4 Island DriveCannonvale QLD 4802
Property Details for Lot 5/4 Island Dr, Cannonvale
Lot 5/4 Island Dr, Cannonvale is a 3 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1989. The property has a land size of 94m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Last Listing description (August 2013)
Secure Investment income for 7 years
Bidding expected from $180,000. An opportunity exists for the astute investor wanting a commercial suite that has a sound tenant on a 7 year lease. The income progressively increases each year that will produce a pleasing return. Consisting of 94sqm and 2 car spaces this suite makes for a good investment that you can relax and let it look after itself for almost a decade. The property is part of a deceased estate that the family have decided to sell. Be sure to get full details and make it your own.
Property History for Lot 5/4 Island Dr, Cannonvale, QLD 4802
- 22 Jul 2013Sold for $145,000
- 27 Jun 2013Listed for Sale Not Disclosed
- 01 Jul 2008Sold for $350,000
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0About 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.
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