2/552 Oxley Rd, Sherwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 85m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Sherwood in the last 12 months.
Tucked away at the rear of a boutique complex of only four, this ground-floor, single-level apartment is a great first home or a felicitous addition to an investment portfolio, realising an excellent rental yield of $380 - $400 per week.
With a neutral colour palette throughout and an outdoor courtyard on the title, this neat two-bedroom dwelling is the perfect first step onto the property ladder with scope to update and add value.
Enter through the front gate into a private, north-facing courtyard ideal for sipping your morning coffee and unwinding at the end of the day. An open-plan living and dining area, with a ceiling fan, flows through to the kitchen comprising an electric, under-bench oven, a four-burner ceramic cooktop and a pantry cupboard.
The bedrooms are well-sized, each with built-in robes and ceiling fans, and are serviced by an original bathroom with a bath/shower combo. An internal laundry opens out to a drying area.
For young couples with a toddler, there is lots of space at the rear of the complex where you can kick a ball or set up a wading pool on a hot summer's day. The apartment also has security screens and a lock-up garage.
Located approximately 9km to Brisbane CBD, the home is within walking distance of bus transport and Sherwood State School. Easy proximity to Sherwood Station and Sherwood Village and local restaurants.
Sherwood is also home to the iconic Sherwood Arboretum, a 15-hectare riverside park with large grassy spaces, shade and a boardwalk along the river's edge. Facilities include parking, children's playground, picnic areas and barbecues.
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 3,087 properties. Over the last 5 years, Houses in Sherwood have seen a 77.18% increase in median value, while Units have seen a 75.74% increase. As at 31 August 2024:
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