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%