Wishart at a glance
11,763
People
$1,676,500
Median sale
$736/wk
Median rent
2.28%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
QLD › Wishart › Merrick St
6
Bedrooms
4
Bathrooms
5
Car spaces
883 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Wishart (last 5 years) with land size have a median of $2,322/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
Wishart at a glance
11,763
People
$1,676,500
Median sale
$736/wk
Median rent
2.28%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $736/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Wishart at a glance
11,763
People
$1,676,500
Median sale
$736/wk
Median rent
2.28%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt Gravatt3 MERRICK STREET, WISHART PRESENTS AN INCREDIBLY RARE OPPORTUNITY TO SECURE A ONE OF A KIND PIECE OF REAL ESTATE WITH ENDLESS POTENTIAL. THE CURRENT OWNERS ARE NOW OUT OF TIME AND MUST SELL THIS HUGE 6 BEDROOMS RESIDANCE ON A 883M2 WITH SUBDIVISION POTENTIAL(STCA)*. THIS PROPERTY WILL BE SOLD ON OR BEFORE THE FORTHCOMING AUCTION ON 27/08/2025*
Auction via In-Room and Online: 27/08/2025 from 6:00pm, if not sold prior*
Auction Location: Ray White Mount Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)
Set on an impressive 883m² elevated block at the end of a quiet, family-friendly cul-de-sac, 3 Merrick Street, Wishart offers a rare and exciting opportunity to secure a substantial three-storey brick residence in one of Brisbane's most desirable school zones. Whether you're seeking a forever home with room to grow, space for extended family, or a savvy investment with development potential, this versatile property is packed with possibility.
This generously proportioned home boasts six oversized bedrooms and four bathrooms, including a private master suite with ensuite, making it perfectly suited to large families or those wanting to accommodate multiple generations under one roof. Recently refreshed throughout, the home features brand new carpet, a complete interior repaint, and ducted air conditioning, ensuring comfort and style from the moment you move in.
Thoughtfully designed to suit a wide range of living arrangements, the floorplan spans three expansive levels, providing multiple living zones that can easily be adapted for entertaining, study, working from home, or simply relaxing in peace and privacy. From quiet corners for unwinding to large open areas ideal for family gatherings, there's space here for everyone.
Practicality continues outside with parking for up to six vehicles, ideal for tradies, hobbyists, or families with a boat, trailer, or multiple cars. Additionally, the subdivision potential (subject to council approval) presents a valuable opportunity to split the lot into two separate titles-perfect for developers or those thinking ahead to the future.
Positioned within the highly regarded Wishart State School and Mansfield State High School catchments, this home also offers easy access to an abundance of lifestyle amenities. You'll be just minutes from Westfield Garden City, local parks, buses, quality schools, and major arterial roads, making day-to-day life both convenient and connected.
Property Highlights:
• Substantial three-storey brick home on a private 883m² elevated block
• 6 generously sized bedrooms, including a spacious master with ensuite
• 4 bathrooms in total, catering comfortably to large families
• Freshly painted interiors and brand new carpet throughout
• Ducted air conditioning for year-round climate control
• Multiple living areas spread across three thoughtfully planned levels
• 6-car accommodation with plenty of space for workshop or storage
• Potential to subdivide the block (subject to council approval)
• Located in the Wishart State School & Mansfield State High School catchments
• Close to Westfield Garden City, transport, parks, and major roads
• 700 m to Wishart Community Park ^
• 1 km to Wishart State Primary School^
• 2.8 km to Citipointe College^
• 1.45 km to Mansfield High School^
• 1.8 km to Westfield Garden City^
• 1.15 km to Wishart Shopping Village^
• 12.2 km to Brisbane CBD^
Homes of this size, flexibility, and future potential are rarely offered to the market in such a premium location. Don't miss your chance to secure an exceptional piece of Wishart real estate
*Subject to council approval
PARKING FOR OUR IN-ROOM AUCTIONS:
• Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road
• Central Fair Shopping Centre (entrance via Creek Road, after the bus stop)
• Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc
This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Listing description written by Grant Boman, Ray White Mt Gravatt — reproduced as published, not verified by Districts.