Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $242,000, Annual capital growth 2.85%, Number of sales 203, Weekly median advertised rent $260

Warwick Unit: Median price $240,000, Annual capital growth 4.55%, Number of sales 17, Weekly median advertised rent $250

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

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  • House Report
  • Unit Report

Over the last year, property investments in Warwick, 4370 have given investors a capital gain of -3.20%. This compares badly with the 2.69% for QLD as a whole.

Warwick,4370 was ranked 1873 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Warwick are currently offering property investors an average price cut of -7.62% below the asking price at the moment.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.59%, without taking into account capital value appreciation, which has been averaging out at 2.85%.

If you compare the increase in value of investment property in Warwick, 4370 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.09%.

Warwick,4370 has offered an average of 10.09% return per annum in house price rises to property investors over the last three years.

Warwick4370 is located in QLD which offers an average discount of -5.55% to property investors. Warwick itself is showing figures that indicate -8.45% is the average achievable by property buyers investing in the suburb.

At number 1439 in a list of fastest selling suburbs, Warwick is in the bottom 10% of suburbs in Australia with an average of days on market 140.5 for properties listed there.

Warwick is 174th on a list of best yielding suburbs for rents in QLD with a 5.42% return

HOUSE UNIT
$242,000 $240,000
1.26% 5.26%
-3.20% 10.09%
2.85% 4.55%
$260 $250
203 17
5.59% 5.42%
112.63 140.5

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Below average (H), Below average (U)
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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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Recent sales & rentals