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24 Murray Street, Oakey QLD 4401

For Sale

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$850k - $900k Medium Confidence Calculated based on our search observations.

House 6 Beds 3 Baths 3 Cars 1017 m²

Listed: 31st Jul 2026

Updated: 12 hours ago

Overview

This unique property offers an exceptional opportunity for investors or versatile homeowners, featuring a rare parcel of land of approximately 1,017 square meters within Oakey, Queensland. The site hosts three modern, self-contained units, each comprising two bedrooms, a bathroom, and a garage. This setup provides considerable flexibility, whether one intends to rent out all units for robust rental income or occupy one while leasing the others to assist with mortgage repayments.

Situated just a short drive—approximately 25 to 30 minutes—from Toowoomba CBD, the location combines the appeal of a quiet residential estate with convenient access to essential facilities and infrastructure. The property is close to Oakey Town Centre and Oakey State High School, both within 2 to 3 minutes, alongside the Oakey Train Station only five minutes away. This proximity is appealing for those valuing access to transportation and local amenities.

The estate lies in a peaceful cul-de-sac, providing a tranquil residential ambience, while the presence of new developments nearby indicates promising growth potential. This can be attractive for investors seeking sustainable capital growth over time.

Three modern units, each with 2 bedrooms, 1 bathroom, and 1 garage
High-yield rental opportunity with current tenancy arrangements generating nearly $1,000 per week
Ample parking with three garage spaces and remote garage access
Additional conveniences such as built-in robes and dishwashers enhance daily living comfort

The combination of multiple income streams, a spacious land holding, and convenient location creates strong appeal for a range of buyers. Investors will appreciate the steady yield and the property's adaptability, while families or downsizers seeking separate living arrangements or a mortgage helper may find the configuration advantageous. Overall, this property stands out for its income potential, location benefits, and flexible living options in the established and steadily developing Oakey community.

Local Market Insights

In Oakey, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 14 during the previous 30-day period, with an average advertised asking price of $744,050. The property type mix of listed properties is predominantly Houses at 83%, followed by land (17%). The most active agency for houses in the Oakey area is currently Ray White, representing 40% of new listings, followed by NGU Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.