All About Oakey, Toowoomba, QLD, 4401
As of recent years, the housing market in Oakey, located in the Toowoomba Region of Queensland, has seen a notable evolution, with the area attracting a mix of first-time homeowners, families, and investors. Oakey offers a relatively affordable housing market compared to major cities, making it an appealing option for buyers seeking more spacious living arrangements without the hefty price tag. The housing offerings range from charming Queenslander-style homes to more modern constructions, catering to a diversity of tastes and needs. The stability of the property market in Oakey is supported by its strategic location not too far from Toowoomba's burgeoning commercial and educational hubs, coupled with its proximity to the Wellcamp Airport, which boosts regional connectivity. This blend of attributes contributes to an attractive investment landscape, coupled with the area's potential for appreciation as southeast Queensland continues to grow.
Living in Oakey provides residents with the quintessential blend of rural and suburban lifestyle, offering a tight-knit community atmosphere complemented by essential amenities and services. The town is known for its friendly and welcoming community vibe, making it an ideal place for families and individuals desiring a slower pace of life with a strong sense of community spirit. Residents have access to various local facilities, including schools, a hospital, shopping centers, and recreational amenities like parks and sports fields. The local lifestyle is often characterized by community events, outdoor activities, and a general appreciation of the area's natural beauty, with the surrounding countryside offering plenty of opportunities for exploration and leisure. Additionally, Oakey's proximity to Toowoomba provides residents with the best of both worlds—serene rural living with the convenience of urban amenities just a short drive away.
Household Makeup
| Median Weekly Rent | $276.38 |
| Median Monthly Mortgage | $1192.23 |
| Median Persons Per bed houseroom | 0.76 |
| Average Household Size | 2.46 |
| Average Age | 42.92 |
| Average Income | $628.15 |
| Average Cars Per Dwelling | 1.79 |
| Average Properties Within 50M | 6 |
| Typical 1 bed house | $315,000 |
| Typical 2 bed house | $280,000 |
| Typical 3 bed house | $17,152,000 |
| Typical 4 bed house | $24,940,000 |
| Typical 5 bed house | $702,000 |
| Typical 6 bed+ house | $856,000 |
Housing Stock
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Oakey Real Estate Market Outlook
Thinking about buying in Oakey? Now could not be a better time, with 2901 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $5,877,000 with prices in this suburb ranging from $102,000 to $6,375,141,000. The aproximate distance to the coast is 126 Km.
In Oakey there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Oakey is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Oakey leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Oakey necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Oakey the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Oakey
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12111 Warrego Hwy, Oakey, QLD, 4401 |  9 |
 3 |
 9 |
Offers Above $2,999,000 |
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21 Delray Street, Oakey, QLD, 4401 | 3 |
1 |
6 |
Local Schools
St Monica's School
Oakey State High School
Oakey State School
(While the above schools are located with the suburb of Oakey there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Oakey weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.5 | 18.4 | 31.4 | 40.0 | 90.2 | 5.3 | 24.3 |
| Feb | 2.4 | 17.6 | 30.4 | 41.2 | 90.2 | 5.2 | 22.3 |
| Mar | 2.8 | 16.4 | 28.1 | 47.4 | 93.5 | 4.6 | 19.5 |
| Apr | 0.7 | 12.0 | 26.5 | 40.0 | 93.9 | 3.9 | 18.1 |
| May | 1.2 | 6.4 | 21.8 | 42.3 | 95.1 | 3.6 | 14.2 |
| Jun | 1.2 | 4.8 | 19.4 | 47.1 | 95.8 | 3.7 | 12.0 |
| Jul | 0.7 | 3.5 | 19.6 | 40.9 | 94.5 | 3.7 | 13.4 |
| Aug | 0.7 | 3.6 | 21.7 | 31.0 | 89.2 | 4 | 16.4 |
| Sept | 0.8 | 7.6 | 24.6 | 31.0 | 91.3 | 4.4 | 20.3 |
| Oct | 1.6 | 11.0 | 27.0 | 32.5 | 89.6 | 4.8 | 24.2 |
| Nov | 1.3 | 14.8 | 29.9 | 32.3 | 89.1 | 5.0 | 27.6 |
| Dec | 2.1 | 17.6 | 31.6 | 34.4 | 88.3 | 5.1 | 25.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Oakey - Less than 5 KM
General Points of Interest
Farmfest Agricultural Field Day Grounds - Less than 10 KM
Nearby Suburbs
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