Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $260,000, Annual capital growth 3.41%, Number of sales 229, Weekly median advertised rent $260

Warwick Unit: Median price $220,000, Annual capital growth 3.92%, Number of sales 21, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

Warwick has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.33% to date .

The five-year average increase in median property values for Warwick,4370 has given property investors a potential capital gain of 2.36% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Warwick, 4370. Typically our figures indicate that -6.89% is being offered, which puts this QLD suburb at 1271th most discounted overall in Australia.

On average over the past year, suburb has had 19.08 sales per month, which equates to 229 per year.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 3.41%, investors should hope to achieve an overall return of 5.20%

Warwick, 4370 ranked 303th in QLD when comparing growth in median property values or capital gain over the last 12 months. Warwick is one of 2415 in our list for QLD

Warwick,4370 has offered an average of -6.38% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Warwick 4370 should be seeing an average reduction in asking price of around -10.48% . This means that Warwick is holding prices well when compared to other suburbs in QLD.

At number 1443 in a list of fastest selling suburbs, Warwick is in the bottom 10% of suburbs in Australia with an average of days on market 145.68 for properties listed there.

Using the current median advertised rental of $245 and the average annual increase in value of a median property of 3.92%, investors should hope to achieve an overall return of 5.79%

HOUSE UNIT
$260,000 $220,000
4.21% -15.38%
8.33% -6.38%
3.41% 3.92%
$260 $245
229 21
5.20% 5.79%
118.68 145.68

Source: CoreLogic

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