FOR SALE
$250,000

7 Oakey Street
Biloela QLD 4715

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 688m2
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YOU WON'T FIND BETTER VALUE

An absolute bargain in today's current market.
With an established lease in place until July, 2025 and a weekly rental income of $320 / week, this property offers investment potential for investors.
Air-conditioned living/dining combination.
Three bedrooms, two include air-conditioning.
Compact, yet functional kitchen upright electric oven and plenty of storage.
Large undercover entertainment area which could also be utilised as a single vehicle carport, as well as a small, covered porch at the front entrance.
The home is fully security-screened and the 688*m2 allotment is fully fenced. There is double gate access to the large back yard which includes a 3m x 3m lawn locker for your storage requirements.
Private inspections available by appointment.
• Council rates - $2081.12* / half year (gross amount)
Contact Sharon Gallagher at Ray White Biloela.
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Property Details for 7 Oakey St, Biloela

7 Oakey St, Biloela is a 3 bedroom, 1 bathroom House. The property has a land size of 688m2. The place is currently for sale with Ray White Biloela.

Building Type
House
Land Size
688m2

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About Biloela 4715

The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2011 was 5,884 people. By 2016 the population was 5,770 showing a population decline of 1.9% in the area during that time. The predominant age group in Biloela is 0-9 years. Households in Biloela are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Biloela work in a trades occupation. In 2011, 57.3% of the homes in Biloela were owner-occupied compared with 57.5% in 2016.

Biloela has 2,907 properties. Over the last 5 years, Houses in Biloela have seen a 84.62% increase in median value, while Units have seen a 18.34% increase. As at 30 November 2024:

  • The median value for Houses in Biloela is $320,322 while the median value for Units is $237,010.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Biloela.

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Sharon Gallagher
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Ray White Biloela
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