Oak Valley, Townsville, QLD, is a pleasant suburban area characterized by its semi-rural setting, offering residents a tranquil escape from the bustling city life of Townsville. The housing market in Oak Valley is generally more affordable compared to the inner suburbs, which makes it an attractive option for families and first-time homebuyers. Properties here largely consist of spacious lots with single-story houses, benefiting from the area's expansive natural landscapes. The market has seen moderate growth over recent years, with increasing interest from buyers seeking a peaceful lifestyle without straying too far from the city's amenities.
Living in Oak Valley provides a unique blend of quiet, rural charm coupled with the convenience of proximity to Townsville's urban offerings. Residents enjoy a close-knit community environment, often engaging in local activities and events that foster a strong sense of belonging and community spirit. The area boasts numerous parks and recreational areas, perfect for outdoor enthusiasts who appreciate nature and open spaces. While the suburb feels removed from the hustle and bustle, essential services and facilities are just a short drive away, providing an ideal balance for those who seek both serenity and accessibility.
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Thinking about buying in Oak Valley? Now could not be a better time, with just 230 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $782,000 with prices in this suburb ranging from $438,000 to $2,083,000. Oak Valley is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Oak Valley there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Oak Valley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Oak Valley leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Oak Valley the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Oak Valley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.9 | 16.7 | 28.4 | 41.9 | 88.9 | 6.9 | 25.6 |
Feb | 1.2 | 16.1 | 27.5 | 44.7 | 91.4 | 6.5 | 23.3 |
Mar | 0.4 | 14.7 | 26.4 | 43.4 | 93.5 | 6.0 | 19.1 |
Apr | 0.8 | 12.0 | 25.0 | 39.0 | 92.7 | 5.1 | 15.6 |
May | 0.8 | 8.8 | 21.2 | 43.7 | 94.0 | 4.8 | 12.4 |
Jun | 1.0 | 6.0 | 18.7 | 46.0 | 94.9 | 4.7 | 10.9 |
Jul | 0.8 | 5.6 | 18.6 | 44.5 | 95.7 | 5.1 | 11.6 |
Aug | 0.6 | 6.2 | 20.6 | 36.9 | 95.1 | 5.5 | 14.5 |
Sept | 0.5 | 8.5 | 23.7 | 31.6 | 92.1 | 6.1 | 19.2 |
Oct | 0.6 | 10.8 | 24.8 | 32.5 | 88.5 | 6.5 | 23.4 |
Nov | 0.4 | 13.1 | 27.2 | 34.3 | 89.0 | 6.5 | 26.4 |
Dec | 0.3 | 14.6 | 28.5 | 35.3 | 88.8 | 6.6 | 28.5 |
source: Australian Government Bureau of Meteorology
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