SOLD
Sold on 12 Jan 2024 for $259,000

3/11 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 107m2
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Property Details for 3/11 Island Dr, Cannonvale

3/11 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 107m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Cannonvale in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
85m2
Land Size
107m2
Local Government
Whitsunday Regional
Lot/Plan
3/BUP70779

Last Listing description (February 2024)

Are you thinking about purchasing your first investment property? Or would you like to expand your portfolio? This neat and tidy 2 bedroom, 1 bathroom unit with its own under cover parking is now up for grabs. The Island Close apartments are centrally located in the heart of Cannonvale. You are only a 5 minute walk to Coles, the pharmacy, restaurants, primary school and public transport. Making these units very desirable and convenient for potential tenants.

The property is currently leased until October 2024 for $400.00 per week. This plus low body corporate fees make this a perfect kick starter investment.

The unit itself is fully airconditioned and sets itself apart as being one of the only in the complex with a bath featured in the bathroom. Both bedrooms feature carpet flooring, fans and built in robes. The spacious lounge area flows out to the verandah that leads to the common areas where the glistening complex swimming pool is located.

These units are tried and tested and being solid block construction, are low maintenance.

Contact Carinda Ivens for a private inspection. 0417 285 700

Property History for 3/11 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$259,000
12 Jan 2024
Listed for Rent
05 Oct 2022
  • 12 Jan 2024
    Sold for $259,000
  • 18 Dec 2023
    Listed for Sale $269,000
  • 14 Sep 2022
    Listed for Rent - Price not available
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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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Contact agent
Carinda Ivens
Show contact details
PRDnationwide - Whitsundays - Cannonvale
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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.