At number 2364th in the list of Australian suburbs ordered by increase in median house value over the last year, Sherwood, 4075 is in the BOTTOM 50% with a property value increase of 4.26% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sherwood has increased when compared to the 5 year average annual rate.
Property buyers and investors in Sherwood 4075 should be seeing an average reduction in asking price of around -5.83% . This means that Sherwood is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $490 mark per week – giving a return of 2.82% based on the median price in Suburb
Sherwood has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.54% to date .
Over the longer term, Sherwood has seen property prices show investors a 3.16% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sherwood, 4075. Typically our figures indicate that -5.99% is being offered, which puts this QLD suburb at 474th most discounted overall in Australia.
The QLD suburb of Sherwood, 4075 is in the Brisbane local government area.