AREA: Approx. 13.35Ha (33Acres)
SITUATION: Located approx. 15Km North West of Inverell in the popular Oakwood region
INVERELL SHIRE COUNCIL RATES: Approx. $1,322.00 per annum
The size of Oakwood is approximately 152.3 square kilometres. The population of Oakwood in 2011 was 396 people. By 2016 the population was 156 showing a population decline of 60.6% in the area during that time. The predominant age group in Oakwood is 40-49 years. Households in Oakwood are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Oakwood work in a managers occupation. In 2011, 80.2% of the homes in Oakwood were owner-occupied compared with 70.4% in 2016..
Oakwood has 94 properties. Over the last 5 years, Houses in Oakwood have seen a 36.62% increase in median value. As at 31 October 2024:
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