Sherwood has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.03% to date .
While Sherwood,4075 ranked number 556th in QLD for increase in median house value (annualised) increase, it is ranked 170th over the last 5 years.
Property buyers and investors in Sherwood 4075 should be seeing an average reduction in asking price of around -5.86% . This means that Sherwood is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Sherwood the average time real estate has been on the market is 81.82 days.
Using the current median advertised rental of $482.5 and the average annual increase in value of a median property of 5.17%, investors should hope to achieve an overall return of 2.78%
Investment property in Sherwood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.68%
The five-year average increase in median property values for Sherwood,4075 has given property investors a potential capital gain of 7.68% across each of those five years.
The most recent median price for Sherwood is $452250, with sellers offering an average of -6.53% off the asking price.
The QLD suburb of Sherwood, 4075 is in the Brisbane local government area.