If you compare the increase in value of investment property in Oakey, 4401 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -25.96%.
Comparing Oakey,4401 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Oakey, 4401 is offering QLD ‘s 87th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
At number 3281 in a list of fastest selling suburbs, Oakey is in the bottom 20% of suburbs in Australia with an average of days on market 115.913 for properties listed there.
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Oakey, QLD – Rural suburb offers affordability
Median house price: $190,000
Three-year growth: -23.1%
Rental yield: 8.1%
Located 153km inland from Brisbane, Oakey has the heart of a rural town but with the flair of a thriving business hub.
Two supermarkets, a sports centre and a hairdresser can be found locally, and there is also a hospital, a library, and three local schools. It is also home to the Australian Army Flying Museum.
Further amenities and work opportunities are in close reach in the city of Toowoomba, which has experienced substantial growth in both infrastructure and employment. The nearby city also hosts the annual Carnival of Flowers, and a number of new cafes and restaurants are gradually giving rise to the popular ‘laneway’ culture.