SOLD
Sold on 05 Feb 2024 for $1,090,000

116 Park Terrace
Sherwood QLD 4075

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 607m2
Sold By
Cartwright Property Group
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Property Details for 116 Park Tce, Sherwood

116 Park Tce, Sherwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Sherwood in the last 12 months.

Building Type
House
Year Built
1980
Land Size
607m2
Local Government
Brisbane
Lot/Plan
4/RP42912

Last Listing description (March 2024)

A rare offering! Tightly held since 1991, this Queenslander is in original condition and hasnt been touched for many years.

This is a brilliant opportunity now available for the new owner to take this property to the next stage.

Situated on 607m2 parcel of land with a generous frontage, this property is located in one of Sherwoods most desirable streets surrounded by an elegant blend of well-kept traditional homes.

This property will be a wise acquisition in years to come.

Contact agent for details & arrange your viewing.

Disclaimer
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 116 Park Tce, Sherwood, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$1,090,000
05 Feb 2024
Listed for Rent
$355/w
08 Oct 2018
  • 05 Feb 2024
    Sold for $1,090,000
  • 24 Jan 2024
    Listed for Sale UNDER CONTRACT
  • 25 Jan 2023
    Listed for Rent - Price not available
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About Sherwood 4075

The size of Sherwood is approximately 2.4 square kilometres. It has 5 parks covering nearly 12% of total area. The population of Sherwood in 2011 was 4,997 people. By 2016 the population was 5,335 showing a population growth of 6.8% in the area during that time. The predominant age group in Sherwood is 40-49 years. Households in Sherwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sherwood work in a professional occupation. In 2011, 62.3% of the homes in Sherwood were owner-occupied compared with 59.3% in 2016.

Sherwood has 3,062 properties. Over the last 5 years, Houses in Sherwood have seen a 77.55% increase in median value, while Units have seen a 71.11% increase. As at 31 October 2024:

  • The median value for Houses in Sherwood is $1,510,827 while the median value for Units is $687,825.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Sherwood on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Sherwood.

Suburb Insights for Sherwood 4075

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.