OFF MARKET

40/28 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 80m2
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Property Details for 40/28 Island Dr, Cannonvale

40/28 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 80m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1980
Floor Size
60m2
Land Size
80m2
Local Government
Whitsunday Regional
Lot/Plan
40/BUP70834

Last Listing description (February 2021)

This tidy two bedroom unit is in one of the best positions in the centrally and sought after Mews complex. Occupying an end position it also has the added bonus of undercover outdoor area in a very private setting. For the astute investor this fully furnished unit represents great value, and is currently tenanted at $240 p/w or for the owner occupier, move in at end of the lease. Another great feature of the unit, is its close proximity and walking distance to transport, shops, school, tavern. With three recent sales in the complex, be quick to book your inspection, as these units don't last long.

Property History for 40/28 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$153,000
09 Jan 2021
Listed for Rent
22 Feb 2016
  • 09 Jan 2021
    Sold for $153,000
  • 02 Jul 2020
    Listed for Sale For Sale
  • 26 Nov 2015
    Listed for Rent $250 / 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 4,470 properties. Over the last 5 years, Houses in Cannonvale have seen a 79.48% increase in median value, while Units have seen a 61.67% increase. As at 31 August 2024:

  • The median value for Houses in Cannonvale is $732,696 while the median value for Units is $390,112.
  • Houses have a median rent of $745 while Units have a median rent of $500.
There are currently 42 properties listed for sale, and 43 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 386 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.