The Mount Sheridan Movement 2025

THE MOUNT SHERIDAN MOVEMENT 2025

THE YEAR OF MOMENTUM & MILESTONES

Yearly Property Report:

January - December 2025

Brought to you by your suburb’s best-selling agent, Matthew Filip

YOUR LOCAL PROPERTY UPDATE

Welcome to my 2025 Mount Sheridan Market Report. Inside this booklet, I capture the best moments of the year including the latest sales statistics, strong buyer activity, massive market maturity, and record-breaking results that shaped what was a very successful and fast-paced year for Mount Sheridan. With buyer demand remaining very competitive and property prices soaring to new heights, the big question is — could your property be next?

It’s no secret that the market movement in Mount Sheridan experienced exceptional growth.

Sellers were celebrating while buyers were left with less opportunity and more intense competition. Hesitation

Proudly brought to you by Matthew Filip, Agent of the Year for Mount Sheridan REAL RESULTS FROM YOUR LOCAL EXPERT

ended up costing more than negotiation as residential values rose remarkably. Around 200 properties were sold throughout the year and the average days on market was seriously sliced.

For myself, I am very proud and humble to have been responsible for around 104 sales in 2025 with my average days on market totalling just 7 days until sold. Boasting significant Southside market share and over 11 years of experience in real estate, no one understands the Mount Sheridan market quite like I do.

The numbers speak for themselves. The median house value surged by an impressive 17.3% in just 12 months, bringing the median price to $750,329.

This marks the third consecutive year of double-digit growth. What will 2026 bring? Will we see another year of strong growth? Only time will tell.

At the Twomey Schriber Property Group End-of-Year Awards, I was honoured to receive two major accolades: Highest Selling Million Dollar Agent achieving $1.5 - $2million in sales commission, and the Lifetime Membership Award for over 10 years of service at Twomey Schriber (pictured).

I am extremely grateful for the continued support of my clients and sincerely appreciate everyone who has been part of this journey — my team, our principals, and, of course, my wonderful family. I am proud of what we achieved in 2025 and am excited for what 2026 will bring.

If you’re considering selling, upgrading, buying, or investing, this report will provide valuable insight into the strength of the Mount Sheridan market — and why now may be your time to make a move with Matthew Filip.

Matthew Filip

0437 543 420

matthew@tspropertygroup.com.au

WHAT’S YOUR HOME WORTH IN 2026?

With Mount Sheridan values rising, your property could be worth more than you realise. Knowing your updated value can help you:

• Ensure your insurance is accurate

• Unlock equity for loans, renovations or investments

• Enhance your home’s value the right way

• Make smarter financial decisions

With 11 years of local experience, I can provide a professional, evidence-based opinion to help you plan ahead, especially if you’re considering a move within the next five years.

MOUNT SHERIDAN

SALES ACTIVITY (HOUSES)

The Mount Sheridan property market has delivered a strong performance in 2025, with 208 properties sold across the suburb, including 200 houses, 3 units and 5 vacant land sales. Sale prices ranged from $175,000 through to a standout $1.5 million result, reflecting broad buyer demand across multiple price points.

House values have continued their upward trajectory, with the median house price now sitting at $750,329. This represents impressive annual growth of 17.3%, while five-year growth has reached an outstanding 89.5%, highlighting just how significantly the suburb has strengthened over time. Sales activity has seen a slight increase, with 189 house sales recorded over the current rolling 12-month period.

NEW MARKET STATS (HOUSES)

11

Median sale days on market

Average length of ownership

$650pw

Median asking rent 11.7 years

SALES & GROWTH CHART (HOUSES)

Market conditions remain highly competitive, with a median of just 11 days on market, demonstrating strong buyer urgency and well-priced properties attracting quick results. The average length of ownership sits at 11.7 years, showing that once buyers secure a home in Mount Sheridan, they tend to hold onto it.

