146 38.4
    Defacto Relationship 360 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3894 92.5
    Papua New Guinea 49 1.2
    Philippines 29 0.7
    United Kingdom 106 2.5
    Other 64 1.5
    Others 68 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 3405 83.6
    No Religion 614 15.1
    Other Religious Groups 27 0.7
    Buddhism 20 0.5
    Islam 6 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 187 13.4
    $600-$799 176 12.6
    $800-$999 152 10.9
    $1,000-$1,249 156 11.2
    $1,500-$1,999 172 12.4
    Others 549 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1311 39.7
    Employed, worked full-time 1295 39.2
    Employed, worked part-time 462 14.0
    Employed, away from work 120 3.6
    Unemployed, looking for work 115 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 199 10.6
    Technicians & trades workers 315 16.8
    Community & personal service workers 176 9.4
    Machinery operators & drivers 217 11.6
    Labourers 480 25.6
    Others 491 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 56 6.3
    Infants/Primary 426 47.8
    Secondary 272 30.5
    Technical or Further Educational Institution 52 5.8
    University or other Tertiary Institutions 62 7.0
    Others 23 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3821 95.4
    Flat, unit or apartment 147 3.7
    Semi-detached, row or terrace house, townhouse 18 0.4
    Caravan, cabin, houseboat 18 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 531 35.0
    Being purchased 490 32.3
    Fully owned 489 32.3
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals