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Oxley suburb profile

Oxley is a well-established suburb located approximately 11km southwest of Brisbane's CBD, known for its leafy streets and community-oriented atmosphere. The suburb offers a mix of traditional Queenslander homes and modern residences, appealing to families and professionals alike. Oxley is well-served by public transport, including a train station that provides easy access to the city. The area boasts several parks, recreational facilities, and a local shopping precinct, contributing to its family-friendly appeal. With its blend of suburban tranquility and urban convenience, Oxley remains a popular choice for those seeking a balanced lifestyle.

Oxley property market performance

Oxley’s property market has experienced significant growth over the past 12 months, with house values increasing by 18.2% and unit values rising by 20.8%. The median house price over the past three months has averaged $967,500, while units have averaged $612,500, indicating strong demand across both property types.

Sales activity has been robust, with 38 houses and 6 units sold in the past three months. Houses are selling quickly, with a median of 22 days on the market, while units are moving even faster at just 12 days, reflecting high buyer interest.

The rental market in Oxley has also seen positive changes, with average rents for houses increasing by 5.5% and units by 4.8% over the last 12 months, suggesting a healthy demand for rental properties in the area.

Median price - houses$915KPast 3 months

Median price - units$613KPast 3 months

Change in value - houses14.7%12 months

Change in value - units19.6%12 months

Houses sold42Past 3 months

Units sold6Past 3 months

Median DOM - houses22Past 12 months

Median DOM - units14Past 12 months

Average rent - houses$670Past 12 months

Average rent - units$550Past 12 months

Change in rent - houses3.1%Past 12 months

Change in rent - units3.8%Past 12 months

Oxley demographics

Oxley, a suburb located in the southwestern part of Brisbane, offers a blend of suburban tranquility and urban convenience. With a population of 9,100 and a median age of 35, Oxley is home to a diverse community that includes young families, professionals, and long-term residents. The suburb's proximity to the Brisbane CBD, combined with its leafy streets and community-oriented atmosphere, makes it an attractive place for those seeking a balanced lifestyle.

The housing landscape in Oxley is characterized by a mix of ownership and rental options. A significant portion of properties, 43.1%, are owned with a mortgage, while 25.6% are owned outright, indicating a stable community with a strong sense of homeownership. Additionally, 31.3% of properties are rented, providing flexibility for those not ready to commit to buying. This mix of housing options caters to a wide range of residents, from young families to professionals and retirees.

Family life is a prominent feature of Oxley, with 48.6% of households being couple families with children, and 34.4% being couple families without children. The presence of one-parent families, making up 15.2% of households, adds to the suburb's diverse family dynamics. The median total household income of $2,168 per week reflects the suburb's middle-class demographic, offering a comfortable standard of living. With its community spirit, convenient location, and variety of housing options, Oxley continues to be a desirable suburb for many Brisbane residents.

Oxley infrastructure, key developments and investment opportunities

Oxley is undergoing several developments that may impact its property market. The $1 billion redevelopment of Oxley Central, including a new Woolworths and 15 specialty shops, is set to revitalize the local shopping precinct. Additionally, a $2.6 million upgrade to Oxley Railway Station and bus interchange is improving public transport accessibility. The Department of Transport and Main Roads is also progressing plans for the Ipswich Motorway upgrade between Rocklea and Darra, which will enhance connectivity for Oxley residents.

Recent park upgrades in Nixon Park and other green spaces are enhancing local amenities. The Brisbane City Council is developing a new neighborhood plan for Oxley to guide future growth. These initiatives, combined with Oxley's proximity to the Brisbane CBD and access to quality schools, are likely to sustain strong demand for properties in the area. However, potential buyers should be aware of flood risks in some parts of the suburb near Oxley Creek and the Brisbane River.

Oxley rental market trends

The rental market in Oxley has experienced moderate growth, with house rents increasing by 5.5% over the past year to $670 per week, while unit rents have risen 4.8% to $550 per week. With its appealing suburban lifestyle and proximity to Brisbane, Oxley continues to attract renters and investors seeking steady returns in a well-connected area.

Suburbs near Oxley

Some popular suburbs near Oxley include:

Common questions about Oxley

  • Is Oxley a nice place to live?

    Oxley is a delightful suburb that offers a charming blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its leafy streets and community-oriented atmosphere, Oxley is a welcoming haven for families and professionals alike. The suburb's vibrant community spirit is complemented by its proximity to Brisbane's CBD, providing residents with easy access to the city's amenities while enjoying the peace of suburban life. With a variety of parks and recreational facilities, Oxley is perfect for those who appreciate outdoor activities and green spaces.

    Families will find Oxley particularly appealing, thanks to its strong sense of community and excellent local amenities, including quality schools and a local shopping precinct. The suburb's housing options cater to a diverse range of residents, from young families to retirees, offering both traditional Queenslander homes and modern residences. Safety is generally not a major concern, contributing to its family-friendly appeal. The ongoing developments, such as the Oxley Central redevelopment and transport upgrades, promise to enhance the suburb's livability even further.

    While Oxley offers many advantages, there are some trade-offs to consider. Parts of the suburb are prone to flooding, particularly near Oxley Creek and the Brisbane River, which potential residents should be mindful of. Additionally, while Oxley provides a peaceful lifestyle, it may not have the same level of nightlife and entertainment options as more central suburbs. However, for those seeking a balanced lifestyle with a strong community feel and easy access to the city, Oxley is a wonderful choice.

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  • Is it expensive to live in Oxley?

    Living in Oxley can be considered moderately expensive, especially when compared to the broader Brisbane area. The current median house price in Oxley is $967,500, which is relatively high, reflecting its appeal and convenient location. For those considering renting, the average rent for houses is $670 per week, while units average $550 per week. These figures suggest that housing costs in Oxley are significant, particularly for individuals or families earning the average wage.

    When we look at the average wage in Oxley, which is approximately $78,000 per year, and compare it to the median total household income weekly of $2,168, it becomes evident that a sizable portion of income would need to be allocated towards housing expenses. This can make it challenging for individuals or families to manage other living costs comfortably. However, Oxley does offer a suburban lifestyle with the benefits of proximity to Brisbane's amenities, which could be a worthwhile trade-off for some.

    Overall, if you're thinking of living in Oxley, it's important to weigh the cost of housing against your financial situation. While it might be more expensive than some outer suburbs, the lifestyle and convenience it offers could justify the expense for those who can afford it.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Oxley a good place to invest?

    Oxley is showing promising signs as a great place to invest, with impressive growth in both house and unit values over the past year. The suburb has experienced an 18.2% increase in median house values and a 20.8% rise in unit values, indicating strong demand and a healthy property market. This kind of growth suggests that Oxley is becoming increasingly popular, likely due to its appealing lifestyle and convenient location.

    In addition to property value growth, rental prices in Oxley have also seen an uptick, with house rents increasing by 5.5% and unit rents by 4.8% over the last 12 months. This steady rise in rental income is a positive sign for investors looking for reliable returns. The combination of rising property values and rental demand makes Oxley an attractive option for those considering real estate investment.

    Overall, Oxley presents a compelling opportunity for investors seeking both capital growth and rental income. Its recent performance in the property market, coupled with its potential for continued growth, makes it a suburb worth considering for investment.

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