Suburb Profile Report for Wishart QLD (4122)

Wishart House: Median price $726,800, Annual capital growth 6.73%, Number of sales 129, Weekly median advertised rent $510

Wishart Unit: Median price $412,500, Annual capital growth 4.34%, Number of sales 50, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Wishart is in the TOP 30% in QLD when comparing median price capital growth over the last year. Wishart gave property investors a good capital gain figure when compared to the rest of the state, with 8.64%.

While Wishart,4122 ranked number 271th in QLD for increase in median house value (annualised) increase, it is ranked 88th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wishart, 4122. Typically our figures indicate that -5.89% is being offered, which puts this QLD suburb at 1911th most discounted overall in Australia.

Wishart is 652th on a list of best yielding suburbs for rents in QLD with a 3.65% return

QLD has seen average median house prices change by 0.65% which means that Wishart, 4122 has done well for property investors by showing a capital gain of -3.28% over the last year

Over the longer term, Wishart has seen property prices show investors a 14.58% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Wishart are currently offering property investors an average price cut of -3.85% below the asking price at the moment.

Residents and property investors in Wishart have been waiting around 47.59 days to sell a property.

Wishart, 4122’s gross rental yield is 5.04%

Information supplied by:




M
O

W
E
Wishart is a good spot to look at picking up an investment property to make the most of its student and young professional crowd, and it’s units and townhouses in this area that score well for affordability.

Full summary

Wishart is a good spot to look at picking up an investment property to make the most of its student and young professional crowd, and it’s units and townhouses in this area that score well for affordability.

“It’s just so central. You can normally pick up a three-bedroom, two-bathroom unit for example, for anywhere from $400-$460,000,” says Hot Property Specialists managing director Liz Wilcox.

Larger units and townhouses are popular, particularly among students looking to club together in shared accommodation.

At Wishart’s median unit price you’re likely to be able to pick up a two-bedroom property in an older complex, but Wilcox suggests that larger, newer units are in higher demand from tenants.

“You’re better off going just above the average and getting the three-bed, two-bath, units or townhouses that are a lot newer and better for depreciation from an investment point of view,” she says.

Close
Metrics i HOUSE UNIT
$726,800 $412,500
1.65% -4.08%
8.64% -3.28%
6.73% 4.34%
$510 $400
129 50
3.65% 5.04%
37.91 47.59

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Wishart QLD
Demographics
Total population 10460
Median household income ($/weekly) 1589
Median age of persons 37
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1460 14.0
    25-34 years 1280 12.2
    35-44 years 1527 14.6
    45-54 years 1460 14.0
    55-64 years 1187 11.3
    Others 3546 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 4418 55.0
    Not Married 3168 39.4
    Defacto Relationship 446 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7067 69.0
    Croatia 185 1.8
    Papua New Guinea 408 4.0
    United Kingdom 376 3.7
    Other 538 5.3
    Others 1665 16.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 273 2.8
    Christianity 7352 74.1
    Hinduism 187 1.9
    Islam 173 1.7
    No Religion 1829 18.4
    Others 112 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 274 8.3
    $1,250-$1,499 271 8.2
    $1,500-$1,999 463 14.0
    $2,000-$2,499 434 13.2
    $2,500-$2,999 364 11.0
    Others 1494 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3363 40.7
    Not in the labour force 2668 32.3
    Employed, worked part-time 1648 20.0
    Employed, away from work 293 3.5
    Unemployed, looking for work 282 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 615 11.6
    Professionals 1405 26.5
    Technicians & trades workers 617 11.6
    Clerical & administrative workers 988 18.6
    Sales 513 9.7
    Others 1165 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 109 3.9
    Infants/Primary 960 34.6
    Secondary 769 27.7
    Technical or Further Educational Institution 171 6.2
    University or other Tertiary Institutions 683 24.6
    Others 81 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8721 85.5
    Semi-detached, row or terrace house, townhouse 1399 13.7
    Flat, unit or apartment 81 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1367 38.2
    Being purchased 1339 37.4
    Rented 825 23.0
    Other tenure type 50 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals