5 Lorrimer StreetOakey QLD 4401
Property Details for 5 Lorrimer St, Oakey
5 Lorrimer St, Oakey is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 4047m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (September 2024)
This unique property, comprising two half-acre titles, presents an opportunity for development or a charming family home. Subject to council approvals and a boundary realignment, it holds potential for a premium home and unit site.
Key Features:
Location: Perfectly positioned in a highly desirable area, just a short walk to local schools, Shopping/Medical, Oakey Army Aviation Base and only a 20-minute drive from Charlton Wellcamp Industrial, Wellcamp Airport/Industrial precinct, and the recently reopened New Hope Mine.
Property Details:
4 Bedroom Home: The lovely home has been updated with modern interiors and exteriors. Features include an updated kitchen, bathroom, laundry, new floor coverings, and fresh paint.
Energy Efficiency: Equipped with a solar power system and solar hot water, ensuring lower utility bills.
Outdoor Living: Enjoy the lovely northern front veranda and a rear outdoor entertaining area, perfect for relaxing or hosting gatherings.
Garage and Storage: A substantial 9m x 8m powered garage offers ample space for vehicles and storage. Additionally, the property includes rainwater storage.
Professional Office: Previously approved as a professional home office with sealed concrete parking, providing flexible usage options.
Utilities: Connected to Toowoomba town water and sewerage.
Why Oakey?
Growing Region: Oakey is on the cusp of significant growth and has the Oakey Army Aviation Base and numerous expanding industries in the vicinity.
Affordability: Compared to other similar towns across the Darling Downs, Oakey offers exceptional value.
For savvy investors, developers, or home buyers, this property offers a rare combination of prime location, potential for development, and a beautifully updated home. Act now to secure this exceptional investment!
Inspections by appointment only. Don't miss this fantastic opportunity! Schedule your viewing today.
Property History for 5 Lorrimer St, Oakey, QLD 4401
- 07 Jul 2024Sold for $630,000
- 13 Jun 2024Listed for Sale Reduced to $649,500
- 10 Feb 2023Sold for $545,000
Recent sales nearby
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About 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 2,282 properties. Over the last 5 years, Houses in Oakey have seen a 151.64% increase in median value, while Units have seen a 93.65% increase. As at 30 November 2025:
- The median value for Houses in Oakey is $536,517 while the median value for Units is $436,443.
- Houses have a median rent of $490 while Units have a median rent of $320.
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