Suburb Profile Report for Oakey QLD (4401)

Oakey House: Median price $250,000, Annual capital growth 3.63%, Number of sales 53, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

Oakey has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.04% to date .

While Oakey,4401 ranked number 311th in QLD for increase in median house value (annualised) increase, it is ranked 366th over the last 5 years.

Property investors looking for a bargain in Oakey should be aiming for at least -6.65% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 53 properties changed hands in Oakey, which puts it as the 416th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Oakey, 4401 is in the Toowoomba local government area.

HOUSE UNIT
$250,000 N/A
1.21% N/A
6.04% N/A
3.63% N/A
$280 N/A
53 N/A
5.82% N/A
107.86 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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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
Chart Table
Recent sales & rentals