Investment property in Cannonvale has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.18%
Across a shorter period, Cannonvale, 4802 has seen a median price increase of -2.82% over the last quarter.
Cannonvale, 4802 is offering QLD ‘s 262th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.
In the last year 72 properties changed hands in Cannonvale, which puts it as the 331th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5100 per annum or $425 every week.
QLD has seen average median house prices change by -0.06% which means that Cannonvale, 4802 has done well for property investors by showing a capital gain of -25.37% over the last year
Cannonvale,4802 was ranked 1669 in Australia by increase in median property value over the quarter.
Property buyers and investors in Cannonvale 4802 should be seeing an average reduction in asking price of around -7.15% . This means that Cannonvale is holding prices well when compared to other suburbs in QLD.
The QLD suburb of Cannonvale, 4802 is in the Whitsunday local government area.