A major challenge in the design of oxide dispersion strengthened (ODS) FeCrAl alloys is the optimization of the fine-scale particle size distribution that provides both beneficial mechanical properties and irradiation resistance. To address this obstacle, the nucleation, growth, and coarsening of the fine-scale (Y,Al,O) nanoprecipitates within an ODS FeCrAl was studied using atom probe tomography (APT) and small-angle neutron scattering (SANS). Mechanically alloyed Fe-10Cr-6.1Al-0.3Zr+Y2O3 wt.% (CrAZY) powders were heated in-situ from 20-1000°C to capture the nucleation and growth the nanoprecipitates using SANS. Furthermore, CrAZY powders were annealed at 1000°C, 1050°C, and 1100°C at ageing times from 15 min to 500 h followed by either APT or magnetic SANS to study the structure, composition, and coarsening kinetics of the nanoprecipitates. In-situ SANS results indicate nanoprecipitate nucleation and growth at low temperatures (200-600°C). APT results indicate compositions corresponding to the YAG stoichiometry with a possible transition towards the YAP phase for larger precipitates after sufficient thermal ageing. However, magnetic SANS results suggest a defective structure for the nanoprecipitates indicated by deviations of the calculated A-ratio from stochiometric (Y,Al,O) phases. Particle coarsening kinetics follow n=6 power law kinetics, but the mechanism cannot be explained through the dislocation pipe diffusion mechanism. The potential effect of precipitate coarsening during pre-and post-consolidation heat treatments on the irradiation resistance of ODS FeCrAl alloys is discussed with respect to sink strength maximization.