Investment property in Sherwood has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.26%
Across a shorter period, Sherwood, 4075 has seen a median price increase of -2.07% over the last quarter.
Property investors looking for a bargain in Sherwood should be aiming for at least -5.25% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Sherwood being $901000 and the advertised rent reaching $477.5 the gross rental yield for property investors calculates out to be 2.76%
At number 1112th in the list of Australian suburbs ordered by increase in median house value over the last year, Sherwood, 4075 is in the BOTTOM 40% with a property value increase of -0.02% recorded in median house prices.
Sherwood,4075 has offered an average of -0.02% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Sherwood is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 5.08 sales per month, which equates to 61 per year.
The QLD suburb of Sherwood, 4075 is in the Brisbane local government area.