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QLD › Wishart › Lexington Pl

31 Lexington Pl, Wishart QLD 4122

House

$1,600,000

Last sold

27 Apr 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

705 m²

Land

262 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,600,000 (27 Apr 2024).(Recorded sale)
  • CalculationRecorded House sales in Wishart (last 5 years) with land size: median $2,323/m² of land (n=81). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,600,000

27 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Wishart (last 5 years) with land size have a median of $2,323/m² of land (n=81). 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.

See the full Wishart report →

Vs Wishart

-4.6%

Median sale

Suburb $1,676,500

+0.11 pp

Gross yield

Suburb 2.28%

Suburb median $1,676,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,600,00027 Apr 2024
  2. Listedprice unknowncompleted11 Apr 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wishart in one glance

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.

See the full Wishart report →

Keep researching

  • Why Wishart? Read the area thesis →
  • What else is on the market in Wishart →
  • Other records on Lexington Pl →

Listing material

Listed by McGrath Bayside Manly

Impeccable low-set oasis

AUCTION THIS SATURDAY 27/04 - 11:30am - Mansfield Catchment

Within one of Brisbane's most consistently top-ranking and in-demand high school catchments lies this impeccably presented low-set residence, tucked among a charming cul-de-sac setting. Enveloped by meticulously-tended gardens and the lushest of lawns, it offers exquisite privacy, and an abundance of space to relax and entertain with two open plan living areas that flow seamlessly onto an expansive covered patio and leafy enclosed yard. Constantly updated, refined, and polished, a stunning recently-completed kitchen and flooring upgrade are among its major drawcards, along with its gorgeous garden-view master, complete with a walk-in robe and ensuite. Nestled against a tree-lined parkland backdrop, its peaceful setting sits just steps from 7.03ha of scenic walking trails among Wishart Community Parkland, moments from Garden City, and close to swift motorway links to the CBD.

- Generous family-focused layout with a choice of living options

Read the full description

- Very private, set back from the street behind mature gardens

- Recently upgraded timber-look flooring, roof re-painted

- Intelligent storage, security screens, ceiling fans throughout

- All four bedrooms offer beautiful garden outlooks

- Large master feat. walk-in robe, ensuite

- Main bathroom features separate bathtub and shower

- Updated kitchen feat. modern electric appliances, excellent storage

- Double bay remote lock-up garage with plenty of storage

- Plenty of space to add a pool, with easy access at the rear

- Within sought-after Mansfield State High School catchment

- Easy access Clairvaux MacKillop & Brisbane Adventist Colleges

- Minutes from Westfield Garden City, Wishart Shopping Village

- Easy access to CBD via bus, plus Pacific & Gateway motorway links

The seller reserves the right to sell on or before the auction date at their own discretion without prior notice. No price guides can be given, and the buyer needs to conduct their own research/due diligence to determine a suitable value.

We believe that the information obtained in this advertisement is accurate, however, interested parties should rely upon their own enquiries.

Listing description written by Alec McEwan, McGrath Bayside Manly — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Shed
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.