Thinking about buying in Cannon Hill? Now could not be a better time, with a whopping 4202 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $755,000 with prices in this suburb ranging from $323,000 to $1,572,000.
Distance to the coast is 7 Km.
Consistent high demand relative to supply is a key feature in Cannon Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cannon Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cannon Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Cannon Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
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UNIT 1, 960 WYNNUM RD, CANNON HILL, QLD, 4170 | 2 | 2 | 1 | For Sale |
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178 BARRACK RD, CANNON HILL, QLD, 4170 | 4 | 2 | 1 | Offers Over $990,000 |
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4A CANNONDALE ST, CANNON HILL, QLD, 4170 | 4 | 2 | 1 | Offers Over $995K |
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19 SHELLEY ST, CANNON HILL, QLD, 4170 | 3 | 2 | 1 | Sold for $1,050,000 |
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17 DAHLIA ST, CANNON HILL, QLD, 4170 | 3 | 1 | 3 | Under Contract |
Cannon Hill State School
St Oliver Plunkett School
Cannon Hill Anglican College
(While the above schools are located with the suburb of Cannon Hill there may also be nearby schools whose catchments cover this suburb) (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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