Sherwood is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4075). With a population of 6,082, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sherwood is $1.5 million, having grown strongly 7.9% over the past year. Units have a median price of $605,000 (+17.8% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,197.
Sherwood is served by 1 school, including 1 primary. The average ICSEA score is 1139, which is well above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Sherwood offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +7.9% year-on-year.
Sherwood is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4075). With a population of 6,082, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sherwood is $1.5 million, having grown strongly 7.9% over the past year. Units have a median price of $605,000 (+17.8% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,197.
Sherwood is served by 1 school, including 1 primary. The average ICSEA score is 1139, which is well above the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Sherwood offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +7.9% year-on-year.