The housing market in Warwick, situated in the Southern Downs region of Queensland, offers a unique blend of affordability and potential for growth. As a regional center, Warwick presents a more affordable option compared to larger Queensland cities like Brisbane or Gold Coast. The median house prices in Warwick have traditionally been lower, making it an attractive option for first-time home buyers and investors looking for long-term opportunities. The market sees a mix of heritage-style homes, reflecting its rich history, as well as more modern developments that accommodate a range of preferences. Recent trends indicate a steady interest in this area, driven by both locals and newcomers seeking the comforts of regional living without relinquishing essential amenities. The community-focused atmosphere, coupled with access to local schools, healthcare facilities, and recreational amenities, enhances Warwick's appeal for families and retirees alike.
Living in Warwick offers a perfect blend of country charm and modern conveniences. Known for its vibrant community and picturesque landscapes, residents enjoy a pace of life that is both relaxed and fulfilling. The town is rich in history, as showcased in enduring landmarks like the Warwick Town Hall, which offer a glimpse into its storied past. The local community is active, hosting events such as the annual Warwick Rodeo and Rose Festival, which attract visitors from near and far and foster a strong sense of community spirit. Outdoor enthusiasts can revel in the proximity to the Great Dividing Range, providing opportunities for hiking, camping, and exploring the natural beauty that surrounds the area. Coupled with a temperate climate, Warwick ensures a lifestyle that many would envy, blending tranquility with the opportunity for adventure and community engagement. The residents value their town for its friendly atmosphere, cultural richness, and the simplicity of life that it offers, all of which contribute to a fulfilling living experience.
Median Weekly Rent | $271.03 |
Median Monthly Mortgage | $1180.91 |
Median Persons Per bed houseroom | 0.72 |
Average Household Size | 2.25 |
Average Age | 43.28 |
Average Income | $609.50 |
Average Cars Per Dwelling | 1.67 |
Average Properties Within 50M | 9 |
Typical 1 bed house | $316,000 |
Typical 2 bed house | $312,000 |
Typical 3 bed house | $373,000 |
Typical 4 bed house | $532,000 |
Typical 5 bed house | $618,000 |
Typical 6 bed+ house | $662,000 |
Housing Stock
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Thinking about buying in Warwick? Now could not be a better time, with 8064 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $407,000 with prices in this suburb ranging from $23,000 to $3,938,000. The aproximate distance to the coast is 130 Km.
In Warwick there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Warwick is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Warwick leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Warwick necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Warwick we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Warwick a better buying opportunity than it may have been in the past.
Instant Property ValuationWarwick Christian College
The SCOTS PGC College
The School of Total Education
Assumption College
St Mary's School
Warwick State High School
Warwick West State School
Glennie Heights State School
Warwick East State School
Warwick Central State School
(While the above schools are located with the suburb of Warwick there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 17.8 | 31.6 | 39.7 | 91.8 | 3.2 | 24.8 |
Feb | 1.6 | 16.8 | 28.9 | 45.0 | 93.3 | 3.2 | 22.8 |
Mar | 3.5 | 16.1 | 28.8 | 44 | 95.3 | 2.5 | 18.5 |
Apr | 0.9 | 11.5 | 25 | 44.4 | 96.3 | 2.3 | 16.9 |
May | 1.1 | 6.8 | 20.8 | 44.7 | 97.1 | 2.1 | 13.6 |
Jun | 0.8 | 5.0 | 18.4 | 47.8 | 96.8 | 2.2 | 12.0 |
Jul | 0.7 | 3.2 | 18.5 | 41.7 | 96.4 | 2.1 | 13.0 |
Aug | 0.8 | 3.4 | 20.8 | 31.7 | 93.5 | 2.5 | 16.1 |
Sept | 0.3 | 6.3 | 24.6 | 27.8 | 91.6 | 2.7 | 20.0 |
Oct | 1.8 | 11.0 | 26.2 | 35.7 | 93.4 | 2.8 | 22.9 |
Nov | 1.5 | 13.8 | 29.5 | 32.0 | 90.5 | 3.2 | 26.5 |
Dec | 2.9 | 16.2 | 30.2 | 38.3 | 92.2 | 3.2 | 26.4 |
source: Australian Government Bureau of Meteorology
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