7 Costello Road, Oakey, QLD 4401 | Property Value & History | OnTheHouse
 
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7 Costello Road
Oakey QLD 4401

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 635850m2
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Property Details for 7 Costello Rd, Oakey

7 Costello Rd, Oakey is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 635850m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
House
Year Built
1970
Land Size
635850m2
Local Government
Toowoomba Regional
Lot/Plan
86/AG3051

Last Listing description (August 2025)

From the picture-perfect outlook, the well presented family home is a convenient location to Oakey, Highfields and Toowoomba and is a truly unique opportunity. Accommodating flat terrain for pasture improvement, fodder or vegetable cropping and cattle fattening, with the added benefit of a water licence to meet your needs with future development. 'White Gums' is very well positioned with a great variety of country and pasture enjoying an excellent season. Create lasting memories for you and your family, possibly for generations, register your interest today before it is too late.

General:

Well presented family home with fenced yard, studio and great sheds

'White Gums' is accompanied by sound improvements with sheds and a reliable electric submersible bore
35* meg water licence, added security with the ability to irrigate the cultivation if desired
Bitumen road frontage and only minutes to Oakey
Perfect mixed farming property with cultivation flats, grazing and some elevated country
Stunning fertile ex-dairy country
Fenced into 8 paddocks with a laneway to the steel yards, headbail and loading ramp
Inner Darling Downs soft cropping climate with easily managed infrastructure
Refreshing Darling Downs lifestyle with no neighbours close by
Close proximity to Oakey, Toowoomba By - Pass, Wellcamp Airport, Highfields & Toowoomba

Home:
3 bedrooms, all with built ins
2 bathrooms
Open kitchen/living with polished timber floors
Separate lounge
North facing verandah
Separate studio 6*m x 2.8m*
Fire place
5*kW solar system

Shedding:
4 bay garage
18.5*m x 12.5m* machinery shed with power
Old powered dairy (3phase) with concrete floor
Silo

Fencing:
8 paddocks with laneway
Split post and 4 barb
60* acres previously cultivated
Steel yards, head bail and ramp
Red loam soil to darker creek alluvial soils
Natural grasses - Rhodes, Qld Blue Grass, Panic and Couch

Water:
Rainwater to house - 1x 10000*g and 2x 5000*g
35* meg Irrigation licence Oakey Creek Alluvium
Oakey Creek meandering through property with flowing water

* = Approximately

Rates: Approximately $1,299.27 per half year

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Property History for 7 Costello Rd, Oakey, QLD 4401

A timeline of how this property has performed in the market
Last Sold
$1,400,000
29 Jul 2024
  • 26 Mar 2025
    Listed for Sale Buyer interest above $1,385,000
  • 29 Jul 2024
    Sold for $1,400,000
  • 17 Mar 2022
    Listed for Sale $1,040,000
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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 2,289 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.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Oakey on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Oakey.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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