Cannonvale, 4802 ranked 520th in QLD when comparing growth in median property values or capital gain over the last 12 months. Cannonvale is one of 2415 in our list for QLD
While Cannonvale,4802 ranked number 293th in QLD for increase in median house value (annualised) increase, it is ranked 557th over the last 5 years.
Our latest figures would indicate that property sellers in Cannonvale are currently offering property investors an average price cut of -8.31% below the asking price at the moment.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Cannonvale has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.50% to date .
The five-year average increase in median property values for Cannonvale,4802 has given property investors a potential capital gain of -6.33% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cannonvale, 4802. Typically our figures indicate that -6.95% is being offered, which puts this QLD suburb at 277th most discounted overall in Australia.
Often selling an investment property can take time, and in Cannonvale the average time real estate has been on the market is 122.8 days.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of -1.22%, investors should hope to achieve an overall return of 5.76%