47 Malmrose Street, Wishart QLD 4122
47 Malmrose Street, Wishart QLD 4122
5-bed family home with pool and solar | Wishart 721sqm block near top schools | Auction 23 May | Bushfire overlay present
This property offers a rare combination of a substantial five-bedroom layout with a generous 721sqm block in a suburb where 77% of residents are owner-occupiers and the street itself shows 66% long-term tenure. The in-ground pool, solar panels, and water tank reduce ongoing costs and appeal to families wanting efficiency without sacrificing space. Positioned within catchment for Wishart State School and Mansfield State High, both well-regarded, the house serves a buyer who values school access, outdoor living, and a low-turnover neighbourhood. The 211sqm building with 29% site coverage leaves room for future extension or landscaping, while the dual carport and garage suit multiple vehicles.
The bushfire overlay is the primary risk, potentially affecting insurance premiums and requiring compliance with vegetation management, though no flood or heritage restrictions apply. The property last sold in 1990, so depreciation schedules for a buyer may be limited, but solar and pool infrastructure still offer functional value. With only 24 house sales in Wishart this year and a 35% auction clearance rate, competition may be moderate, and the agent’s two-day market presence suggests limited price discovery. For a buyer, this is a hold-and-enjoy property, best suited to a family who will occupy long-term and capitalise on the school zones and stable street character.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 47 Malmrose Street, Wishart QLD 4122
Market Insight:
Wishart is positioned as a high-demand, family-oriented suburb with robust capital growth. Demand is driven by established households seeking quality schools and amenities, evidenced by rapid sales and strong price appreciation. The market demonstrates exceptional momentum with houses transacting swiftly, reflecting intense competition. Future growth is underpinned by rising incomes and sustained buyer interest, though high entry prices and constrained supply present notable affordability and availability challenges.