Suburb Profile Report for Warwick QLD (4370)

Warwick House: Median price $265,000, Annual capital growth 1.30%, Number of sales 234, Weekly median advertised rent $270

Warwick Unit: Median price $210,000, Annual capital growth 0.88%, Number of sales 12, Weekly median advertised rent $235

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Warwick have tracked just higher than the QLD average of 2.63% over the last 12 months.

Across a shorter period, Warwick, 4370 has seen a median price increase of 4.13% over the last quarter.

Property buyers and investors in Warwick 4370 should be seeing an average reduction in asking price of around -8.30% . This means that Warwick is holding prices well when compared to other suburbs in QLD.

At number 3421 in a list of fastest selling suburbs, Warwick is in the bottom 10% of suburbs in Australia with an average of days on market 124.89 for properties listed there.

Using the current median advertised rental of $270 and the average annual increase in value of a median property of 1.30%, investors should hope to achieve an overall return of 5.30%

Investment property in Warwick has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.78%

Across a shorter period, Warwick, 4370 has seen a median price increase of -5.62% over the last quarter.

Warwick, 4370’s gross rental yield is 5.82%

Metrics i HOUSE UNIT
$265,000 $210,000
4.13% -5.62%
6.00% -2.78%
1.30% 0.88%
$270 $235
234 12
5.30% 5.82%
124.89 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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