At number 1760th in the list of Australian suburbs ordered by increase in median house value over the last year, Warwick, 4370 is in the top half with a property value increase of 7.25% recorded in median house prices.
A 7.92% growth in median value for property investors in Warwick,4370 puts this suburb at number 269th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Warwick are currently offering property investors an average price cut of -7.14% below the asking price at the moment.
Often selling an investment property can take time, and in Warwick the average time real estate has been on the market is 100.33 days.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 7.41%.
Giving property investors a a stable capital gain of 10.63% for the last year, Warwick, 4370 is the 476th highest performer in Australia in this respect.
While Warwick,4370 ranked number 15th in QLD for increase in median house value (annualised) increase, it is ranked 201th over the last 5 years.
Property buyers and investors in Warwick 4370 should be seeing an average reduction in asking price of around -5.59% . This means that Warwick is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $235 mark per week – giving a return of 5.00% based on the median price in Suburb