Oakwood Real Estate, NSW, 2360 Inverell

Thinking about buying in Oakwood? Now could not be a better time, with just 96 residential dwellings it's a highly sought after location.

Distance to the coast is 204 Km.

Oakwood Real Estate Market Outlook

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.

About

Properties For Sale

Local Schools


Oakwood State School

(While the above schools are located with the suburb of Oakwood there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

03-05-2022 $775,000 1664 YETMAN RD OAKWOOD 2360
03-03-2022 $360,000 9 WYNELLA RD OAKWOOD 2360
06-08-2021 $130,000 1736 YETMAN RD OAKWOOD 2360
08-06-2021 $1,220,000 1101 DINTONVALE RD OAKWOOD 2360
10-03-2021 $410,000 1837 YETMAN RD OAKWOOD 2360
24-02-2021 $1,800,000 316 WYNELLA RD OAKWOOD 2360
12-10-2020 $900,000 696 ARRAWATTA RD OAKWOOD 2360
31-07-2020 $1,310,000 1101 DINTONVALE RD OAKWOOD 2360
20-07-2020 $1,100,000 1444 YETMAN RD OAKWOOD 2360
13-07-2020 $392,500 100 ANDERSON LANE OAKWOOD 2360
06-07-2020 $3,517,160 441 WYNELLA RD OAKWOOD 2360
30-06-2020 $7,870,000 550 ARRAWATTA RD OAKWOOD 2360
28-04-2020 $1,764,000 460 WYNELLA RD OAKWOOD 2360
15-04-2020 $13,102,000 1226 YETMAN RD OAKWOOD 2360
27-02-2020 $278,000 1773 YETMAN RD OAKWOOD 2360
22-03-2019 $4,362,300 516 OAKWOOD RD OAKWOOD 2360
22-03-2019 $2,137,700 639 OAKWOOD RD OAKWOOD 2360
28-02-2019 $555,000 1552 YETMAN RD OAKWOOD 2360
15-02-2019 $450,000 173 WADDELLS LANE OAKWOOD 2360
18-12-2018 $98,000 1734 YETMAN RD OAKWOOD 2360
14-06-2018 $190,000 93 TURNERS LANE OAKWOOD 2360
03-11-2017 $5,350,000 550 ARRAWATTA RD OAKWOOD 2360
20-07-2017 $400,000 101 WYNELLA RD OAKWOOD 2360
25-05-2017 $730,000 165 CUTLERS LANE OAKWOOD 2360
19-04-2017 $500,000 235 WADDELLS LANE OAKWOOD 2360
31-03-2017 $825,000 203 TURNERS LANE OAKWOOD 2360
31-03-2017 $275,000 165 TURNERS LANE OAKWOOD 2360
26-08-2016 $513,000 767 DINTONVALE RD OAKWOOD 2360
24-03-2016 $2,000,000 441 WYNELLA RD OAKWOOD 2360
18-01-2016 $485,000 366 OAKWOOD RD OAKWOOD 2360
09-12-2015 $90,000 1736 YETMAN RD OAKWOOD 2360
30-10-2015 $690,000 131 WADDELLS LANE OAKWOOD 2360
14-05-2015 $1,000,000 844 ARRAWATTA RD OAKWOOD 2360
27-03-2015 $295,000 165 TURNERS LANE OAKWOOD 2360
06-02-2015 $370,000 1695 YETMAN RD OAKWOOD 2360
17-03-2014 $67,000 1734 YETMAN RD OAKWOOD 2360
14-03-2014 $750,000 131 WADDELLS LANE OAKWOOD 2360
10-03-2014 $333,500 173 WADDELLS LANE OAKWOOD 2360
24-02-2014 $480,000 50 TURNERS LANE OAKWOOD 2360
17-01-2014 $187,000 1773 YETMAN RD OAKWOOD 2360
09-01-2014 $312,500 203 TURNERS LANE OAKWOOD 2360
30-09-2013 $1,792,500 460 WYNELLA RD OAKWOOD 2360
20-12-2012 $6,900,000 2145 YETMAN RD OAKWOOD 2360
03-02-2012 $683,000 226 OAKWOOD RD OAKWOOD 2360
07-12-2011 $302,000 1263 YETMAN RD OAKWOOD 2360
27-05-2011 $700,000 131 WADDELLS LANE OAKWOOD 2360
28-04-2011 $580,000 221 PRESTONS LANE OAKWOOD 2360
07-01-2011 $193,000 1695 YETMAN RD OAKWOOD 2360
11-08-2010 $100,000 636 ARRAWATTA RD OAKWOOD 2360
17-07-2009 $975,000 696 ARRAWATTA RD OAKWOOD 2360

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