With a capital gain of 4.17% for the last 12 months, Warwick, 4370 has performed for property investments than its average annual 2.70% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warwick has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Warwick is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 376th in terms of most discounted suburbs in QLD
The QLD suburb of Warwick, 4370 is in the Southern Downs local government area.
Over the last year, property investments in Warwick, 4370 have given investors a capital gain of -3.07%. This compares badly with the 0.77% for QLD as a whole.
While Warwick,4370 ranked number 148th in QLD for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.
The most recent median price for Warwick is $221000, with sellers offering an average of -9.72% off the asking price.
Using the current median advertised rental of $245 and the average annual increase in value of a median property of 3.82%, investors should hope to achieve an overall return of 5.76%