22/62 Coora Street, Wishart QLD 4122
22/62 Coora Street, Wishart QLD 4122
Mansfield catchment townhouse | 3 bed, 2 bath, 2 car | Built 2001 | Park-adjacent complex | Flood overlay flagged
This townhouse is a strong choice for buyers who want the Mansfield school catchment without the upkeep of a large house. The 3-bed, 2-bath layout with two parking spaces suits families or downsizers seeking low-maintenance living. Being in a small complex with a pool and shared amenity adds practical appeal. The 2001 build is solid and typical of the area, and the 124–130 m² lot is easy to manage. Its position near parkland and within walking distance of both primary and high school makes it particularly useful in a market where catchment stock is tightly held. Owner-occupier demand is high, so resale potential is supported by a stable suburb profile. This property serves best as a practical, location-driven purchase rather than a land-banking opportunity.
Value may be affected by the exact position within the complex and orientation, which is not yet confirmed. The flood and bushfire overlays might require further due diligence, as flood-prone pockets can influence lender and insurance decisions. Condition and presentation will be key, since comparable stock in this street has achieved figures around the mid to high $800s or low $900s depending on upgrades. The townhouse form also means price growth is tied to school demand and suburb character more than land content. Buyers should weigh any renovation needs and the level of shared amenity maintenance.
Detailed Independent Property Report prepared by PropCred Analyst team for 22/62 Coora Street, Wishart QLD 4122
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 20/62 Coora Street sold $910K, 35/62 Coora Street sold $895K | Property Price Band: $900K–$1M | Value Drivers: condition, presentation, school catchment
Bedrooms
3
Bathroom
2
Parking
1
Land
71m²
URL has been copied successfully!