Housing is more value in Warwick than counterparts on the coast.
Housing is more value in Warwick than counterparts on the coast. GLENN HUNT

Stable market in Warwick a big plus for buyers

A SIMPLE flick through the property pages on a Saturday has almost something for all budgets for Rose City house-hunters.

The same can't be said in the big cities however, as rises cause people, including first-home buyers, to be priced out of the market.

Current median prices from realestate.com.au on a three bedroom house in Warwick sit at $240,000, compared to $895,000 in Paddington or $705,000 in Coolangatta.

Warwick Real Estate agent Doug Rickert said those in the market in the Rose City enjoyed value for money on their purchases.

"The market is fairly stable in pricing compared to the capital cities,” he said.

"It has a lot to do with the cost of living here compared to there.

"Warwick still has all the services for the population, and has a lot to offer anybody.

"Some struggle (to live in the city), and it can be hard to buy or rent.

"(The price of) a good brick home out here would only get you something on the lower end of the scale there.”

Mr Rickert said market stability in comparison to other parts of regional Queensland worked in Warwick's favour.

"Prices over the last 10 years haven't seen any big rises or falls,” he said.

"We haven't had the issues of mining, where prices can go high and then come down, which is a good thing.

"Chinchilla, Roma and Miles were in a bad way when trying to sell.

"There is enough land to build on here to deal with an influx or higher demand of people.

"Warwick is a stable area to invest or own, and you're not going to lose money.”

Metropolitan centres across the country haven't just seen a rising trend of increased prices for housing.

Car spaces are hot property in the city, with many spots on the market for five figures, with a report of one ambitious buyer trying to sell a spot in Sydney for $400,000.

In comparison, $400,000 in Warwick could buy you an immaculate four bedroom, three bathroom brick house in Reyburn St.

Or if you like some bang for your buck, it could nab you a two bedroom house in Pratten St, with over $200,000 left to invest in land or a rental property.