OFF MARKET

10/28 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 80m2
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Property Details for 10/28 Island Dr, Cannonvale

10/28 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 80m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last transferred in August 2019.

Building Type
Unit
Year Built
1999
Floor Size
64m2
Land Size
80m2
Local Government
Whitsunday Regional
Lot/Plan
10/BUP70834

Last Listing description (April 2021)

Great opportunity to stop paying rent and own your own piece of Whitsundays Real Estate. The Mews units are a well-maintained group within walking distance to public transport, shops, Marinas and Cannonvale Primary School.

The unit has 2 bedrooms and 1 bathroom. There is an open plan living, dining and kitchen. A small rear yard and a carport at the front. There is a pool in the complex.

Units in this group enjoy good occupancy because it is a flat walk to shops and transport.

- Body Corporate Rates are approx $998 per quarter
- Council Rates are approx $1400 per 6 monthly.
- Currently leased at $220.00 per week on a periodic tenancy.

Ideal for an investment, as many buyers are buying and updating the properties. Great time to buy before they increase in price - market is improving!

Property History for 10/28 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Transferred
$140,000
12 Aug 2019
Listed for Rent
$220/w
02 Apr 2019
  • 24 Nov 2020
    Transferred for $8,400
  • 12 Aug 2019
    Sold for $140,000
  • 20 Mar 2019
    Listed for Rent $220 / week
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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, 383 properties were sold in the past 12 months in Cannonvale.

Suburb Insights for Cannonvale 4802

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.