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Sherwood

Real estate profile

Location

8 km south-west of the Brisbane CBD.

Features

Renovated older style homes, Sherwood Forest Park, rail station, proximity to Indooroopilly Shoppingtown

Median Price

REIQ research shows that the median house price in the suburb for the calendar year 2006 was $488,500.

Median Weekly Rent

The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $320. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $240.

Profile

Sherwood is one of Brisbane’s oldest and most beautiful suburbs bounded by some magnificent reaches of the Brisbane River.

Located on the southern side of the Brisbane River only eight kilometres from the Brisbane CBD, Sherwood has benefited from the enormous buyer interest in near and inner city living.

Residents also have easy access to Indooroopilly Shoppingtown and the University of Queensland. Public transport is good; Sherwood has its own railway station central to the suburb.

Like its neighbours, Corinda and Graceville, Sherwood is a leafy quiet residential suburb with some homes located alongside the Brisbane River. One of the city’s older suburbs, Sherwood has fine old Queenslanders and post-war homes and many opportunities for renovation.

There is a thriving small business and commercial centre on one side of the railway line, including a newly constructed Woolworths – there is also good access to nearby retail areas in Graceville and Corinda. The suburb is supported by a number of churches, primary schools, and sporting fields.

Sherwood’s popularity with Brisbane residents is guaranteed by its beautiful older homes and its easy access to the city and other facilities.

According to the 2006 Census there were 4,763 people living in the suburb with a median age of 36. The median individual income was $653 per week. Of all occupied private dwellings 64.1% were either fully owned or being purchased; 31.5% were being rented.

Source: REIQ

REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.

This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.

More Sherwood information

History

Learn about the Aboriginal history, urban development, notable residents and landmarks of the area.

Pocket Neighbourhood Guide

Your neighbourhood at a glance. Discover the secrets of the local area... as well as what makes it special.