Rabbitohs star Jack Wighton. Picture: Jeremy Ng/Getty Images
South Sydney Rabbitohs star Jack Wighton has sold his longtime Brisbane investment apartment for $650,000.
It is understood that Wighton is redirecting his equity into another new-build investment opportunity.
Wighton bought the Newstead apartment off the plan in 2016, paying $445,000 when he was four years into his 11-year stint at the Canberra Raiders.
McGrath Bulimba agent Sam Battel sold the apartment to an investor within three weeks of its listing last month.
The one-bedroom Ajax apartment was pitched at both owner-occupiers and investors, but marketed as a “high-demand rental opportunity”.
NRL star Jack Wighton sold his Brisbane investment apartment.
The $620 a week rental in place until August next year, so reflecting a 4.96 per cent yield for
the 54 sqm unit that has an open plan living kitchen and dining space, a study area, and a balcony.
PropTrack puts the one bedroom median at $585,000, up 15 per cent over the past year after 105 sales that spent a median 35 days on market.
PropTrack calculates the median yield as 5.1 per cent.
It’s understood Wighton, pictured with partner Monisha Lew Fatt, will reinvest the equity from his Brisbane investment.
Wighton had bought it direct from developer two years before completion. It is set in the $195m complex of four buildings, developed by JGL Properties just a few blocks back from the Brisbane River.
The Bureau Proberts-designed complex has communal facilities including two barbecue zones, an outdoor cinema, a 25-metre lap pool, spa, gym, and sauna.
Wighton retains the home he bought with wife, Monisha Lew-Fatt for $1,135,000 in 2020. The 3.36ha regional NSW estate, just off the Old Federal Highway at Bywong, has a 1970s home with six bedrooms.
The unit had last traded in 2016.
Having grown up in Orange, Wighton, 32, made his debut for the Raiders in 2012. He left after 242 games, and has played 32 games since joining the Rabbitohs.
He has made 11 Origin appearances for the NSW Blues before announcing in 2024 that he would be in representative retirement.
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