Cannonvale is in the bottom 30% in QLD when comparing median price capital growth over the last year. Cannonvale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.74%.
Taking the average capital gain, or increase in median house value, Cannonvale,4802 has racked up an average of -1.74% over the period. This ranks it number 3529th in the whole country for real estate investors looking at median house price increases.
At number 339th of QLD’s most discounted properties, Cannonvale is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 60 properties changed hands in Cannonvale, which puts it as the 383th most active market in QLD when comparing the number of sales per suburb.
Cannonvale has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 14.58% to date .
While Cannonvale,4802 ranked number 167th in QLD for increase in median house value (annualised) increase, it is ranked 222th over the last 5 years.
Cannonvale4802 is located in QLD which offers an average discount of -5.98% to property investors. Cannonvale itself is showing figures that indicate -7.84% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Cannonvale being $275000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.29%