Mortgage Choice
Benny Yu

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Your local Mortgage Broker at Wishart can help you find the more suitable home loan

Wishart is a well-regarded suburb in Brisbane, Australia, known for its family-friendly atmosphere, good schools, and convenient location. Here’s an overview of the property market in Wishart as of recent trends (mid-2024):

1,Property Prices

  • Median House Price: ~$1.1 - $1.5 million (varies based on size, condition, and location within Wishart).
  • Median Unit Price: ~$600,000 - $850,000.
  • Land Values: High demand due to proximity to the city (~12km from Brisbane CBD) and good infrastructure.

2,Market Trends

  • Steady Growth: Wishart has seen consistent price increases over the past decade, benefiting from Brisbane’s overall market rise.
  • High Demand: Popular with families due to quality schools (e.g., Mansfield State High School catchment) and green spaces.
  • Low Vacancy Rates: Rental demand is strong, with yields around 3-4% for houses and 4-5% for units.

3,Key Factors Driving Demand 

  • Education: Part of the highly sought-after Mansfield State High School catchment.
  • Location: Close to Garden City Shopping Centre, Pacific Motorway, and Brisbane CBD
  • Lifestyle: Quiet, leafy streets with parks (e.g., Wishart Community Park) and good amenities.

 4,Future Prospects

  • Infrastructure Projects: Benefits from Brisbane’s ongoing transport upgrades.
  • Limited Land Supply: Being an established suburb, new developments are rare, keeping prices stable. 

 5, Investment Potential

  • Good for long-term growth due to strong demand from families and professionals.
  •  Units and townhouses may offer better rental yields, while houses appreciate more over time.

 6,Comparison to Nearby Suburbs

  • More affordable than Mansfield (which has a higher school-driven premium).
  • Similar in price to Mt Gravatt East, but Wishart is considered slightly more desirable due to better school zones.

At Mortgage Choice in Mt Gravatt & Carindale (used to call Mortgage Choice in Garden City), we would like to help you in any way we can.

Contact us at 0455 021 551 today and let us run a free property report to make your property purchase with more confidence, before you put in an offer.

The report will provide you with property details, estimated value, property sale history and a list of properties recently sold in the area, along with some insights into the suburb of your potential new home.

This will save you time and allow you to search for your home with confidence.


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