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Warwick
AREA REPORTS

Warwick

Warwick - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4370

house
unit

WARWICK, 4370 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling WARWICK, 4370 values up and netting property investors a capital gain of 17.06% for the past year.

Investors saw the median home price rise to $295,000.

Profits due to an upward trend in home prices in the suburb averaged 3.09% per annum over a 3-year period.

WARWICK now ranks at the 502nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WARWICK are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $300 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WARWICK, homes and units usually stay on listing for an average of 80.5 days.

In 2016, 530 properties were sold in WARWICK during the past year, making it the 211th most active market in QLD based on total real estate transactions.

Data report can be found below

Warwick
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $295,000 $238,500
GROWTH REPORT
Median Quarterly 5.36% -4.6%
Median 12 month 17.06% -4.6%
Median 3 years 9.26% 7.92%
Median 5 years 15.91% 6%
10 years average annual 1.69% -0.24%
Weekly media advert. rent $300 $245
Time on Market 80.5 days 111.5 days
Gross Rental Yield Percent 5.29% 5.34%
demographics (median values)*
Total Population
11217
Weekly Household Income
678.2
Household Size
2.40
Age
38
Monthly Loan Repayment
910
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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