18 Cherry StreetOakey QLD 4401
Property Details for 18 Cherry St, Oakey
18 Cherry St, Oakey is a 8 bedroom, 5 bathroom Unit with 7 parking spaces and was built in 1940. The property has a land size of 3892m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (January 2022)
Dont miss this amazing opportunity to purchase two titles totalling almost 1 acre of land only metres to Oakeys main street as a great investment now and into the future. With 3 units currently returning $530 per week plus a lovely stately residence this property is an exceptional home and investment.The home features 3 double air-conditioned bedrooms, 2 sleep outs/plus office , enormous air-conditioned lounge room, north facing glassed-in family room, air-conditioned media room, sun room, huge kitchen with dishwasher, front and rear verandas, bathroom with double vanity, toilet, laundry with shower, toilet, large garden shed, 2 tool sheds, a double garage and an in ground pool ( in need of repair).The 3 units include a triple carport return $190 per week (2 bedrooms), $180 per week (2 bedrooms), $160 per week (1 bedroom). The home could also rent for $300 to $350 per week giving an investor a possible 7 to 7.5% return. Properties of this calibre dont come on the market often so avoid missing this unique opportunity and call now for an inspection!
Property History for 18 Cherry St, Oakey, QLD 4401
- 05 Jul 2021Sold for $520,000
- 07 Jun 2021Listed for Rent $210 / week
- 21 Nov 2019Listed for Sale Expressions Of Interest
Recent sales nearby
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0About Oakey 4401
The size of Oakey is approximately 127.0 square kilometres. It has 9 parks covering nearly 0.6% of total area. The population of Oakey in 2016 was 4705 people. By 2021 the population was 4756 showing a population growth of 1.1% 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 2021, 61.80% of the homes in Oakey were owner-occupied compared with 60.40% in 2016.
Oakey has 2,288 properties. Over the last 5 years, Houses in Oakey have seen a 166.30% increase in median value, while Units have seen a 125.92% increase. As at 28 February 2026:
- The median value for Houses in Oakey is $581,837 while the median value for Units is $465,595.
- Houses have a median rent of $490 while Units have a median rent of $333.
Suburb Insights for Oakey 4401
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