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Warwick

Suburb Profile

Warwick - FREE 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.

Investors saw the median home price rise to $270,000.

Profits due to an upward trend in home prices in the suburb averaged 2.67% per annum over a 3-year period.

WARWICK now ranks at the 205th 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 $275 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 87.8 days.

In 2016, 178 properties were sold in WARWICK during the past year, making it the 586th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 $267,250
GROWTH REPORT
Median Quarterly 2.08% 6.05%
Median 12 month -1.73% 21.48%
Median 3 years 8% 12.53%
Median 5 years 1.12% 24.3%
10 years average annual 0.9% 1.49%
Weekly media advert. rent $275 $240
Time on Market 87.8 days 0.0 days
Gross Rental Yield Percent 5.3% 4.67%
demographics (median values)
Total Population
11217
Weekly Household Income
678.2
Household Size
2.40
demographics
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