Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $250,000, Annual capital growth 2.67%, Number of sales 236, Weekly median advertised rent $260

Warwick Unit: Median price $220,000, Annual capital growth 3.88%, Number of sales 19, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2184th in the list of Australian suburbs ordered by increase in median house value over the last year, Warwick, 4370 is in the BOTTOM 50% with a property value increase of 4.17% recorded in median house prices.

Warwick,4370 was ranked 3225 in Australia by increase in median property value over the quarter.

At number 352th of QLD’s most discounted properties, Warwick is in the middle of the state/territory when listing in order of most discounted to least.

At number 3124 in a list of fastest selling suburbs, Warwick is in the bottom 20% of suburbs in Australia with an average of days on market 118.75 for properties listed there.

The QLD suburb of Warwick, 4370 is in the Southern Downs local government area.

QLD has seen average median house prices change by 1.23% which means that Warwick, 4370 has done well for property investors by showing a capital gain of -4.97% over the last year

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.

Vendor discounting in Warwick is giving property investors an average Vendor Discount of around -9.90%. This puts suburb at number 19th in QLD when ranking the most discounted suburbs.

Situated 121.45km from the CBD, Warwick is one of Southern Downs localities in the postcode 4370.

HOUSE UNIT
$250,000 $220,000
-1.96% -2.22%
4.17% -4.97%
2.67% 3.88%
$260 $245
236 19
5.41% 5.79%
118.75 152.92

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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