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Oakwood
QLD, 4670 - Bundaberg

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.

Household Makeup

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

Housing Stock

Average Property Prices

2 Bed  $289,000
3 Bed  $482,000
4 Bed  $606,000
5 Bed  $465,000
6 Bed+$747,000

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.


Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Oakwood 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
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

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
10-07-2009 $1,750,000 138 PRESTON S LANE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

MillbankAvocaGooburrumBundaberg NorthBundaberg WestSvensson HeightsSharonBundaberg CentralMeadowvaleNorville


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