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Cannon Hill
AREA REPORTS

Cannon Hill

Cannon Hill - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4170

house
unit

Property investors enjoyed capital gains of 24.38% over the last 12 months in CANNON HILL, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 5% growth over a ten-year period. It ranks 2049th on our list of suburbs that property investors should look into.

CANNON HILL, 4170 has a capital gain of 24.38% for the past year, which is higher than average compared to its 30.88% growth within a five-year period.

With the median home price in CANNON HILL sitting at $908,000, and the average rent at $550, property owners could potentially earn a 3.15% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CANNON HILL are low, as opposed to average gains per annum over the past five years.

CANNON HILL, 4170 in QLD belongs to the local government area of Brisbane (C).

Data report can be found below

Cannon Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $908,000 $446,000
GROWTH REPORT
Median Quarterly 4.49% -0.78%
Median 12 month 24.38% -0.89%
Median 3 years 22.37% 4.02%
Median 5 years 30.88% -1.98%
10 years average annual 5% -1.26%
Weekly media advert. rent $550 $440
Time on Market 42.3 days 72.3 days
Gross Rental Yield Percent 3.15% 5.13%
demographics (median values)*
Total Population
4080
Weekly Household Income
1074
Household Size
2.40
Age
37
Monthly Loan Repayment
1452
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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