Sherwood, a charming suburb in Brisbane, Queensland, has been experiencing a dynamic housing market reflective of broader trends seen across the region. This leafy suburb, known for its family-friendly atmosphere and proximity to the Brisbane River, attracts a diverse range of buyers, from young professionals to retirees. In recent years, Sherwood has seen a steady appreciation in property values, making it an attractive option for both investors and homebuyers. The suburb's mix of classic Queenslanders and modern homes caters to various preferences, ensuring that it appeals to those seeking both character and contemporary living. As demand continues to be strong, partly driven by Sherwood's excellent schools and community facilities, the housing market remains competitive. The influx of buyers who value convenience and lifestyle amenities contributes to the solid performance of the local property market.
Living in Sherwood offers residents a balanced and serene lifestyle with easy access to urban conveniences. The suburb is rich in green spaces, with places like the Sherwood Arboretum providing a peaceful retreat for nature lovers and families. Additionally, Sherwood boasts a vibrant community atmosphere, with regular local markets, community events, and a selection of cozy cafes and eateries. Residents appreciate the suburb's excellent public transport links, including train and bus services, which make commuting to Brisbane's CBD convenient and efficient. Educational facilities are another drawcard, with highly regarded schools like Sherwood State School and nearby St Aidan's Anglican Girls' School providing quality education options. Overall, living in Sherwood offers a harmonious blend of suburban tranquility and accessibility, making it a sought-after location within the Brisbane region.
Median Weekly Rent | $469.40 |
Median Monthly Mortgage | $2379.60 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.65 |
Average Age | 39.25 |
Average Income | $1103.45 |
Average Cars Per Dwelling | 1.67 |
Average Properties Within 50M | 34 |
Typical 1 bed house | $408,000 |
Typical 2 bed house | $632,000 |
Typical 3 bed house | $1,186,000 |
Typical 4 bed house | $1,909,000 |
Typical 5 bed house | $2,513,000 |
Typical 6 bed+ house | $2,559,000 |
Housing Stock
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Thinking about buying in Sherwood? Now could not be a better time, with 4328 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,154,000 with prices in this suburb ranging from $220,000 to $10,188,000. The aproximate distance to the coast is 20 Km.
In Sherwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Sherwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Sherwood leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Sherwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Sherwood the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationSherwood State School
St Joseph's Primary School
St Aidan's Anglican Girls School
Christ the King School
Fig Tree Pocket State School
Graceville State School
Brisbane Montessori School
The Glenleighden School
Corinda State High School
Barrett Adolescent Centre Special School
(While the above schools are located with the suburb of Sherwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 12.4 | 31.0 | 25.9 | 85.8 | 4.1 | 27.1 |
Feb | 0.8 | 12.6 | 30.3 | 28.2 | 87.3 | 4.0 | 23.4 |
Mar | 0.5 | 10.6 | 27.8 | 29.3 | 87.5 | 3.7 | 18.0 |
Apr | 1.4 | 9.0 | 23.2 | 39.8 | 92.6 | 3.7 | 13.9 |
May | 1.3 | 6.8 | 18.4 | 50.5 | 93.8 | 3.5 | 10.3 |
Jun | 1.4 | 5.0 | 15.5 | 58.9 | 94.9 | 3.3 | 8.7 |
Jul | 2.2 | 5.7 | 14.9 | 60.2 | 92.8 | 4.2 | 8.4 |
Aug | 1.4 | 4.1 | 16.2 | 54.8 | 95.6 | 3.7 | 11.8 |
Sept | 1.4 | 5.5 | 18.6 | 48.4 | 95.5 | 4.0 | 15.0 |
Oct | 0.7 | 6.4 | 23.3 | 36.2 | 92.2 | 3.9 | 20.8 |
Nov | 0.8 | 8.8 | 27.3 | 26.0 | 87.9 | 4.2 | 23.8 |
Dec | 1.1 | 10.6 | 28.8 | 26.0 | 87.8 | 4.6 | 28.0 |
source: Australian Government Bureau of Meteorology
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