Located in New South Wales within the Clarence Valley local government area, Sherwood is a sparsely populated locality (postcode 2450). With a population of 68, the suburb has an established demographic with a median age of 43. Households earn a median income of $47K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 most common occupations are community & personal service, machinery operators & drivers, technicians & trades. Employment in the area leans toward agriculture and transport & logistics. The top ancestries reported are Australian, English, Aboriginal Australian.
The current median weekly rent is $600.
The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
On the investment side, Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.