Warwick property market: the official numbers
Warwick, QLD, in official numbers: the people, the rents, the repayments, and the pay cheques behind them. Every figure below is ABS Census 2021 data, linked at the bottom so you can check it yourself.
The straight answer
Warwick rented at a median $265/wk in 2021 — 29% below the national median. The typical rent ($1,148/mo) sat right up against the typical repayment ($1,222/mo). Cashflow territory.
The numbers that matter
The typical repayment ran at about 25% of the median household income. One caveat before you compare: everything here is August 2021. Repayments in particular have jumped since the 2022–24 rate rises. Treat these as a ranking tool, not a price tag.
The rent-or-buy gap
At the census, the typical monthly rent worked out to $1,148 against a typical mortgage repayment of $1,222:
What this gap does and doesn't tell you
The mortgage figure reflects loans and rates as at August 2021, before the 2022–24 rate rises — today's repayment on a new loan would be higher. The rent figure is what tenants were actually paying, not today's asking rents. The useful signal is the shape: where rent and repayments sit close together, buying has historically competed well with renting here; where repayments tower over rent, the market prices in growth. Run your own numbers with the mortgage vs invest tool or what can I afford?
How Warwick houses itself
Renters are 32.3% of Warwick households. If you're buying to let, that's the depth of your market — about the national norm.
Who calls Warwick home
What the age mix means for housing
A heavy 25–44 band usually means family housing demand (and pressure on 3–4 bedroom stock); a heavy 65+ band signals downsizer and retiree demand (units, single-level living, proximity to health care). Warwick's median age of 44 sits above the national median of 38.
What keeps Warwick employed
health care & social assistance employs 15.2% of Warwick's 6,376 workers (Census 2021). Local housing demand rises and falls with it.
Buying costs in QLD, exactly
Current sale prices live behind licensed feeds we won't republish. The costs of buying don't — they're public and exact:
- Stamp duty in Queensland — exact duty and first-home-buyer concessions.
- What can I afford? — borrowing power, price range and all-in upfront cash.
- The official QLD price trend — ABS state-level values since 2011, interactive.
Quick answers
What is the median rent in Warwick?
At the 2021 Census the median rent in Warwick was $265 a week — 29% below the national median ($375/wk). Rents have moved since 2021; check current listings for today's asking rents.
How many people live in Warwick?
15,525 people at the 2021 Census, with a median age of 44 (national median: 38). Warwick is one of Queensland's significant urban areas as defined by the ABS.
What do people in Warwick do for work?
The biggest employing industry is health care & social assistance, followed by retail trade (ABS Census 2021). The industry mix shapes how resilient local housing demand is.
Where this leaves you
Your call
On the census shape, Warwick suits the cashflow buyer: the typical rent ($1,148/mo) sat right up against the typical repayment ($1,222/mo). It's a weaker fit for anyone banking on scarcity to do the work. Size is the catch — at 15,525 people, exits are slow here. Count on months, not weeks, if you ever need to sell.
Everything above is August 2021 — before you act, pull current asking rents, vacancy and listing volumes for Warwick. Then run your own numbers: what can I afford? for borrowing power and upfront cash, and the Queensland stamp duty calculator for the tax bill.
Other QLD markets
Brisbane · Gold Coast - Tweed Heads · Sunshine Coast · Townsville · Cairns · Toowoomba
All cities & hubs: the full directory.
General information only — not financial or property advice. All figures are ABS Census 2021 ( official QuickStats for Warwick, CC-BY 4.0), which predates the 2022–24 rate rises; conditions have moved since. Last reviewed 10 July 2026.