Suburb Profile Report for Cannonvale QLD (4802)

Cannonvale House: Median price $430,000, Annual capital growth -0.72%, Number of sales 56, Weekly median advertised rent $393

Cannonvale Unit: Median price $239,000, Annual capital growth -2.51%, Number of sales 77, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 0.12% for the last 12 months, Cannonvale, 4802 has performed for property investments than its average annual -0.72% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Cannonvale comes in at number 717th in QLD.

At number 172th of QLD’s most discounted properties, Cannonvale is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Cannonvale, 4802’s gross rental yield is 4.75%

Cannonvale has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.89% to date .

While Cannonvale,4802 ranked number 152th in QLD for increase in median house value (annualised) increase, it is ranked 270th over the last 5 years.

At number 62th 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.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of -2.51%, investors should hope to achieve an overall return of 6.09%

Metrics i HOUSE UNIT
$430,000 $239,000
0.00% 0.42%
0.12% -5.89%
-0.72% -2.51%
$393 $280
56 77
4.75% 6.09%
102.6 136.42

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4885
Median household income ($/weekly) 1234
Median age of persons 34
Median housing loan repayment ($/monthly) 2100
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 533 10.9
    25-34 years 999 20.5
    35-44 years 815 16.7
    45-54 years 705 14.4
    55-64 years 507 10.4
    Others 1326 27.1
    Age Group
    Census Count Percent(%)
    Not Married 1300 40.9
    Registered Married 1260 39.7
    Defacto Relationship 616 19.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3333 77.9
    Papua New Guinea 249 5.8
    South Africa 46 1.1
    United Kingdom 301 7.0
    Other 109 2.5
    Others 241 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.6
    Christianity 2552 62.4
    Hinduism 9 0.2
    Other Religious Groups 14 0.3
    No Religion 1436 35.1
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 153 9.9
    $600-$799 171 11.0
    $1,000-$1,249 161 10.4
    $1,500-$1,999 245 15.8
    $2,000-$2,499 156 10.1
    Others 663 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1761 50.4
    Employed, worked part-time 710 20.3
    Not in the labour force 701 20.1
    Unemployed, looking for work 162 4.6
    Employed, away from work 161 4.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 329 12.5
    Professionals 351 13.3
    Technicians & trades workers 463 17.6
    Community & personal service workers 305 11.6
    Labourers 330 12.5
    Others 859 32.6
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.0
    Infants/Primary 351 45.8
    Secondary 175 22.8
    Technical or Further Educational Institution 109 14.2
    University or other Tertiary Institutions 54 7.0
    Others 31 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2495 60.6
    Flat, unit or apartment 1125 27.3
    Semi-detached, row or terrace house, townhouse 432 10.5
    Caravan, cabin, houseboat 59 1.4
    House or flat attached to a shop, office 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 906 52.5
    Being purchased 542 31.4
    Fully owned 272 15.7
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals