Oakey

POSTAL CODE: QLD, 4401

HOUSE

Property investors have seen a 3.33% gain in OAKEY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on OAKEY, 4401 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 32.18%.

Based on its average 5-year and quarterly capital gains OAKEY, 4401 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $651,000

Profits averaged 27.67% per annum over a 3-year period, due to an upward trend in home prices in OAKEY, 4401.

This means, real estate investors could earn a rental income of $470 based on current median home prices for the suburb.

The gross rental yield in OAKEY, 4401 is 3.75%.

An average of 7.5 real estate transactions take place per month in OAKEY which translates to 90 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$651,000	N/A
Growth Report
Median Quarterly	3.33%	N/A
Median 12 month	32.18%	N/A
Median 3 years	83.38%	N/A
Median 5 years	152.82%	N/A
10 years average annual	11.42%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	26.6 days	N/A
Gross Rental Yield Percent	3.75%	N/A

Demographics (Median Values)*

Total Population 4660

Weekly Household Income 877.1

Household Size 2.70

Average Age 36

Monthly Loan Repayment 916

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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