SOLD
Sold on 31 Jul 2024 for $340,000

6/28 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 80m2
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Property Details for 6/28 Island Dr, Cannonvale

6/28 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 80m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Cannonvale in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
62m2
Land Size
80m2
Local Government
Whitsunday Regional
Lot/Plan
6/BUP70834

Last Listing description (July 2020)

Simplicity is often best when investing in property and this one gets all the ticks.
Great price,
Great rent,

Great tenant,
Great location,
Great low costs,
Very conveniently situated being walking distance to the local Cannonvale Shopping Centre and a further short stroll to the beach, this end unit has a lot to admire. Mostly in original condition but keenly occupied by an excellent tenant for the last 8 years paying a healthy $270 per week, this little gem is certainly an investors paradise. An open living area with a couple of bedrooms, rear door to a modest garden setting and carport to the front. It all just adds up to be a sound investment with some of the lowest outgoing strata costs in town. Be sure to call for your viewing or virtual inspection.

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Property History for 6/28 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$340,000
31 Jul 2024
Listed for Rent
$240/w
15 Feb 2012
  • 31 Jul 2024
    Sold for $340,000
  • 08 Jul 2020
    Sold for $136,500
  • 29 Jun 2020
    Listed for Sale $149,000
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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 51 properties listed for sale, and 34 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 381 properties were sold in the past 12 months in Cannonvale.

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