Suburb Profile Report for Sherwood QLD (4075)

Sherwood House: Median price $967,500, Annual capital growth 2.78%, Number of sales 60, Weekly median advertised rent $588

Sherwood Unit: Median price $442,000, Annual capital growth -0.12%, Number of sales 75, Weekly median advertised rent $410

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Sherwood, 4075 have given investors a capital gain of 11.21%. This compares very favourably with the 1.66% for QLD as a whole.

Over the longer term, Sherwood has seen property prices show investors a 7.38% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Sherwood is offering property investors an average of -6.74. This rate of discount on properties puts Suburb at number 140th in terms of most discounted suburbs in QLD

Situated 8.33km from the CBD, Sherwood is one of Brisbane (C) localities in the postcode 4075.

With a capital gain of 3.39% for the last 12 months, Sherwood, 4075 has performed for property investments than its average annual -0.12% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Sherwood has given property investors a paper return of 7.80%. This puts Suburb as 30 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Sherwood is giving property investors an average Vendor Discount of around -4.29%. This puts suburb at number 195th in QLD when ranking the most discounted suburbs.

In the last year 75 properties changed hands in Sherwood, which puts it as the 82th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Sherwood being $442000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.82%

Metrics i HOUSE UNIT
$967,500 $442,000
2.65% 7.80%
11.21% 3.39%
2.78% -0.12%
$588 $410
60 75
3.16% 4.82%
87.75 84.1153846153846

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (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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