60/409 Wishart Road, Wishart QLD 4122
60/409 Wishart Road, Wishart QLD 4122
3/2/1 townhouse | Mansfield catchment | Larger floorplan | Low-maintenance estate | Bushfire overlay
This townhouse presents a practical family footprint within an established estate on Wishart Road. Its three bedrooms and two bathrooms serve households seeking school-catchment access, particularly to Mansfield State High School, which is a repeated drawcard in the area. The 229 square metre comparable floorplan suggests generous internal and external space for a townhouse, while inclusions such as a deck, ensuite, air conditioning and secure parking elevate everyday comfort. In a suburb where detached houses dominate, this property offers a lower-maintenance alternative without sacrificing location advantages. It suits owner-occupier families, buy-to-hold investors and downsizers who value proximity to retail centres, parks and motorway connections. The complex setting also reduces redevelopment risk, which supports its appeal as a stable long-term purchase.
The bushfire overlay detected on the complex may influence insurance premiums and vegetation management, which buyers should weigh against the property’s lifestyle benefits. Its position on a major road might involve some traffic noise, though this is offset by convenience. Condition and presentation will likely be the strongest price drivers, given the townhouse’s age is not confirmed. The larger-than-average floor area and shared-site context could also support value resilience if the interior is modernised or well maintained.
Detailed Independent Property Report prepared by PropCred Analyst team for 60/409 Wishart Road, Wishart QLD 4122
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Wishart is a mature family suburb within Brisbane’s southside, positioned near the Pacific Motorway and Arrive Wishart plaza. Demand is driven by established households and investor interest, supported by family-oriented school catchments and quick turnover. House prices span $1.04m–$1.508m across sources, with 12-month growth of 9.6%–14.9% and annual compounding around 5%–7%. Houses sell in 19–29 days, but annual sales volume is thin at 25–103, underscoring supply constraints. Rents for houses reach $725–$1,000 weekly, with gross yields near 3%. Units trade infrequently, under five to ten sales annually, limiting stock. Future growth is supported by infrastructure access and ongoing developments; risks centre on affordability at the upper price band and rate sensitivity given moderate transaction volumes.
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PropCred Estimated Value
Comparable Sales: 325 Wishart Rd (detached, 6/3/2) sold $1.155M | Property Price Band: $1.0M–$1.1M | Value Drivers: Mansfield catchment, larger layout, presentation
Bedrooms
3
Bathroom
2
Parking
1
Land
2.89 ha
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