SOLD
Sold on 19 Dec 2023 for $425,000

5/17 Mayhew Street
Sherwood QLD 4075

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 68m2
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Property Details for 5/17 Mayhew St, Sherwood

5/17 Mayhew St, Sherwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 68m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Sherwood in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
53m2
Land Size
68m2
Local Government
Brisbane
Lot/Plan
5/SP262558

Last Listing description (July 2022)

This one-bedroom apartment in the attractive suburb of Sherwood is the ideal opportunity for the savvy investor or potentially a first home buyer. The unit has been functionally built and designed for a convenient, quiet and comfortable lifestyle.

The spacious open floor plan has been adorned with modern carpet, European kitchen appliances, excellent storage, and floor-to ceiling glass doors, opening to the private balcony, with suburban views.

The large master bedroom features an expansive built-in wardrobe and air conditioning. The master bathroom has excellent storage and an internal laundry.

From the ideal location to the promising value for money, this apartment boasts a great investment for years to come.

A highlight of the features:

Rented for a total amount of $480/ Week
Spacious open plan living
Internal laundry
Zoned ducted reverse cycle air conditioning
Ceiling fans
Modern kitchen appointed with stylish appliances
Large private balcony with suburban views
Built in 2015
Large internal size
Under NRAS (National rental affordability scheme)
Body Corporate Fees; $3,800/ Year
Council Rates: $430/ Quarter

Location;

350m to Sherwood State School (Prep Year 6 Catchment)
750m to Sherwood Train Station
1.5km to Corinda State High School (Year 7 12 Catchment)
4.2km to Indooroopilly Shopping Centre

Property History for 5/17 Mayhew St, Sherwood, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$425,000
19 Dec 2023
Listed for Rent
$280/w
21 Aug 2017
  • 19 Dec 2023
    Sold for $425,000
  • 09 May 2022
    Sold for $343,000
  • 23 Nov 2021
    Listed for Sale Under Contract
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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 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.