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Back 7 Oak Street
Off Market

7 Oak Street

Blackwater QLD 4717

3
1
1
0 m²
708 m²
House
Robert CoxRobert Cox, last sold this property on 14 March 2026 after 23 days on market.

Overview

Investors - Take Note!!

$420/week. Tenant locked in. 12-month lease signed. At offers over $279,000, this three-bedroom home in Blackwater delivers a gross rental yield north of 7.8%. The numbers work from day one. Your tenant is already in place, paying $420 per week on a freshly signed 12-month lease. No vacancy gap. No waiting around for returns to kick in. You settle, and the rent keeps landing. Why Blackwater - Blackwater sits at the centre of Queensland's Bowen Basin coal region. With a population just under 5,000, rental demand stays consistently strong as workers, families, and essential service staff compete for limited housing stock. Properties in mining-adjacent towns like this have historically offered yields that metro investors can only dream about. The Property - This is a straightforward, low-maintenance home with long term tenants who are very happy living there. Three bedrooms, a combined living and dining area, a functional kitchen with new stove and oven, solid bench and storage space, and a separate laundry. Four air-conditioning units keep the place comfortable through Central Queensland summers, which matters when you want tenants to stay long-term and look after the place. A covered carport protects vehicles from the elements, and the 708m² block gives the property breathing room without creating a maintenance headache. The location is practical with Woolworths and the local school both a short walk away, which ticks the convenience boxes that tenants prioritise when choosing where to live. - Purchase price: Offers over $279,000 - Current rent: $420 per week ($21,840/year) - Gross yield: 7.8% - Council rates: $3,356/year (subject to change) - Water rates: $1,328/year (subject to change) - Rental appraisal: $410 to $420 per week - Lease status: 12-month lease in place The Bottom Line - This is a performing asset with a tenant, a lease, and a yield that stacks up on paper and in practice. Properties like this don't sit around forever, especially at this price point. Call Robert Cox on 0422 841777 to arrange a private inspection. Disclaimer: In preparing this information, we have used our best endeavours to ensure that the information contained herein is true and accurate, accept no responsibility, and disclaim all liability regarding any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their enquiries to verify any information contained within. Please note some of the photos have been digital enhanced.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² floor area
708 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Blackwater over the last 12 months, the estimated median property value of 7 Oak Street is $262.5k.

Median value
$262.5k
Estimated value range
$182k - $395k
Median days on market
87
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Blackwater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7 Oak Street

2026
Sold
Undisclosed
14 Mar 2026 by Robert Cox, of @realty - QLD
2023
Rented
Undisclosed
Leased on 20 Jun 2023 by Real Estate Vision Group Emerald
2022
Rented
Undisclosed
Leased on 04 May 2022 by Blackwater Real Estate

Happy sellers in Blackwater

92%
92% of sellers in Blackwater reported that their sale price either exceeded or met their price expectations.

Blackwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Blackwater over the last 12 months.

Local market activity for 3 bedroom houses in Blackwater

In the last 12 months, 71 three-bedroom houses similar to 7 Oak Street, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Blackwater

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Prakash Sharma

Sellers who recommend Prakash Sharma have praised them for being local expert, clear communication, supportive, responsive, reliable, well-prepared and dedicated

  •   5   (262 reviews)
  •  6 Reviews in Blackwater
  •  6 Sales in Blackwater
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Robert Cox

Sellers who recommend Robert Cox have praised them for being clear communication, local expert, honest, reliable, supportive, responsive and dedicated

  •   4.9   (108 reviews)
  •  2 Reviews in Blackwater
  •  1 Sale in Blackwater
View profile
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Wendy Mitchell-Stephenson

Wendy Mitchell-Stephenson is a recommended agent for Blackwater.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   4.8   (20 reviews)
  •  1 Review in Blackwater
  •  6 Sales in Blackwater
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Joy Fernie

Joy Fernie is a recommended agent for Blackwater.  They have 66 local sales across the last 12 months.

  •   4.9   (12 reviews)
  •  66 Sales in Blackwater
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