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 › Andrews St
$1,250,000
Last sold
30 Oct 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
759 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
Last sold
$1,250,000
30 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Cannon Hill (last 5 years) with land size have a median of $3,105/m² of land (n=47). 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.
Vs Cannon Hill
-30.6%
Median sale
Suburb $1,800,000
+0.96 pp
Gross yield
Suburb 2.18%
Suburb median $1,800,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 RE/MAX Results MorningsideTeam Warren exclusively presents this this Golden opportunity for the astute developer or investor. The vendors are motivated to sell as they are relocating to a new home.
This is your chance to secure this superbly located 759m2 Medium Density zoned block no character or demolition control. It is located in the NPP-003f Cannon Hill Station sub precinct.
Cannon Hill Train Station is just at the end of the street. It is located just a few minutes' drive from the Brisbane city centre. A unit development (subject to council approval) will potentially offer uninterrupted city views from many apartments.
Right across this property is 42 Andrews St (also on 759m2) which has recently been developed and consists of 16 Units. 38 Andrews has also been developed right next to number 42. In fact, there are similar developments already completed on this street and this pocket. New developments are on their way.
#35 Andrews next door is a 500m2 property that recently Sold for $920k in Jan 2022 equating to $1,840/m2
::………………………….::
Options for investors -
A. Hold for strong potential Capital growth.
B. Get a DA (subject to approval) from the council and sell to a developer/investor.
C. Get a DA (subject to approval) from the council and build to rent or to sell.
::………………………….::
FEATURES & LOCATION -
- Level block 759m2 right next to the Parklands.
- Medium density zoning - perfect for serviced apartments, unit development STCA.
- NPP-003f Cannon Hill Station sub precinct.
- Wide frontage. No demolition/character control. No storm water issues.
- Easy city access via car and public transport - both buses and trains. Walk to Cannon Hill station.
- Close to Cannon Hill Shopping Centre, East Village, Morningside shops inc Woolies and Coles.
- Easy Childcare access - located on the street.
- Fast airport access via Gateway Motorway and just 8kms from the CBD.
- Several successful developments built in the area and more on their way.
- Discuss the above with your town planner today.
::………………………….::
Cannon Hill is located at the right spot for tourist and residential unit accommodation. Brisbane City council is encouraging development in this area for the project developers. Once your DA application is approved by the council, the apartments can go to market almost immediately for off-the-plan sales to begin.
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with contacts who can provide researched feedback to help you get your next project started.
This is an opportunity not to be missed.
Please contact us for more info or to make an offer.
Please Note - Calls from private numbers and email enquiries without a valid phone number will not be responded to.
Disclaimer: All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Varun Kapoor (Warren), RE/MAX Results Morningside — reproduced as published, not verified by Districts.