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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.

Investors saw the median home price rise to $249,950.

Profits due to an downward trend in home prices in the suburb averaged -1.29% per annum over a 3-year period.

WARWICK now ranks at the 740th 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 low, 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 117.1 days.

In 2016, 280 properties were sold in WARWICK during the past year, making it the 428th 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 $249,950 $250,000
GROWTH REPORT
Median Quarterly -0.81% 0%
Median 12 month -5.68% -5.66%
Median 3 years -3.87% 12.36%
Median 5 years 4.58% 0%
10 years average annual -0.09% -0.04%
Weekly media advert. rent $275 $250
Time on Market 117.1 days 140.1 days
Gross Rental Yield Percent 5.72% 5.2%
demographics (median values)
Total Population
11217
Weekly Household Income
678.2
Household Size
2.40
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