Investment property in Cannonvale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.82%
While Cannonvale,4802 ranked number 184th in QLD for increase in median house value (annualised) increase, it is ranked 560th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Cannonvale is offering property investors an average of -7.16. This rate of discount on properties puts Suburb at number 251th in terms of most discounted suburbs in QLD
Cannonvale is 454th on a list of best yielding suburbs for rents in QLD with a 4.48% return
Investment property in Cannonvale has done 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 -7.84%
Over the longer term, Cannonvale has seen property prices show investors a -9.09% return over the last 3 years. This is an improvement over the last 12 months
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 -8.27% is being offered, which puts this QLD suburb at 168th most discounted overall in Australia.
On average over the past year, suburb has had 6.75 sales per month, which equates to 81 per year.