Thinking about buying in Oakwood? Now could not be a better time, with just 160 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $555,000 with prices in this suburb ranging from $283,000 to $1,111,000. The aproximate distance to the coast is 11 Km.
| Median Weekly Rent | $346.50 |
| Median Monthly Mortgage | $1304.50 |
| Median Persons Per Bedroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 50.50 |
| Average Income | $834.50 |
| Average Cars Per Dwelling | 1.54 |
| Average Properties Within 50M | 1 |
| 2 Bed $289,000 |
| 3 Bed $482,000 |
| 4 Bed $606,000 |
| 5 Bed $465,000 |
| 6 Bed+$747,000 |
In Oakwood 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 Oakwood 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 Oakwood 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Oakwood 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.
Oakwood State School
Gooburrum State School
Coral Coast Christian School
Sharon State School
Avoca State School
(While the above schools are located with the suburb of Oakwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
| 25-06-2024 | $4,900,000 | 138 PRESTONS LANE |
| 22-12-2022 | $5,304,850 | 141 GEORGESONS LANE |
| 22-12-2022 | $2,652,950 | 1839 YETMAN RD |
| 03-05-2022 | $775,000 | 1664 YETMAN RD |
| 03-03-2022 | $360,000 | 9 WYNELLA RD |
| 06-08-2021 | $130,000 | 1736 YETMAN RD |
| 08-06-2021 | $1,220,000 | 1101 DINTONVALE RD |
| 10-03-2021 | $410,000 | 1837 YETMAN RD |
| 24-02-2021 | $1,800,000 | 316 WYNELLA RD |
| 12-10-2020 | $900,000 | 696 ARRAWATTA RD |
| 31-07-2020 | $1,310,000 | 1101 DINTONVALE RD |
| 20-07-2020 | $1,100,000 | 1444 YETMAN RD |
| 13-07-2020 | $392,500 | 100 ANDERSON LANE |
| 06-07-2020 | $3,517,160 | 441 WYNELLA RD |
| 30-06-2020 | $7,870,000 | 550 ARRAWATTA RD |
| 28-04-2020 | $1,764,000 | 460 WYNELLA RD |
| 15-04-2020 | $13,102,000 | 1226 YETMAN RD |
| 27-02-2020 | $278,000 | 1773 YETMAN RD |
| 22-03-2019 | $4,362,300 | 516 OAKWOOD RD |
| 28-02-2019 | $555,000 | 1552 YETMAN RD |
| 15-02-2019 | $450,000 | 173 WADDELLS LANE |
| 18-12-2018 | $98,000 | 1734 YETMAN RD |
| 14-06-2018 | $190,000 | 93 TURNERS LANE |
| 03-11-2017 | $5,350,000 | 550 ARRAWATTA RD |
| 20-07-2017 | $400,000 | 101 WYNELLA RD |
| 25-05-2017 | $730,000 | 165 CUTLERS LANE |
| 19-04-2017 | $500,000 | 235 WADDELLS LANE |
| 31-03-2017 | $825,000 | 203 TURNERS LANE |
| 26-08-2016 | $513,000 | 767 DINTONVALE RD |
| 24-03-2016 | $2,000,000 | 441 WYNELLA RD |
| 18-01-2016 | $485,000 | 366 OAKWOOD RD |
| 09-12-2015 | $90,000 | 1736 YETMAN RD |
| 30-10-2015 | $690,000 | 131 WADDELLS LANE |
| 14-05-2015 | $1,000,000 | 844 ARRAWATTA RD |
| 27-03-2015 | $295,000 | 165 TURNERS LANE |
| 06-02-2015 | $370,000 | 1695 YETMAN RD |
| 17-03-2014 | $67,000 | 1734 YETMAN RD |
| 14-03-2014 | $750,000 | 131 WADDELLS LANE |
| 24-02-2014 | $480,000 | 50 TURNERS LANE |
| 17-01-2014 | $187,000 | 1773 YETMAN RD |
| 09-01-2014 | $312,500 | 203 TURNERS LANE |
| 30-09-2013 | $1,792,500 | 460 WYNELLA RD |
| 20-12-2012 | $6,900,000 | 2145 YETMAN RD |
| 03-02-2012 | $683,000 | 226 OAKWOOD RD |
| 07-12-2011 | $302,000 | 1263 YETMAN RD |
| 27-05-2011 | $700,000 | 131 WADDELLS LANE |
| 28-04-2011 | $580,000 | 221 PRESTONS LANE |
| 07-01-2011 | $193,000 | 1695 YETMAN RD |
| 11-08-2010 | $100,000 | 636 ARRAWATTA RD |
| 17-07-2009 | $975,000 | 696 ARRAWATTA RD |
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