Sherwood (Qld)

Sherwood lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, Sherwood's population is estimated at around 6,693, reflecting a 10.0% increase since the 2021 Census which reported a population of 6,082. This growth is inferred from AreaSearch's estimate of 6,600 residents following examination of ABS ERP data release in June 2024 and an additional 79 validated new addresses since the Census date. This results in a population density ratio of 2,922 persons per square kilometer, placing Sherwood in the upper quartile compared to national locations assessed by AreaSearch. The suburb's growth exceeded the SA4 region average (8.3%) and the national average. Overseas migration contributed approximately 63.0% of overall population gains during recent periods, with all drivers including natural growth and interstate migration being positive factors. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted, using proportional growth weightings from ABS Greater Capital Region projections for each age cohort. Future population dynamics anticipate a median increase, with Sherwood expected to grow by 721 persons to 2041, reflecting an overall increase of 9.2% over the 17 years.

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

AreaSearch analysis shows Sherwood had around 24 residential properties approved annually. Between FY-21 and FY-25, approximately 123 homes were granted approval, with a further 7 approved in FY-26. This results in an average of 5.4 new residents per year for every home built over the past five financial years.

However, supply is lagging demand, indicating heightened buyer competition and pricing pressures. The average construction value of new properties is $683,000, suggesting developers focus on the premium market with high-end developments. This year has seen $2.2 million in commercial approvals, indicating minimal commercial development activity. Compared to Greater Brisbane, Sherwood records 15.0% less building activity per person and ranks among the 52nd percentile of areas assessed nationally.

New building activity comprises 48.0% detached houses and 52.0% townhouses or apartments, demonstrating a trend towards denser development that appeals to downsizers, investors, and entry-level buyers. The location has approximately 310 people per dwelling approval, indicating potential for growth. Population forecasts suggest Sherwood will gain 614 residents by 2041. Given current development patterns, new housing supply should readily meet demand, presenting good conditions for buyers and potentially facilitating population growth beyond current projections.

Sherwood has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch identified four projects likely impacting the region: Oxley Creek Transformation, Parklands at Sherwood, Cross River Rail - Graceville Station, and Centenary Motorway Bypass. The following details these key projects in order of relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Sherwood has an educated workforce with professional services well-represented. The unemployment rate is 3.5%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, there are 3,727 employed residents with an unemployment rate of 0.6% below Greater Brisbane's rate of 4.1%. Workforce participation stands at 68.6%, compared to Greater Brisbane's 64.5%. Major employment industries 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.

However, construction shows lower representation at 4.8% versus the regional average of 9.0%. Limited local employment opportunities are indicated by the count of Census working population compared to resident population. In the 12-month period ending Sep-22, labour force decreased by 1.4%, while employment declined by 1.3%, causing unemployment to fall by 0.1 percentage points. By comparison, Greater Brisbane saw employment growth of 4.4% and labour force growth of 4.0%, with unemployment falling 0.4 percentage points. Jobs and Skills Australia's national employment forecasts suggest total employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Sherwood's employment mix indicates local employment should increase by 7.1% over five years and 14.4% over ten years, though these are simple weighted extrapolations for illustrative purposes only and do not account for localized population projections.

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 2022 shows Sherwood's median income among taxpayers is $66,843, with an average of $91,155. Nationally, these figures are extremely high compared to Greater Brisbane's median of $55,645 and average of $70,520. Based on Wage Price Index growth of 13.99% since financial year 2022, current estimates for Sherwood would be approximately $76,194 (median) and $103,908 (average) as of September 2025. According to the 2021 Census, individual earnings in Sherwood stand out at the 83rd percentile nationally ($1,057 weekly). The earnings profile shows that 29.3% of residents (1,961 people) fall within the $1,500 - 2,999 weekly income bracket, reflecting regional patterns where 33.3% similarly occupy this range. Notably, 33.3% of Sherwood residents exceed $3,000 weekly, indicating strong purchasing power in the community. High housing costs consume 15.5% of income, but despite this, disposable income 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

As per the latest Census evaluation in Sherwood, 51.6% of dwellings were houses with the remaining 48.3% being semi-detached, apartments, or other types. In comparison, Brisbane metro had 48.9% houses and 51.1% other dwellings. Home ownership in Sherwood stood at 29.1%, similar to Brisbane metro's level. The rest of the dwellings were either mortgaged (33.4%) or rented (37.5%). The median monthly mortgage repayment in Sherwood was $2,197, higher than Brisbane metro's average of $2,167. Weekly rent figures in Sherwood were recorded at $390 compared to Brisbane metro's $410. Nationally, Sherwood's mortgage repayments exceeded the Australian average of $1,863 and rents surpassed the 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 constitute 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, which is 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+, 50.5% hold university qualifications, surpassing Queensland's 25.7% and Australia's 30.4%. Bachelor degrees are the most common at 32.1%, followed by postgraduate qualifications (13.8%) and graduate diplomas (4.6%). Vocational pathways account for 21.9%, 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. Sherwood State School serves the local area, enrolling 643 students as of a specific date. The school's ICSEA score is 1140, indicating significant socio-educational advantages and academic achievement. There is one school focused exclusively on primary education in Sherwood, with secondary options available in nearby areas. Local school capacity is limited, with 9.6 places per 100 residents compared to the regional average of 26.0, leading many families to travel for schooling.

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

Sherwood has 21 active public transport stops operating, offering a mix of train and bus services. These stops are served by 76 individual routes that collectively facilitate 3,873 weekly passenger trips. The accessibility of these transport services is rated as good, with residents on average located 207 meters from the nearest stop.

The service frequency averages 553 trips per day across all routes, translating to approximately 184 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 demonstrates above-average health outcomes, with both young and old age cohorts experiencing low prevalence of common health conditions. As of 2021, approximately 63% of Sherwood's total population of 4,238 people had private health cover, compared to 66.6% across Greater Brisbane and a national average of 55.3%. The most prevalent medical conditions in the area were mental health issues (8.4%) and asthma (7.4%), while 72.7% of residents declared themselves completely clear of medical ailments, compared to 74.7% across Greater Brisbane.

As of June 2021, Sherwood had 18.1% of its population aged 65 and over (1,211 people), which is higher than the 14.4% in Greater Brisbane. Health outcomes among seniors were above average, broadly aligning with the general population's health profile.

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

Sherwood's cultural diversity was found to be above average, with 14.8% of its population speaking a language other than English at home and 26.2% born overseas. Christianity was the main religion in Sherwood, comprising 47.3% of people. Judaism 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 representation was higher at 9.9%, Russian at 0.7%, and French at 0.7%.

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

Sherwood's median age is 38, slightly higher than Greater Brisbane's 36 but equal to Australia's 38 years. The 75-84 age group comprises 7.6%, a strong representation compared to Greater Brisbane, while the 25-34 cohort stands at 13.1%. From 2021 to present, the 75-84 age group has increased from 5.2% to 7.6% of Sherwood's population. Conversely, the 25-34 cohort has decreased from 14.2% to 13.1%. By 2041, demographic projections indicate significant shifts in Sherwood's age structure. The 75-84 group is expected to grow by 74%, reaching 883 people from the current 508. This growth, along with other age groups 65 and above, will contribute to 72% of projected population growth. Meanwhile, the 15-24 and 0-4 cohorts are projected to experience population declines.