Warwick is in the TOP 30% in QLD when comparing median price capital growth over the last year. Warwick gave property investors a good capital gain figure when compared to the rest of the state, with 9.40%.
Across a shorter period, Warwick, 4370 has seen a median price increase of 2.40% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Warwick is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 286th in terms of most discounted suburbs in QLD
At number 2385 in a list of fastest selling suburbs, Warwick is in the bottom 40% of suburbs in Australia with an average of days on market 97.18 for properties listed there.
With the median price for a house in Warwick being $256000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.08%
Over the last year, property investments in Warwick, 4370 have given investors a capital gain of -9.50%. This compares very badly with the 1.15% for QLD as a whole.
Comparing Warwick,4370 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Warwick is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in QLD
Residents and property investors in Warwick have been waiting around 102.36 days to sell a property.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 6.30%, investors should hope to achieve an overall return of 5.46%