Suburb Profile Report for Sherwood QLD (4075)

Sherwood House: Median price $942,500, Annual capital growth 3.70%, Number of sales 70, Weekly median advertised rent $560

Sherwood Unit: Median price $406,250, Annual capital growth -0.40%, Number of sales 50, Weekly median advertised rent $405

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Sherwood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.28%

Comparing Sherwood,4075 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 92th of QLD’s most discounted properties, Sherwood is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $560 weekly from the median priced house in this suburb.

QLD has seen average median house prices change by -0.57% which means that Sherwood, 4075 has not done well for property investors by showing a capital gain of -5.52% over the last year

Over the longer term, Sherwood has seen property prices show investors a -12.45% return over the last 3 years. This is an improvement over the last 12 months

Sherwood4075 is located in QLD which offers an average discount of -6.43% to property investors. Sherwood itself is showing figures that indicate -7.89% is the average achievable by property buyers investing in the suburb.

A $405 per week rent on the median house gives suburb investors a gross yield of circa 5.18%, without taking into account capital value appreciation, which has been averaging out at -0.40%.

Metrics i HOUSE UNIT
$942,500 $406,250
5.99% 1.56%
11.28% -5.52%
3.70% -0.40%
$560 $405
70 50
3.09% 5.18%
83.4716981132076 95.2972972972973

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4997
Median household income ($/weekly) 1720
Median age of persons 36
Median housing loan repayment ($/monthly) 2210
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 663 13.3
    25-34 years 722 14.4
    35-44 years 808 16.2
    45-54 years 713 14.3
    55-64 years 529 10.6
    Others 1563 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 1843 50.6
    Not Married 1454 39.9
    Defacto Relationship 348 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3591 76.4
    Indonesia 68 1.4
    Papua New Guinea 145 3.1
    United Kingdom 285 6.1
    Other 179 3.8
    Others 431 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 85 1.9
    Christianity 3111 69.0
    Hinduism 76 1.7
    Islam 37 0.8
    No Religion 1164 25.8
    Others 37 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 193 11.5
    $2,000-$2,499 143 8.5
    $2,500-$2,999 213 12.6
    $3,000-$3,499 171 10.1
    $4,000 or more 140 8.3
    Others 825 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1688 44.6
    Not in the labour force 1044 27.6
    Employed, worked part-time 802 21.2
    Employed, away from work 141 3.7
    Unemployed, looking for work 112 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 347 13.2
    Professionals 1000 38.0
    Technicians & trades workers 213 8.1
    Community & personal service workers 235 8.9
    Clerical & administrative workers 417 15.9
    Others 418 15.9
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.1
    Infants/Primary 444 34.4
    Secondary 278 21.6
    Technical or Further Educational Institution 74 5.7
    University or other Tertiary Institutions 387 30.0
    Others 28 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3490 75.0
    Semi-detached, row or terrace house, townhouse 609 13.1
    Flat, unit or apartment 552 11.9
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 670 36.3
    Being purchased 587 31.8
    Fully owned 580 31.5
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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