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 0.12%
If we look at median property appreciation over just the last three months, Cannonvale has given property investors a paper return of 0.00%. This puts Suburb as 485 on a list of fastest fasting appreciating suburbs in QLD
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 -8.45% is being offered, which puts this QLD suburb at 680th most discounted overall in Australia.
Cannonvale is 412th on a list of best yielding suburbs for rents in QLD with a 4.60% return
Property investors who have had real estate in Cannonvale, 4802 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.89%
Across a shorter period, Cannonvale, 4802 has seen a median price increase of -6.87% over the last quarter.
At number 59th of QLD’s most discounted properties, Cannonvale is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Cannonvale have been waiting around 133.78 days to sell a property.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.