Warwick (postcode 4370) is a settled mid-to-large suburb in Queensland within the Southern Downs local government area. With a population of 12,294, the suburb has a mature demographic with a median age of 45. Households earn a median income of $54K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. QLD employment has moved +1.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. QLD also had 35 Commonwealth-backed major projects under construction, 16 underway, and 30 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Warwick has a median house price of $465,000, which has jumped by 18.1% year-on-year. Units have a median price of $310,000 (+7.6% YoY). The current median weekly rent is $465. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,170.
Warwick is served by 10 schools, including 5 primary, 2 secondary, 3 combined. The average ICSEA score is 948, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Southern Downs LGA is moderate at 4,105 incidents per 100,000 population.
From an investment perspective, Warwick shows a gross rental yield of approximately 5.2%, rated as high yield. Property prices sit below the state median ($465K/$1.1M), which can point to relative value. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +18.1% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.