QLD · 4401

Oakey

Suburb profile, market snapshot and recent listings for Oakey, QLD 4401.

Oakey, QLD 4401

About Oakey

Welcome to Oakey

Oakey sits on the Darling Downs, roughly 30 minutes west of Toowoomba, along the fertile plains that have long made this stretch of Queensland an agricultural stronghold. It's a genuine country town rather than a commuter satellite, with its own working identity built around farming, aviation and defence, most notably the Army Aviation Centre based nearby.

For buyers and renters, Oakey offers something increasingly hard to find close to a regional hub: real space, a slower pace and prices well below the coastal norm. It tends to suit families, tradespeople, defence personnel posted to the area, and anyone wanting a solid country lifestyle without giving up access to Toowoomba's larger job market and services.

Lifestyle & dining

Life in Oakey moves at a country rhythm. The town centre has the essentials covered with cafes, pubs and takeaway options that double as informal community meeting points, and locals tend to know each other by name. It's the kind of place where the annual show, local sporting fixtures and RSL events are genuine social fixtures rather than novelties.

For a bigger night out or a wider range of restaurants and retail, Toowoomba is close enough for a regular outing, which means Oakey residents get to enjoy small-town familiarity without feeling cut off from bigger-city amenities.

Shopping

Oakey's main street covers day-to-day shopping needs, with a supermarket, bakery, pharmacy and various small retailers serving the town and surrounding farming districts, including neighbouring Boodua. Anything more specialised, from fashion to homewares, is a short drive into Toowoomba, which functions as the region's major retail and commercial centre.

Getting around

The Warrego Highway runs straight through Oakey, making car travel simple and putting Toowoomba within easy reach for work, health and larger shopping trips. Oakey also sits on the Western rail line, giving the town a passenger and freight rail connection that's unusual for a place this size, a legacy of its long-standing role as a regional service centre for the Downs.

Most residents rely on a car day-to-day, as is typical for rural and semi-rural Queensland towns, but the highway and rail links mean Oakey never feels isolated from the wider region.

Schools & families

Families are well served locally, with Oakey State School and St Monica's School covering primary years, and Oakey State High School providing secondary education without the need to travel. That full run of local schooling, paired with the town's population of 4,756 and a median age of 40, points to a solid base of established families and long-term residents rather than a transient population.

The property market

Oakey's property market has been on the move, with house prices up 32.0% recently and the median house price now sitting at $588k. That's a notable rise for a town of this size, likely reflecting broader demand for affordable regional living and the steady pull of defence and agricultural employment in the area. Median rent currently sits at $460 a week.

Current listings are overwhelmingly houses, at 91%, with land making up 4%, apartments and units just 2%, and acreage or rural listings a further 2%. That mix underlines what Oakey is really about: standalone homes on reasonable blocks, with rural and acreage options for buyers wanting more space, rather than higher-density living.

Market snapshot

Oakey property market

Median price ranks #3,170 of 3,797 suburbs · pricier than 17%
Bedrooms

Median sale price

$588k

House · 3 bed

Median rent

$460

per week

Gross rental yield

4.1%

annual rent ÷ sale price

Typical price range

Entry

$396k

Median

$588k

Premium

$799k

Days on market

13

Auction clearance

0%

Sold this year

44

Median sold price trend · House 3 bed

Compound growth +22.0% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Oakey by dwelling type.

House92%
Land4%
Apartment / Unit2%
Acreage / Rural2%

Who lives here

Demographics

ABS Census 2021 figures for Oakey, QLD 4401.

Population

4,756

residents (2021)

Median age

40

years

Household income

$1,213

median, per week

Median rent

$265

per week

Median mortgage

$1,238

per month

Mortgage / income

24%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Oakey

Government school catchment

Oakey State School

Prep-6CoEdGovernment
Visit school website →

Oakey State High School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

St Monica's School

Prep-6CoEdCatholic
Visit school website →

Recent results

Recently sold in Oakey

$675k

37 Cunliffe Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$700k

40 Toowoomba Road

house3 bd · 1 ba · 5 car

Sold ~July 2026

$610k

15 Donely Street

house3 bd · 1 ba · 3 car

Sold ~July 2026

$560k

24 Davidson Street

house3 bd · 1 ba · 1 car

Sold ~July 2026

$595k

16 Joseph Street

house3 bd · 1 ba · 1 car

Sold ~July 2026

$735k

56 Donely Street

house5 bd · 2 ba · 6 car

Sold ~July 2026

$730k

45 Proposch Street

house4 bd · 1 ba · 1 car

Sold ~July 2026

$682k

7 McDonald Street

house4 bd · 1 ba · 2 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Oakey

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Price map around Oakey

Every listing for sale near Oakey, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Nearby suburbs

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Common questions

Oakey suburb FAQ

What is the median property price in Oakey?

