Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $262,500, Annual capital growth 5.59%, Number of sales 200, Weekly median advertised rent $255

Warwick Unit: Median price $215,000, Annual capital growth 5.27%, Number of sales 16, Weekly median advertised rent $233

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : Balanced (U), Balanced (H)
  • House Report
  • Unit Report

Warwick is an average performer in QLD when comparing median price capital growth over the last year. Warwick gave property investors a average capital gain figure when compared to the rest of the state, with 6.49%.

If we look at median property appreciation over just the last three months, Warwick has given property investors a paper return of 2.14%. This puts Suburb as 265 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Warwick should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2590 in a list of fastest selling suburbs, Warwick is in the bottom 30% of suburbs in Australia with an average of days on market 99.82 for properties listed there.

With the median price for a house in Warwick being $262500 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 5.05%

If you compare the increase in value of investment property in Warwick, 4370 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -13.39%.

The five-year average increase in median property values for Warwick,4370 has given property investors a potential capital gain of -11.98% across each of those five years.

Situated 128.65km from the CBD, Warwick is one of Southern Downs localities in the postcode 4370.

HOUSE UNIT
$262,500 $215,000
2.14% N/A
6.49% -13.39%
4.17% -16.67%
5.00% -11.98%
5.59% 5.27%
$255 $233
200 16
5.05% 5.62%
99.82 N/A
Source: RP Data
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Demographics
Total population 12357
Median household income ($/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
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