Property investors enjoyed capital gains of 1.55% over the last 12 months in SHERWOOD, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in SHERWOOD are low, as opposed to average gains per annum over the past five years.
The suburb posted a 25.96% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.
On average, rents on listings have reached the $700 mark, reflecting a 2.22% increase in returns based on the current median price in SHERWOOD.
SHERWOOD, 4075 ranks 886th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 723rd on the list of best yielding suburbs for rental properties in QLD, posting a 2.22% return.
Property investors have seen a 8.25% gain in SHERWOOD based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on SHERWOOD, 4075 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.37%.
Based on its average 5-year and quarterly capital gains SHERWOOD, 4075 saw average growth in the long term.
SHERWOOD, 4075 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $747,500.
Profits due to an upward trend in home prices in SHERWOOD, 4075 averaged 18.85% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in SHERWOOD, 4075 is 4.17%.
An average of 4.92 real estate transactions take place per month in SHERWOOD which translates to 59 per annum.