Sherwood’s leafy, river-edge streets, good schools and 12 km rail link keep owner-occupiers and downsizers seeking space and low-rise character in steady demand. House values now run about $1.78m with annual growth near 4.3% and units $748k up about 17%, so the past six months have been a slow, steady lift rather than a surge. With most stock post-war and limited new supply – only about 25 approvals a year recently – risks centre on ageing fabric and river-adjacent flood exposure, while buyers focused on renovated large lots can still unlock the suburb’s modest growth runway.