SOLD
Sold on 21 Mar 2024 for $370,000

20/16 Beach Road
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 104m2
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Property Details for 20/16 Beach Rd, Cannonvale

20/16 Beach Rd, Cannonvale is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2004. The property has a land size of 104m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Townhouse sold in Cannonvale in the last 12 months.

Building Type
Townhouse
Year Built
2004
Floor Size
74m2
Land Size
104m2
Local Government
Whitsunday Regional
Lot/Plan
20/SP153800

Last Listing description (October 2021)

Royal Palms is an attractive well maintained complex of townhouses and single level units. The central locality of these units, makes this a popular complex for both renters and owner occupiers, with Body Corporate Fees much lower than other comparable complexes. This unit has been an excellent rental performer with current owners now having other plans.

Conveniently located nearby Cannonvale Beach, primary school and the Whitsunday Shopping Centre, this 2 bedroom ground floor unit is fully furnished with air-conditioning, built-ins and ceiling fans. The living, dining and kitchen is an open plan layout with double door access to the rear courtyard, and also offers a single lock-up garage.

Rented at $350/week, this unit rarely sits empty and would be highly sought after in the current rental market should you wish to keep it there. Don't miss this opportunity to secure a unit in this sought after location.

Property History for 20/16 Beach Rd, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$370,000
21 Mar 2024
Listed for Rent
$320/w
21 Jan 2019
  • 21 Mar 2024
    Sold for $370,000
  • 20 Aug 2021
    Sold for $289,000
  • 21 Jul 2021
    Listed for Sale SOLD BY JOE BISHOP
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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 4,439 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 48 properties listed for sale, and 37 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 381 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.