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Silky Oak
QLD, 4854 - Cassowary Coast

Thinking about buying in Silky Oak? Now could not be a better time, with just 195 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $533,000 with prices in this suburb ranging from $221,000 to $665,000. Silky Oak is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $240.75
Median Monthly Mortgage $1258.25
Median Persons Per Bedroom 0.85
Average Household Size 2.75
Average Age 44.50
Average Income $724.25
Average Cars Per Dwelling 2.04
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $664,000
3 Bed  $508,000
4 Bed  $594,000

Silky Oak Real Estate Market Outlook

In Silky Oak 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 Silky Oak 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 Silky Oak 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. High density population in Silky Oak requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Silky Oak 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.

Houses for sale Silky Oak

LJ Hooker 267 JACK EVANS DR, SILKY OAK, QLD, 4854 Beds2 Bathrooms1 Parking 1 $199,000

Local Schools

Tully State High School

Tully State School

St Clare's School

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Silky Oak 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
Jan16.423.331.561.796.51.921.6
Feb14.723.231.855.088.31.720.7
Mar20.22330.561.292.01.919.0
Apr9.621.228.760.993.52.317.3
May9.719.326.465.296.32.415.1
Jun6.217.124.863.496.42.314.4
Jul4.716.324.560.296.42.215.5
Aug2.815.525.553.396.62.117.8
Sept2.717.327.453.096.22.221.2
Oct3.819.229.053.495.82.223.6
Nov3.121.130.650.288.92.125.2
Dec8.822.531.452.588.12.124.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

TullyMount MackayEuramoBirkallaLower TullyMerryburnJarra CreekMidgenooBulgunRockingham

Public Transport


General Points of Interest

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