23 Junction Street, Sherwood QLD 4075

23 Junction Street, Sherwood QLD 4075
5-bed 3-bath 4-car | Premium inner-west Brisbane | Character-house scale | Family-oriented catchment | Large parking provision A genuinely large family house is presented in a suburb known for its premium detached stock. The five-bedroom, three-bathroom configuration with four car spaces is given a clear edge over typical two-to-four-bedroom character homes. That scale, combined with the established Sherwood setting, is pointed to as suiting owner-occupiers who want room, strong school catchments, and train access. The house is likely placed at the larger end of the suburb’s housing stock, which should be seen as carrying rarity and appeal for families prioritising space and parking without leaving the inner-west. The property’s size and configuration may be seen as affecting value in a market of older, smaller houses. A four-car provision may be seen as appealing, but could be viewed as narrowing the pool if outdoor space is reduced. Condition and finish are likely to be weighed given the premium price point. Renovation needs and street position should be weighed carefully.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Junction Street, Sherwood QLD 4075
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Sherwood, in Brisbane’s inner west, is positioned as a premium family and professional market. Demand is driven by buyers seeking CBD proximity and strong school catchments; units attract investors chasing higher yields. House prices have been relatively flat, with annual growth ranging from 1.55% to 4.8%, while the median sits around $1.7–$1.8 million. Units have outperformed, recording 11.37% to 18.1% annual growth. The market remains tight: vacancy is 0.75%, houses sell in about 22 days, and annual sales volume is modest at roughly 75. Future growth is supported by infrastructure connectivity via Oxley Road and steady rental demand. Key constraints include affordability pressures for first buyers, limited stock, and sensitivity to interest rate changes in the premium segment.
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PropCred Estimated Value

Comparable Sales: 23 Dewar Terrace, Sherwood sold for $1.5M in 2018 | Property Price Band: $1.8M–$1.9M | Value Drivers: land size, condition, location

Bedrooms

5

Bathroom

3

Parking

4

Land

776m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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