At number 3431th in the list of Australian suburbs ordered by increase in median house value over the last year, Sherwood, 4075 is in the BOTTOM 20% with a property value increase of -2.28% recorded in median house prices.
A 30.37% growth in median value for property investors in Sherwood,4075 puts this suburb at number 495th in terms of best performing suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Sherwood itself are offering an average vendor discount of -5.28% to real estate investors.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 2.93%, without taking into account capital value appreciation, which has been averaging out at 4.20%.
With a capital gain of -1.09% for the last 12 months, Sherwood, 4075 has performed for property investments than its average annual 1.95% property growth over the last 5 years.
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.
LACK OF BUYER INTEREST may well be the reason that Sherwood is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 133th in terms of most discounted suburbs in QLD
Property investors should expect to get $400 weekly from the median priced house in this suburb.