Suburb Profile Report for Warana QLD (4575)

Warana House: Median price $570,000, Annual capital growth 3.64%, Number of sales 57, Weekly median advertised rent $458

Warana Unit: Median price $345,000, Annual capital growth 1.45%, Number of sales 66, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Warana has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.59%

A 28.81% growth in median value for property investors in Warana,4575 puts this suburb at number 191th in terms of best performing suburbs in QLD

Vendor discounting in Warana is giving property investors an average Vendor Discount of around -3.50%. This puts suburb at number 792th in QLD when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $5490 per annum or $457.5 every week.

Investment property in Warana has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.47%

Comparing Warana,4575 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.79% offered to property buyers. Sellers in Warana itself are offering an average vendor discount of -3.58% to real estate investors.

Often selling an investment property can take time, and in Warana the average time real estate has been on the market is 66.1 days.

Warana, 4575’s gross rental yield is 5.43%

HOUSE UNIT
$570,000 $345,000
2.52% -4.17%
4.59% 1.47%
3.64% 1.45%
$458 $360
57 66
4.17% 5.43%
60.15 66.1

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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Recent sales & rentals