The median house price in Oakey, QLD is $588k for a 3-bedroom home. Over the past year, median sold prices have risen about 32.0%.

How much is rent in Oakey?

The median weekly rent in Oakey is around $460 per week.

Is Oakey a good place to live?

Oakey is a rural town and locality in the Toowoomba Region, Queensland, Australia. Oakey is an established residential suburb in QLD, with a population of around 4,756 and 3 schools in the area.

What is the population of Oakey?

Oakey has a population of 4,756 (ABS 2021 Census), with a median age of 40.

What schools are in Oakey?

There are 3 schools in or near Oakey, including Oakey State School, St Monica's School and Oakey State High School.

How long do homes take to sell in Oakey?

Properties in Oakey take around 13 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Oakey?

Entry-level properties in Oakey start around $396k, while premium homes reach $799k.

What suburbs are near Oakey?

Suburbs near Oakey include Boodua.

Available now

Properties in Oakey

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NewFor Sale
$799,000
house

Immaculate Family Living in a Peaceful Cul-de-Sac

20 Cass Court, Oakey QLD 4401
422828 m²
NGU Real Estate - ToowoombaYesterday
Ask AI about this property
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For Sale
$575,000
house

A Home With Heart in the Heart of Oakey

105 Bridge Street, Oakey QLD 4401
412953 m²
Ray White Toowoomba2 weeks ago
Ask AI about this property
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NewFor Sale
$575,000
house

Neat, Updated & Ready for Its Next Chapter

32 Milligan Street, Oakey QLD 4401
312608 m²
Ray White Rural OakeyYesterday
Ask AI about this property
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For Sale
$749,500
house

Modern Comfort Meets Investment Opportunity in Oakey

7 Jacquelyn Court, Oakey QLD 4401
422702 m²
Sovereign Property Partners2 months ago
Ask AI about this property
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For Sale
Contact agent
house

Move Straight In Extensively Updated & Priced to Sell!

40 Cory Street, Oakey QLD 4401
211749 m²
Westgarth Realty2 weeks ago
Ask AI about this property
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For Sale
EOI
house
StMate est. ~$645k

Country Character & Creek Frontage on 3.92 Acres

54 Lorrimer Street, Oakey QLD 4401
32121.59 ha
Abra Agencies1 week ago
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Image 1
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For Sale
Another Wanted
house
StMate est. ~$740k

Modern home with huge shed + room for a caravan

36 Milligan Street, Oakey QLD 4401
423642 m²
Westgarth Realty3 months ago
Ask AI about this property
Image 1
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For Sale
$595,000
house

Perfect Starter Ideal for First Home Buyers or Investors

42 Cory Street, Oakey QLD 4401
412749 m²
Sovereign Property Partners1 month ago
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For Sale
EOI
house
StMate est. ~$480k

Opportunity For Lifestyle or Investment

Lot 3 T Moore Road, Oakey QLD 4401
19.53 ha
Ray White Rural Oakey2 months ago
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For Sale
$698,000
house

Spacious Family Living with a Peaceful Rural Outlook

59 Hamlyn Road, Oakey QLD 4401
422700 m²
Ray White Toowoomba3 weeks ago
Ask AI about this property
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For Sale
EOI
rural

"Gothaire" - Productive 132.7* Acre Darling Downs Farm with Toowoomba Views

"Gothaire" 379 4ak Road, Oakey QLD 4401
42453.75 ha
Ray White Toowoomba1 month ago
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For Sale
$664,500
house

Centrally Located Family Home on Nearly ¼ Acre

81 Lorrimer Street, Oakey QLD 4401
411981 m²
Sovereign Property Partners2 months ago
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