From an investment perspective, the median asking rent of $650 per week further reinforces the suburb’s appeal, offering solid rental returns alongside strong capital growth. Overall, Mount Sheridan continues to stand out as a high-demand, growth-driven market within the Cairns Region.

MATTHEW FILIP’S 2025 MOUNT SHERIDAN SALES

These record sales highlight what’s possible when local knowledge, targeted marketing, and strong negotiation come together. Thinking of selling in your street? Let’s talk about achieving a standout result.

27-29 Benjamina Street

Sold by Matt for $975,000

Attributes: 5 Bed, 3 Bath, 2 Car, Pool Land size: 728m²

• 16 enquiries

• 29 buyer inspections

• Sold for $25,000 over asking

6 Pascoe Close

Sold by Matt for $770,000

Attributes: 4 Bed, 2 Bath, 2 Car

Land size: 500m²

• 30 enquiries

• 24 buyer inspections

• 6 days on market

• Sold for $60,000 over asking

31 Foxtail Street

Sold by Matt for $780,500

Attributes: 4 Bed, 2 Bath, 2 Car Land size: 672m²

• 14 enquiries

• 16 buyer inspections

• 6 days on market

• 3 offers

Multiple Offers

66 ENQUIRIES. 21 OFFERS. ONE OUTSTANDING SALE.

14 FIFE CLOSE, MOUNT SHERIDAN

Advertised as Offers Over $610,000

Sold by Matt Filip for $720,000 ($110,000 over owners expectation and asking price)

Attributes: 3 Bed, 1 Bath, 3 Car

Land size: 704m²

• 66 enquiries in just 8 days on market

• 27 buyer inspections

• 21 offers

Considering selling? Exceptional buyer demand means you could secure a sale without advertising. Let’s talk about your options today.

Multiple Offers

STANDOUT SALES

Multiple Offers

36 Verbena Drive

20 ENQUIRIES & 4 DAYS ON MARKET

Asking price: Offers over $690,000

Sold: $750,000 ($60,000 over asking)

Attributes: 3 Bed, 1 Bath, 3 Car, Pool

Land size: 751m²

18 Verbena Drive

17 ENQUIRIES & 6 DAYS ON MARKET

Asking price: Offers over $690,000

Sold: $745,000 ($55,000 over asking)

Attributes: 4 Bed, 2 Bath, 2 Car

Land size: 779m²

16 Cygnet Close

16 ENQUIRIES & 7 DAYS ON MARKET

Asking price: Offers over $750,000

Sold: $815,000 ($65,000 over asking)

Attributes: 4 Bed, 2 Bath, 2 Car

Land size: 716m²

34 Alpinia Terrace

6 ENQUIRIES & 13 INSPECTIONS

Asking price: Offers over $650,000

Sold: $687,000 ($37,000 over asking)

Attributes: 3 Bed, 1 Bath, 2 Car

Land size: 326m²

CLIENT TESTIMONIALS

So many clients choose Matthew Filip to guide their property journey. Here are just a few reasons why:

“Excellent and very passionate overall with his work. Matthew was extremely knowledgeable with the local market trends in Mount Sheridan and a pleasure to deal with. He kept us updated constantly and was very professional and experienced in his field. We were very happy and delighted to have Matt as our agent.”

Michael & Debbie

Foxtail Street, Mount Sheridan

“Matt was absolutely outstanding from start to finish. He went above and beyond in every aspect of selling my home and made the entire process feel smooth, supported, and stress-free. His enthusiasm and high energy are infectious, yet he remains incredibly professional, knowledgeable, and focused on achieving the best possible outcome. Communication was excellent, and I always felt confident that my sale was in the best hands. I would highly recommend Matt to anyone looking to sell — you won’t find a more dedicated or hardworking agent.”

Pascoe Close, Mount Sheridan

Wendy

Sales Statistics: January - December 2025 Properties sold

552 $369.5m

16

18,491

4,409

7,628

17

Value of properties sold

Median days on market