Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $250,000, Annual capital growth 4.73%, Number of sales 200, Weekly median advertised rent $255

Warwick Unit: Median price $205,000, Annual capital growth 4.74%, Number of sales 22, Weekly median advertised rent $240

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

Can you afford to buy in this suburb? Find out how much you can borrow

  • House Report
  • Unit Report

Property value increases in Warwick have tracked just lower than the QLD average of 3.74% over the last 12 months.

While Warwick,4370 ranked number 738th in QLD for increase in median house value (annualised) increase, it is ranked 437th over the last 5 years.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.16% offered to property buyers. Sellers in Warwick itself are offering an average vendor discount of -7.13% to real estate investors.

In the last year 200 properties changed hands in Warwick, which puts it as the 54th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $255 weekly from the median priced house in this suburb.

Over the last year, property investments in Warwick, 4370 have given investors a capital gain of -16.16%. This compares very badly with the 2.14% for QLD as a whole.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Warwick, 4370. Typically our figures indicate that -4.76% is being offered, which puts this QLD suburb at 770th most discounted overall in Australia.

On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.

With the median price for a house in Warwick being $205000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 6.09%

HOUSE UNIT
$250,000 $205,000
-3.85% N/A
0.00% -16.16%
0.81% -20.54%
1.63% -8.89%
4.73% 4.74%
$255 $240
200 22
5.30% 6.09%
98.38 119.09
Source: RP Data
DSR Score for property investment : Below average (U), Below average (H)
Find a mortgage broker in Warwick QLD
Demographics
Total population 12357
Median household income ($/weekly) 850
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1770 14.3
    25-34 years 1246 10.1
    35-44 years 1417 11.5
    45-54 years 1553 12.6
    55-64 years 1469 11.9
    Others 4902 39.7
    Age Group
    Census Count Percent(%)
    Registered Married 4001 45.8
    Not Married 3726 42.7
    Defacto Relationship 1003 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 10774 92.0
    Papua New Guinea 156 1.3
    Philippines 70 0.6
    United Kingdom 291 2.5
    Other 151 1.3
    Others 275 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 0.4
    Christianity 9210 80.9
    Islam 27 0.2
    Other Religious Groups 39 0.3
    No Religion 2037 17.9
    Others 21 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 414 9.6
    $400-$599 697 16.2
    $600-$799 625 14.5
    $800-$999 516 12.0
    $1,500-$1,999 472 11.0
    Others 1577 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3862 42.0
    Employed, worked full-time 3016 32.8
    Employed, worked part-time 1678 18.3
    Unemployed, looking for work 325 3.5
    Employed, away from work 307 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 619 12.4
    Technicians & trades workers 680 13.6
    Clerical & administrative workers 581 11.6
    Sales 599 12.0
    Labourers 901 18.0
    Others 1617 32.4
    Occupation
    Census Count Percent(%)
    Pre-school 114 4.5
    Infants/Primary 1136 44.8
    Secondary 814 32.1
    Technical or Further Educational Institution 230 9.1
    University or other Tertiary Institutions 193 7.6
    Others 51 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10477 91.8
    Semi-detached, row or terrace house, townhouse 293 2.6
    Flat, unit or apartment 590 5.2
    Caravan, cabin, houseboat 11 0.1
    House or flat attached to a shop, office 39 0.3
    Others 5 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1774 38.0
    Fully owned 1615 34.6
    Being purchased 1239 26.6
    Other tenure type 38 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals