Suburb Profile Report for Warwick Farm NSW (2170)

Warwick Farm House: Median price $620,000, Annual capital growth 10.29%, Number of sales 17, Weekly median advertised rent $420

Warwick Farm Unit: Median price $387,500, Annual capital growth 8.73%, Number of sales 90, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Warwick Farm, 2170 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -6.98%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warwick Farm has increased when compared to the 5 year average annual rate.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.52%, without taking into account capital value appreciation, which has been averaging out at 10.29%.

Warwick Farm is in the bottom 30% in NSW when comparing median price capital growth over the last year. Warwick Farm gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.13%.

While Warwick Farm,2170 ranked number 441th in NSW for increase in median house value (annualised) increase, it is ranked 93th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Warwick Farm is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 56th in terms of most discounted suburbs in NSW

With the median price for a house in Warwick Farm being $387500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.70%

HOUSE UNIT
$620,000 $387,500
N/A -1.15%
-6.98% -0.13%
10.29% 8.73%
$420 $350
17 90
3.52% 4.70%
N/A 73.26

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4492
Median household income ($/weekly) 716
Median age of persons 35
Median housing loan repayment ($/monthly) 1387
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 511 11.4
    25-34 years 805 17.9
    35-44 years 594 13.2
    45-54 years 638 14.2
    55-64 years 473 10.5
    Others 1472 32.8
    Age Group
    Census Count Percent(%)
    Not Married 1709 54.6
    Registered Married 1280 40.9
    Defacto Relationship 139 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1652 42.2
    Indonesia 328 8.4
    Ireland 163 4.2
    Viet Nam 232 5.9
    Other 518 13.2
    Others 1025 26.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 346 9.0
    Christianity 2298 59.6
    Hinduism 336 8.7
    Islam 445 11.5
    No Religion 312 8.1
    Others 116 3.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 183 12.3
    $400-$599 225 15.1
    $600-$799 196 13.1
    $800-$999 156 10.5
    $1,000-$1,249 146 9.8
    Others 585 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1597 51.0
    Employed, worked full-time 905 28.9
    Employed, worked part-time 320 10.2
    Unemployed, looking for work 216 6.9
    Employed, away from work 96 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 179 13.6
    Technicians & trades workers 248 18.8
    Clerical & administrative workers 170 12.9
    Machinery operators & drivers 179 13.6
    Labourers 253 19.2
    Others 291 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 44 4.7
    Infants/Primary 273 29.3
    Secondary 227 24.3
    Technical or Further Educational Institution 198 21.2
    University or other Tertiary Institutions 147 15.8
    Others 44 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2331 58.7
    Separate house 1419 35.7
    Semi-detached, row or terrace house, townhouse 222 5.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1067 67.7
    Being purchased 293 18.6
    Fully owned 204 13.0
    Other tenure type 11 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals