Sherwood (Qld)

Population growth drivers in Sherwood are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Sherwood's population is estimated at 6,688 as of November 2025. This reflects a growth of 606 people since the 2021 Census, which reported a population of 6,082. The change was inferred from AreaSearch estimates based on ERP data released by ABS in June 2024 and additional validated addresses since the Census date. The population density is approximately 2,920 persons per square kilometer, placing it in the upper quartile nationally. Sherwood's growth rate of 10% since the 2021 Census exceeded both its SA4 region (8.5%) and national averages. Overseas migration contributed about 63% to overall population gains recently.

AreaSearch projects future population trends using ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data or years post-2032, Queensland State Government's SA2 area projections from 2023 are used, applying proportional growth weightings based on ABS Greater Capital Region projections for each age cohort. By 2041, the Sherwood (Qld) statistical area is expected to grow by approximately 721 persons, reflecting a total increase of around 9.3% over the period.

Recent residential development output has been above average within Sherwood when compared nationally

AreaSearch analysis of ABS building approval numbers in Sherwood shows around 25 residential properties granted approval annually. Between FY-21 and FY-25, approximately 126 homes were approved, with an additional 8 approved so far in FY-26. On average, each home built over the past five financial years accommodates about 5.3 new residents per year.

This suggests a significant lag between supply and demand, potentially leading to heightened buyer competition and pricing pressures. The average construction value of new properties is around $683,000, indicating a focus on the premium market with high-end developments. In FY-26, there have been approximately $2.2 million in commercial approvals, suggesting minimal commercial development activity. Compared to Greater Brisbane, Sherwood has 12.0% less building activity per person and ranks among the 53rd percentile nationally for areas assessed.

New building activity is evenly split between detached houses (50.0%) and townhouses or apartments (50.0%), reflecting a trend towards denser development that caters to downsizers, investors, and entry-level buyers. With approximately 303 people per dwelling approval, there is room for population growth in the area. According to AreaSearch's latest quarterly estimate, Sherwood is projected to gain 619 residents by 2041. Given current development patterns, new housing supply should meet demand, creating favorable conditions for buyers and potentially facilitating further population growth beyond current projections.

Sherwood has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified four projects expected to impact the region. Major initiatives include Oxley Creek Transformation, Parklands At Sherwood, Cross River Rail - Graceville Station, and Centenary Motorway Bypass. These are detailed below for relevance.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch analysis indicates Sherwood maintains employment conditions that align with national benchmarks

Sherwood's workforce is highly educated with professional services well represented. The unemployment rate stands at 3.4%, as per AreaSearch's aggregation of statistical area data.

As of September 2025, 3694 residents are employed, with an unemployment rate of 0.6% lower than Greater Brisbane's 4.0%. Workforce participation is similar to the regional average (68.6%). Key employment sectors include health care & social assistance, professional & technical services, and education & training. The area specializes in professional & technical jobs, with an employment share 1.6 times the regional level.

Conversely, construction has lower representation at 4.8% compared to the regional average of 9.0%. Local employment opportunities appear limited due to Census data showing fewer working residents than locals. Between September 2024 and 2025, labour force decreased by 3.6%, while employment fell by 2.8%, causing unemployment to drop by 0.8 percentage points. By comparison, Greater Brisbane saw employment growth of 3.8% over the same period. State-level data from November 25 shows Queensland's employment contracted by 0.01% (losing 1210 jobs), with an unemployment rate of 4.2%, closely matching the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 indicate overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Sherwood's employment mix suggests local jobs could increase by 7.1% over five years and 14.4% over ten years, though this is a simple extrapolation for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 shows Sherwood's median income among taxpayers is $66,843. The average income is $91,155. Nationally, this is extremely high compared to Greater Brisbane's median of $58,236 and average of $72,799. Based on Wage Price Index growth of 9.91% since financial year 2023, current estimates for Sherwood would be approximately $73,467 (median) and $100,188 (average) as of September 2025. The 2021 Census shows individual earnings in Sherwood stand out at the 83rd percentile nationally with weekly earnings of $1,057. The earnings profile indicates that 29.3% of residents (1,959 people) earn between $1,500 and $2,999 per week, reflecting regional patterns where 33.3% occupy this range. Notably, 33.3% of Sherwood residents exceed $3,000 weekly, suggesting strong purchasing power within the community. Despite high housing costs consuming 15.5% of income, disposable income in Sherwood ranks at the 68th percentile nationally. The area's SEIFA income ranking places it in the 8th decile.

Sherwood displays a diverse mix of dwelling types, with ownership patterns similar to the broader region

Dwelling structure in Sherwood, as evaluated at the latest Census, comprised 51.6% houses and 48.3% other dwellings. In Brisbane metro, it was 48.9% houses and 51.1% other dwellings. Home ownership in Sherwood was 29.1%, with mortgaged dwellings at 33.4% and rented at 37.5%. The median monthly mortgage repayment in Sherwood was $2,197, higher than Brisbane metro's $2,167. Median weekly rent in Sherwood was $390, compared to Brisbane metro's $410. Nationally, Sherwood's mortgage repayments were significantly higher at $2,197 vs Australia's average of $1,863, and rents were also higher at $390 vs national figure of $375.

Sherwood features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 64.5% of all households, including 29.3% couples with children, 25.4% couples without children, and 8.5% single parent families. Non-family households make up the remaining 35.5%, with lone person households at 31.3% and group households comprising 4.1%. The median household size is 2.3 people, smaller than the Greater Brisbane average of 2.5.

Educational achievement in Sherwood places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Sherwood's educational attainment is notably higher than broader averages. Among residents aged 15 and above, 50.5% hold university qualifications, compared to 25.7% in Queensland (QLD) and 30.4% nationally. This indicates a significant educational advantage for the area. Bachelor degrees are most prevalent at 32.1%, followed by postgraduate qualifications (13.8%) and graduate diplomas (4.6%).

Vocational pathways account for 21.9% of qualifications, with advanced diplomas at 9.8% and certificates at 12.1%. Educational participation is high, with 31.6% of residents currently enrolled in formal education. This includes 9.2% in tertiary education, 8.8% in primary education, and 8.7% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Sherwood has 21 active public transport stops operating currently, offering a mix of train and bus services. These stops are served by 89 different routes in total, which together facilitate 2,761 weekly passenger trips. The accessibility to these transport options is rated as good, with residents generally situated about 207 meters away from the nearest stop.

On average, there are 394 trips per day across all routes, translating to roughly 131 weekly trips per individual stop.

The level of general health in Sherwood is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Sherwood shows better-than-average health results, with both younger and older residents having low rates of common health issues. Around 63% (4,234 people) have private health insurance, higher than Greater Brisbane's 65.8% but close to the national average of 55.7%. Mental health problems affect 8.4% of residents, asthma impacts 7.4%, and 72.7% report no medical conditions, slightly lower than Greater Brisbane's 74.7%.

As of July 20XX (exact year not specified), 18.1% of Sherwood residents are aged 65 or older (1,210 people), higher than Greater Brisbane's 14.4%. Despite this, health outcomes among seniors align with the general population's profile.

The level of cultural diversity witnessed in Sherwood was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Sherwood's population showed above-average linguistic diversity, with 14.8% speaking a language other than English at home and 26.2% born overseas. Christianity was the predominant religion in Sherwood, accounting for 47.3% of its population. Judaism, however, was overrepresented compared to Greater Brisbane, making up 0.3% of Sherwood's population.

The top three ancestry groups were English (27.6%), Australian (22.1%), and Irish (11.1%). Notably, Scottish, Russian, and French ethnicities showed higher representation in Sherwood than regionally: Scottish at 9.9%, Russian at 0.7%, and French also at 0.7%.

Sherwood's population aligns closely with national norms in age terms

Sherwood's median age is 38, which is slightly higher than Greater Brisbane's figure of 36 but equal to Australia's median age of 38. The 75-84 age group makes up 7.6% of Sherwood's population compared to Greater Brisbane, while the 25-34 cohort comprises 13.1%. Between 2021 and now, the 75-84 age group has increased from 5.2% to 7.6%, whereas the 25-34 cohort has decreased from 14.2% to 13.1%. By 2041, demographic projections show that Sherwood's 75-84 age group will grow by 74%, reaching 883 people from its current figure of 508. This growth is largely driven by the aging population dynamic, with those aged 65 and above accounting for 72% of projected growth. Conversely, the 15-24 and 0-4 age cohorts are expected to experience population declines.