OFF MARKET

1-3 Valley Drive
Cannonvale QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 5715m2
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Last updated 11 Nov 2024
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Property Details for 1-3 Valley Dr, Cannonvale

1-3 Valley Dr, Cannonvale is a 0 bedroom, 0 bathroom House. The property has a land size of 5715m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Floor Size
110m2
Land Size
5715m2
Local Government
Whitsunday Regional
Lot/Plan
1/SP285368

Last Listing description (April 2021)

Here is a very rare find indeed - acreage in the middle of Cannonvale. The land is just over 4.5 acres and falls into the low-medium density residential category, allowing a savvy purchaser a number of development opportunities.
The property already has a single dwelling in place - not much to look at from the outside, but very liveable inside and able to acquire a rental return of around $450 per week.
There are current plans to cut the block into 16 multi dwelling lots - however the current developer is no longer moving forward with this and has instead decided to give this opportunity to another...

Property History for 1-3 Valley Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Apr 2019
Listed for Rent
$350/w
07 Jun 2020
  • 27 Jan 2021
    Listed for Sale UNDER CONTRACT
  • 18 May 2020
    Listed for Rent - Price not available
  • 29 Apr 2019
    Sold for $550,000
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About Cannonvale 4802

The size of Cannonvale is approximately 7.2 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Cannonvale in 2011 was 4,885 people. By 2016 the population was 5,716 showing a population growth of 17.0% in the area during that time. The predominant age group in Cannonvale is 30-39 years. Households in Cannonvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannonvale work in a trades occupation. In 2011, 45.7% of the homes in Cannonvale were owner-occupied compared with 48.1% in 2016.

Cannonvale has 4,444 properties. Over the last 5 years, Houses in Cannonvale have seen a 75.66% increase in median value, while Units have seen a 75.97% increase. As at 31 October 2024:

  • The median value for Houses in Cannonvale is $741,929 while the median value for Units is $413,517.
  • Houses have a median rent of $720 while Units have a median rent of $500.
There are currently 50 properties listed for sale, and 34 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 381 properties were sold in the past 12 months in Cannonvale.

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