Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Cannon Hill › Erica St
3
Bedrooms
2
Bathrooms
2
Car spaces
506 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Cannon Hill (last 5 years) with land size have a median of $3,064/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 490 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $756/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 490 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cannon Hill at a glance
7,495
People
$1,800,000
Median sale
$756/wk
Median rent
2.18%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HQ PropertyThis charming refurbished home offers an outstanding land‑bank or family home opportunity, whether you choose to live in it, keep it rented or redevelop in the future. Currently rent‑ready and presenting exceptionally well with tenants in place, it also offers scope for a knock‑down rebuild to capitalise on its generous 516 m² block.
Inside, the kitchen and bathrooms provide modern updated convenience, while generous living areas offer flexibility for families or investors. The seamless flow to a covered patio and lawn delivers appealing space for outdoor entertaining or future landscaping. With good street appeal and solid structure, this home is as ready for tenants as it is for a new build.
Set in a quiet, leafy street yet moments from key amenities, this property blends convenience with future potential. The existing tenant makes it a seamless acquisition for investors, while owner‑occupiers will appreciate the peace of mind and endless possibilities.
Key features include:
Covered outdoor living area overlooking level yard
Currently tenanted
Positioned on a 516 m² block with potential for knock down/rebuild
Detached laundry and ample storage options
Easy street parking for guests
Local Amenities:
Nearby to train line & bus stops
Cannon Central / Kmart Plaza
Local cafés & restaurants
Parks & recreation
Garage
Easy access to Morningside and Carina
For further details or to arrange a private viewing, contact Shannon directly on 0400 179 605. Do not miss this rare opportunity to secure a high-growth asset in the heart of Cannon Hill.
To make an offer, visit: https://buy.realtair.com/properties/174113
Listing description written by Shannon Davis, HQ Property — reproduced as published, not verified by Districts.