Get a property report and suburb profile for any property in Oxley

Oxley sits in south-west Brisbane around Oxley Road and the Ipswich line station, with Oxley Creek and adjoining parkland giving residents local open space and wetland habitat. The streets are mainly lowset post-war and mid-century family homes, mixed with weatherboard Queenslanders and newer infill townhouses, and daily life centres on local shops, community facilities and reserves. The rail link and nearby arterials make commuting straightforward.

The area is weighted towards families — almost half of households are couple families with children (48.6%) — and owner-occupiers make up 68.7% of homes. The Songbird Oxley revitalisation on the former high school site has added green space, indigenous artwork and a pocket park, and there are plans for a 150-bed aged care facility, an over-50s lifestyle village, a community centre with a café and nature-based playground and walking tracks. Oxley will suit people after an established, residential suburb with good transport links, nearby open space and everyday shops.

Buying a house in Oxley sits at about 10.2 times a typical local annual household income as recorded at the last Census. That comes from the median house price of $1,150,000 divided by a weekly household income of $2,168 (about $112,736 a year), which puts buying well above local incomes on these figures.

Renting looks different: a house rent of $700 a week is about 32.3% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $430 a week is about 19.8%, a modest share. Which measure matters most will depend on whether you plan to rent or buy, and on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Both house and unit values in Oxley rose strongly over the past 12 months, with house values up 19.8% and unit values up 17.1%. Rents also increased, with house rents climbing 6.1% (a solid rise) and unit rents up 4.9% (a modest rise). Overall, houses recorded the larger gains this year on both the capital and rental sides.

For someone weighing Oxley as an investment, the value numbers speak to capital growth for both property types over the year, while the rent numbers show rental income has increased too, more so for houses. Whether that mix suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.