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Warana
AREA REPORTS

Warana

Warana - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4575

house
unit

A 43.48% increase in median property prices in WARANA, 4575 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 64th.

A steady increase in median property prices over a five-year period in the suburb translates to a 83.33% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,155,000

The augmented property values in the suburb are trailing above the territorial average of 19.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $590.

Home owners selling their properties and realtors in WARANA usually have to wait an average of 26.6 days days before their assets are lifted off the market.

The QLD suburb ranks 693rd on the list of best yielding suburbs for rental properties in QLD, posting a 2.66% return.

It also places places 1007th in Australia based on median property value growth during the quarter.

Data report can be found below

Warana
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,155,000 $507,500
GROWTH REPORT
Median Quarterly -4.94% 11.54%
Median 12 month 43.48% 39.04%
Median 3 years 83.33% 41.56%
Median 5 years 85.24% 42.96%
10 years average annual 10.22% 6.99%
Weekly media advert. rent $590 $430
Time on Market 26.6 days 0.0 days
Gross Rental Yield Percent 2.66% 4.41%
demographics (median values)*
Total Population
3501
Weekly Household Income
745
Household Size
2.40
Age
39
Monthly Loan Repayment
1592
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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