5/7 Hood St, Sherwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 93m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
This lovely unit is located in a quiet street, has a spacious open planned living / dining area that opens out to a balcony with suburban views.
The master bedroom is very generous in size and is light and bright with large window and a three door built in wardrobe.
Located on the top floor of this small complex of six units, there is a single lock up garage and internal laundry with storage space.
Located in the heart of Sherwood this apartment is ripe for renovation to suit your style and taste and is a must inspect. Currently a neat, tidy and well sized unit that rents well and would be an ideal first home, a downsizer or is a sold investment.
Features include:
- Double glass sliding doors to east facing balcony
- Air conditioned living area
- Single lock up garage with storage and internal laundry
- Brand new roof installed on building in July 2023
- Well maintained, solid brick complex of 6 apartments
Body Corporate Fees - $773 per quarter
BCC Rates - $450 per quarter
Current lease in place until 5 January 2024 - $360 per week
Can be increased on renewal to $400 - $420 per week
This unit is close to Sherwood Road cafes and shops and Woolworths and a short walk to bus and train. With everything you need within very close reach, this property will tick all the boxes and is priced to sell.
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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