Suburb Profile Report for Sherwood QLD (4075)

Sherwood House: Median price $1,120,000, Annual capital growth 4.27%, Number of sales 85, Weekly median advertised rent $550

Sherwood Unit: Median price $407,500, Annual capital growth 0.26%, Number of sales 86, Weekly median advertised rent $410

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 12.16% which means that Sherwood, 4075 has done well for property investors by showing a capital gain of 7.95% over the last year

While Sherwood,4075 ranked number 115th in QLD for increase in median house value (annualised) increase, it is ranked 257th over the last 5 years.

Sellers are offering property buyers an average discount of -4.82% to buyers in Sherwood at the moment, which is less than average for the rest of QLD.

Advertised rents are around the $550 mark per week – giving a return of 2.55% based on the median price in Suburb

With a capital gain of -0.61% for the last 12 months, Sherwood, 4075 has performed for property investments than its average annual 0.26% property growth over the last 5 years.

Across a shorter period, Sherwood, 4075 has seen a median price increase of 1.88% over the last quarter.

Sherwood, 4075 is offering QLD ‘s 104th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

With the median price for a house in Sherwood being $407500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 5.23%

Metrics i HOUSE UNIT
$1,120,000 $407,500
9.27% 1.88%
7.95% -0.61%
4.27% 0.26%
$550 $410
85 86
2.55% 5.23%
53.9782608695652 45.7307692307692

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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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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