OFF MARKET

40 Bute Street
Sherwood QLD 4075

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 607m2
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Property Details for 40 Bute St, Sherwood

40 Bute St, Sherwood is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
Unit
Land Size
607m2
Local Government
Brisbane
Lot/Plan
1/RP124394

Last Listing description (March 2013)

Great Investment Opportunity!
This block of 4 x 1 bedroom units on 607m2 of land is ready for you to invest into and get some steady cash flow. At present, it is returning approximately $55,500 per year.

Each unit has one bedroom, one bathroom and a 2 car tandem carport.

Local schools, shops and cafes and Sherwood Train Station are all within approximately 400m and only 10km from the CBD.

Rates are $896.00/quarter and water is $693.00/quarter*.

*These figures are approximate
Additional feature/s - Property condition: Fair Property Type: Block of units Garaging/carparking: Tandem.

Property History for 40 Bute St, Sherwood, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$876,000
19 Mar 2013
Listed for Rent
$280/w
23 Feb 2012
  • 19 Mar 2013
    Sold for $876,000
  • 11 Mar 2013
    Listed for Sale PRICE BY NEG
  • 23 Feb 2012
    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 3,063 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 21 properties listed for sale, and 8 properties listed for rent in Sherwood on OnTheHouse. According to CoreLogic's data, 144 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.