Suburb Profile Report for Warana QLD (4575)

Warana House: Median price $625,000, Annual capital growth 3.45%, Number of sales 55, Weekly median advertised rent $455

Warana Unit: Median price $340,000, Annual capital growth 1.34%, Number of sales 44, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Warana, 4575 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 9.65%.

Warana,4575 was ranked 2977 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Warana is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 720th in terms of most discounted suburbs in QLD

Renters in Suburb are facing rents around $5460 per annum or $455 every week.

QLD has seen average median house prices change by 0.74% which means that Warana, 4575 has done well for property investors by showing a capital gain of -5.56% over the last year

Warana,4575 was ranked 1032 in Australia by increase in median property value over the quarter.

Property buyers and investors in Warana 4575 should be seeing an average reduction in asking price of around -3.36% . This means that Warana is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$625,000 $340,000
-0.40% 0.00%
9.65% -5.56%
3.45% 1.34%
$455 $360
55 44
3.79% 5.51%
63.76 50.54

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3510
Median household income ($/weekly) 933
Median age of persons 40
Median housing loan repayment ($/monthly) 1907
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 387 11.0
    25-34 years 455 13.0
    35-44 years 487 13.9
    45-54 years 416 11.8
    55-64 years 343 9.8
    Others 1423 40.5
    Age Group
    Census Count Percent(%)
    Registered Married 1118 44.7
    Not Married 1061 42.4
    Defacto Relationship 321 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2785 82.8
    Greece 29 0.9
    Papua New Guinea 167 5.0
    United Kingdom 197 5.9
    Other 54 1.6
    Others 131 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.4
    Christianity 2197 68.9
    Hinduism 4 0.1
    Other Religious Groups 15 0.5
    No Religion 925 29.0
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 132 11.1
    $400-$599 176 14.8
    $600-$799 131 11.0
    $800-$999 141 11.9
    $1,500-$1,999 140 11.8
    Others 469 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1088 39.6
    Employed, worked full-time 863 31.4
    Employed, worked part-time 572 20.8
    Unemployed, looking for work 119 4.3
    Employed, away from work 105 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 278 18.1
    Technicians & trades workers 278 18.1
    Clerical & administrative workers 202 13.1
    Sales 183 11.9
    Labourers 189 12.3
    Others 409 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 34 5.2
    Infants/Primary 255 39.1
    Secondary 176 27.0
    Technical or Further Educational Institution 60 9.2
    University or other Tertiary Institutions 94 14.4
    Others 33 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2553 80.1
    Semi-detached, row or terrace house, townhouse 605 19.0
    Flat, unit or apartment 15 0.5
    House or flat attached to a shop, office 13 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 511 38.5
    Fully owned 466 35.1
    Being purchased 337 25.4
    Other tenure type 12 0.9
    Tenure Type
Census 2011, ABS
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