Living in a house in Sherwood costs about $11,901 a year: council rates, water and sewerage, commute and home insurance combined. Sherwood sits 32.8 kilometres from Coffs Harbour CBD. Unit costs come in at $11,551, as lower council rates more than offset the $1,500 body corporate levy. At 32.8km, the commute dominates running costs. Drivers pay $4,362 more per year than public transport users.
Clarence Valley rates (OLG 2024-25 + IPART 2026-27 peg) · average rate
$1,439
Water & sewerage
Regional NSW estimate
$1,300
Driving commute
ATO 91c/km · 32.8km from Coffs Harbour CBD · 192 days
$6,762
Home insurance
Estimated · flood Low · fire High
$2,400
Body corporate
Estimated
$1,500
Total annual running cost
$11,901
($992/month)
↓ 48% below Clarence Valley average
SuburbCost affordability score ●●●○○6.7/10 Good
Cheaper to run than 98% of Clarence Valley suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost
typical 2-person household
House
$2,774/yr
5,086 kWh
Unit
$2,329/yr
3,815 kWh
Estimated from AER residential benchmarks for Sherwood's climate zone at 2026-27 regulated prices for its electricity network. Get the free report for a breakdown by your exact number of occupants.
Getting around Sherwood
within a 2 km walk
Nearest stop
Glenreagh, 5,266 m away, about a 66 minute walk. It is a train stop.
Supermarkets
0
Cafes
0
Parks
0
Counted from OpenStreetMap via Overpass inside a 2 km walking radius of the suburb centre, built 2026-08-07. Distances are straight line from that centre, so a specific address can be closer or further. Mapping is contributed and can lag a new opening.
Compare Sherwood with another suburb
Nearby: No nearby suburbs with data found
Frequently asked questions about Sherwood
Is it cheaper to drive or take public transport from Sherwood to Coffs Harbour CBD?
Public transport saves Sherwood residents $4,362 per year. Annual commute cost by car is $6,762 versus $2,400 by public transport using the Opal network.
What are the council rates in Sherwood?
Sherwood falls under Clarence Valley Council. The average residential rate for 2026-27 is $1,439 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $1,439 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Sherwood?
Running a unit in Sherwood costs approximately $11,551 per year by car or $7,189 by public transport. This includes council rates of $1,439, water and sewerage $1,300, estimated body corporate levy of $1,500, and contents insurance of $550. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.
Is Sherwood close to public transport?
The nearest scheduled service to the centre of Sherwood is Glenreagh, a train stop about 5,266 m away, about a 66 minute walk. That is measured from the suburb centre, so an individual address can be nearer or further. The commute figure used in the running cost on this page assumes driving, not this service.
What shops and parks are in Sherwood?
Within a 2 km walk of the centre of Sherwood there are 0 supermarkets, 0 cafes and 0 parks. These counts come from OpenStreetMap via Overpass, which is contributed mapping and can lag a recent opening or closure.
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Data sources: Council rates: Clarence Valley rates (OLG 2024-25 + IPART 2026-27 peg). Water: Regional NSW estimate. Commute: ATO cents per kilometre rate 2026–27 (91c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data updated 2026-07. Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.