5 Mcdonald St, Oakey is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 1047m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
A Great buy! Don't miss this lovely character home situated only a short walk to Oakey's main street shopping, medical, pool, library, RSL, Tavern and so much more. The 1047m2 block is ideal for dual occupancy. Add a second dwelling or granny flat and maximize the returns or house the extented family. The current home features a lovely Northern veranda, large lounge with air conditioning, 3 generous sized bedrooms, updated kitchen, shower over bath, internal access to the toilet and laundry, rear sunroom, large outdoor entertaining area, rain water storage, powered double garage, and a fully fenced yard. Building inspection shouldn't be an issue with a new roof in place and renewed adjustable stumps. Tenant in place at $300p/w but willing to pay $350p/w if an investor purchases the property. Vacant possession is also available. 48 hours' notice will be needed for inspections please. Oakey is Only 30 minutes from Charlton Wellcamp Industrial, Toowoomba Wellcamp Airport/ Industrial precinct, newly reopened New Hope Mine and the Oakey Army Aviation Base. Investors keep a keen eye on Oakey. It is surrounded by expanding industries on all sides and Oakey is still well underpriced when compared to other similar towns across the Darling Downs. Inspections by appointment. Don't miss this wonderful opportunity!
Council rates : Approx $1,028.61 net / half yearly
Water rates: Approx $349.55 net / half yearly
The size of Oakey is approximately 127 square kilometres. It has 9 parks covering nearly 0.6% of total area. The population of Oakey in 2011 was 4,528 people. By 2016 the population was 4,721 showing a population growth of 4.3% in the area during that time. The predominant age group in Oakey is 10-19 years. Households in Oakey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oakey work in a labourer occupation. In 2011, 62.7% of the homes in Oakey were owner-occupied compared with 60.4% in 2016.
Oakey has 2,276 properties. Over the last 5 years, Houses in Oakey have seen a 133.73% increase in median value, while Units have seen a 46.87% increase. As at 30 September 2024:
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