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 › Richmond Rd
For sale
For sale
6
Bedrooms
3
Bathrooms
2
Car spaces
600 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
No recorded sale price for this property yet.
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 data is being calculated
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
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Equity Maxx Real Estate374 Richmond Road, Cannon Hill - Premium Corner Site for Investors, Developers & Strategic Land-bankers
Positioned on a prominent 600m corner block with dual frontage to Richmond Road and Favril Street, this corner block Cannon Hill property presents a rare opportunity for those looking to rent, develop, or landbank in a high-growth inner-east location. Offering excellent holding income and strong future development prospects (STCA), this site is perfectly suited to investors and developers seeking value and long-term upside.
We have clear instructions from our client: THIS PROPERTY MUST BE SOLD!
Calling Investors, first home buyers, large families and renovators! This is a big house with huge potential. If great value for money and location are important to you then look no further than this canvas for creativity.
Development Potential (STCA)
Option 1 - The wide corner frontage, good size block, and dual-street access make this property an outstanding development prospect. Opportunities include:
New single premium dwelling
Dual-occupancy or multi-dwelling possibilities (STCA)
Strategic landbank with strong future subdivision or redevelopment potential
Blocks of this size and position are tightly held and rarely become available.
Option 2 - Knock Down & Build Two New Homes (STCA) or Renovation Project
Developers can take advantage of the block's shape, topography, and corner position to create two modern homes - ideal for resale or high-yield rental properties.
High-Demand Lifestyle Location
Directly opposite Seven Hills Bushland Reserve, this location attracts consistent interest from future buyers and tenants. Everything is moments away:
Cannon Hill Plaza
Morningside & Cannon Hill Train Stations
Local cafes and dining
Westfield Carindale
Camp Hill Marketplace
Minnippi Golf Course
Martha Street dining precinct
Oxford Street, Bulimba
Just 9.9 km to Brisbane CBD, this position ensures long-term growth and strong ongoing demand.
Strong Future Buyer & Tenant Appeal
Located within the Cannon Hill State School and Balmoral State High School catchments, and close to CHAC, Lourdes Hill College and Saint Oliver Plunkett - further enhancing future desirability.
A Rare, High-Value Opportunity with versatile development options, excellent rental prospects, and major lifestyle drawcards, this property is a smart acquisition for any serious investor or developer.
Contact us today to secure this exceptional inner-east opportunity.
Disclaimer:
Equity Maxx Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Listing description written by Jinal Patel, Equity Maxx Real Estate — reproduced as published, not verified by Districts.