Located in New South Wales within the Kempsey local government area, Sherwood is a small, quiet locality (postcode 2440). With a population of 145, the suburb has an older demographic with a median age of 55. Households earn a median income of $68K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count.
The current median weekly rent is $460. The median monthly mortgage repayment is $1,820.
Public transport access includes 10 bus stops. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.