This property is Off Market
With an average age of 28, households expect an average monthly mortgage payment of $1,820 or a weekly rent payment of $450. The average family earns a weekly income of $2,158 with a typical household size of 1.9 and a 96.4% employment rate.
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.
(Country of Birth not stated 4%)
Cannon Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
55 / 100
32 / 100
Industry
38 / 100
32 / 100
Population
34 / 100
40 / 100
House Prices
83 / 100
63 / 100
Jobs
34 / 100
31 / 100
Incidents Trend State Average
Balmoral State High School
Balmoral, QLD, 4171 State 7-12
Norman Park State School
Norman Park, QLD, 4170 State Prep-6
Morningside State School
Morningside, QLD, 4170 State Prep-6
Mayfield State School
Carina, QLD, 4152 State Prep-6
Sts Peter and Paul's School
Bulimba, QLD, 4171 Independent Prep-6
Murarrie State School
Murarrie, QLD, 4172 State Prep-6
Cannon Hill Anglican College
Cannon Hill, QLD, 4170 Independent Prep-12
St Oliver Plunkett School
Cannon Hill, QLD, 4170 Independent Prep-6
Cannon Hill State School
Cannon Hill, QLD, 4170 State Prep-6
Seven Hills State School
Seven Hills, QLD, 4170 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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