The newest estate in Airlie Beach offers a range of benefits and features for residents. Firstly, it enjoys easy access to public transport, allowing residents to conveniently commute to nearby areas. Local schools are also easily accessible, providing educational opportunities for families with children.
The estate is situated close to dining options and shopping center, making it convenient for residents to access a variety of culinary experiences and meet their shopping needs. Additionally, the absence of a body corporate means that there are no additional fees or regulations governing the estate, providing residents with more flexibility and autonomy in managing their properties.
The allotments in the estate vary in size, ranging from 729m2 to 1300m2. The majority of the allotments are flat, providing an ideal foundation for building homes. The rear lots have a gentle slope, which offers advantages such as benefiting from southerly breezes and providing picturesque views of the Conway Ranges valley.
One of the key advantages of purchasing a property in this estate is the ability to choose your preferred builder and build at a time that suits you best. This flexibility allows homeowners to plan their construction process according to their preferences.
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 4,481 properties. Over the last 5 years, Houses in Cannonvale have seen a 70.88% increase in median value, while Units have seen a 78.18% increase. As at 30 November 2024:
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