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.
Median Weekly Rent | $469.40 |
Median Monthly Mortgage | $2379.60 |
Median Persons Per Bedroom | 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 |
1 Bed  $408,000 |
2 Bed  $632,000 |
3 Bed  $1,186,000 |
4 Bed  $1,909,000 |
5 Bed  $2,513,000 |
6 Bed+$2,559,000 |
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.
Sherwood 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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