This outstanding property is located approx. 12km North of Inverell via a sealed and all weather road. Plenty of water with good frontage to the Macintyre River and 5 dams. Mainly black and red basalt soil with some trap rock. Approx. 300 acres of arable area consisting of 150 acres lucerne and 150 acres of oats. Improvements include comfortable 4 bed, 2 bath brick home, 3 bay shed incorporating 2 stand electric shearing shed with raised board, Work shop, Dip shed, Cattle yards with head bale, 50 tonne and 15 tonne silos and Sheep yards.
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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