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Sherwood suburb profile

Sherwood is a leafy, riverside suburb in Brisbane's western suburbs where established streets give way to parkland along the Brisbane River. The suburb has a compact village feel around Sherwood railway station, with cafés, shops and daily services close by, and reliable rail access on the Ipswich line for commuters. Its character is defined by timber Queenslander cottages and interwar and post-war brick homes on tree-lined blocks, alongside pockets of contemporary infill and a few riverfront properties. The riverside parks, walking paths and quiet residential lanes make it popular with families, commuters and those seeking an established, relaxed neighbourhood.

Sherwood property market performance

Current median dwelling price$1,312,500Past 3 months

Property growth+16.3%Past 12 months

The median house price is $1.805 million, with house values up 10.6% over the last 12 months. The median unit price is $820,000 and unit values rose sharply, up 22.0% over the last 12 months; unit values increased more strongly than house values.

Over the last three months 18 houses and 13 units sold. Houses sold in a median of 26 days over the last 12 months while units sold in a median of 14 days, so units sold faster than houses.

The rental market in Sherwood shows average house rents of $790 a week, up 11.3% over the last 12 months, and average unit rents of $625 a week, up a modest 4.2% over the last 12 months; house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$1.80M$820K
Change in value
Past 12 months
10.6%22.0%
Sold
Past 3 months
1813
Median days on market
Past 12 months
2614
Average rent
Past 12 months
$790$625
Change in rent
Past 12 months
11.3%4.2%

5 year median price trend for houses and units

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Sherwood demographics

A community of 6,082 people with a median age of 38 and a median household income of $2,034 a week, roughly $105,800 a year.

Households are dominated by families: couple families with children are the largest group at 44.8%, and together with couple families without children (39.6%) they make up more than four in five households. There are 733 couple families with children, 648 couple families without children, 221 one-parent families and 34 other families.

Homes in Sherwood are mostly owner-occupied: about 63% are owned (29.2% owned outright and 33.5% owned with a mortgage), while renters make up 37.4%.

Suburbs near Sherwood

Some popular suburbs near Sherwood include:

  • Graceville: Leafy, family-oriented suburb with a village shopping strip and parkland.
  • Corinda: Quiet, residential suburb with tree-lined streets and riverside reserves.
  • Fig Tree Pocket: Spacious, semi-rural riverside suburb with bushland and acreage properties.
  • Chelmer: Heritage-rich riverside suburb with grand older homes and broad avenues.
  • Tennyson: Compact river-adjacent suburb with parkland, green spaces and a relaxed feel.

How does Sherwood compare to nearby suburbs?

  • Median house prices: Sherwood’s median house price is 0.3% higher than Graceville’s.
  • House price growth: Over the past 12 months, house prices in Sherwood have grown 23.1% higher than in Chelmer.
  • Unit price growth: Over the past 12 months, unit prices in Sherwood have grown 5.3% higher than in Graceville.
  • Selling speed for houses: Properties in Sherwood are selling 10.3% faster than in Graceville.
  • Selling speed for units: Properties in Sherwood are selling 12.5% faster than in Corinda.
  • Investment considerations: In Sherwood, the rental yield for house is 10.8% higher than the Brisbane average, while the rental yield for units is 4.7% lower.
  • House price growth: Over the past 12 months, house prices in Sherwood have grown 47.9% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Sherwood have grown 1.9% lower than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Sherwood

Choosing the right real estate agent in Sherwood can have a big impact on your sale. While there are 60 real estate agents working in the suburb, but just 5 of them were responsible for 29.7% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.44% to 3.04%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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