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QLD › Oakey › Toowoomba Rd

23 Toowoomba Rd, Oakey QLD 4401

For saleHouse for Sale

$549,500

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

809 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $549,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $549,500(Listing record · 26 Aug 2026)
  • CalculationLand 809 m² against a 95 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 13% below the Oakey median recorded sale ($631,000, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Oakey's advertised median rent ($494/wk), implied gross yield would be 4.67% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$549,500

Asking · $679/m² of land

No recorded sale for this property.

Oakey at a glance

4,916

People

$631,000

Median sale

$494/wk

Median rent

4.07%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Oakey report →

Vs Oakey

-12.9%

Median sale

Suburb $631,000

+0.60 pp

Gross yield

Suburb 4.07%

Suburb median $631,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$549,500
Stamp Duty (Queensland)
$17,753
Transfer/Registration Fee
$1,971
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$572,924

$23,424 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Oakey's advertised median rent — not a rent for this listing.

Net yield
3.17%
Annual cashflow (pre-tax)
$-11,128
Interest cover (DSCR)
0.61
Annual rent
$25,688
Operating expenses
$8,243
Loan amount
$439,600
Annual interest
$28,574
Gross yield
4.67%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$549,500available26 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $494/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Oakey in one glance

Oakey at a glance

4,916

People

$631,000

Median sale

$494/wk

Median rent

4.07%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Oakey report →

Keep researching

  • Why Oakey? Read the area thesis →
  • What else is on the market in Oakey →
  • Other records on Toowoomba Rd →

Listing material

Listed by Sovereign Property Partners Toowoomba

Great Buy

Solid Government-Built Home • 809m² Block • Tenant in Place Until June 2027

Don't miss this fantastic opportunity to secure a solid Government-built home with a fantastic tenant already in place until 7 June 2027 at $400 per week.

Set on a generous 809m² fully fenced block, this property offers the space, practicality and location that tenants, families and investors are looking for.

Read the full description

Property Features

• 3 built-in bedrooms

• Open Plan- dining and lounge

• New reverse-cycle air conditioner

• Large kitchen with plenty of cupboard space

• Spacious bathroom with shower over bath

• Separate toilet

• Fully fenced, private yard – ideal for children and pets

• Renewed sliding windows with security screens

• Renewed guttering

• Toowoomba town water and sewerage connected

• Natural gas connected

• Gas hot water

Garaging & Extras

• Attached carport

• Drive-through access

• Large garden shed

• Plenty of room on the 809m² block

Investors – Take Note

With a quality tenant in place at $400 per week until 7 June 2027, this property provides an attractive opportunity for investors seeking a solid home with an established rental return in an affordable regional location.

Location & Lifestyle

Situated in a quiet area of Oakey, the property is conveniently located within walking distance of schools and shopping.

Oakey offers an affordable country lifestyle with easy access to Toowoomba and major employment and industry centres, including:

• Charlton Wellcamp Industrial Precinct

• Toowoomba Wellcamp Airport

• New Hope Coal Mine

• Oakey Army Aviation Centre

Oakey also provides a great range of essential services and amenities, including:

• Hospital and medical services

• Schools

• Pharmacies and dental services

• Library

• RSL and tavern

• Bowls club

• Supermarkets

• Specialty shops

• Parks and community facilities

Large Block • Solid Home • Great Tenant • Convenient Location

Don't miss this opportunity to secure a solid investment or practical family home in Oakey.

Contact Wayne today for more information or to arrange your inspection.

Listing description written by Wayne Laughton, Sovereign Property Partners Toowoomba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Fully Fenced
  • Toilets: 1
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.