Cannon Hill QLD Property Investment
Brisbane · 4170 · Score: 77/100 · Buy
Cannon Hill Short-Term Rental (Airbnb) Market
Cannon Hill QLD Investment Brief
BUY — 2.6% gross yield on a $1,400,000–$1,765,124 (sources disagree, range shown — do NOT quote a single number) median.
THE MARKET
Cannon Hill has compounded at 4.3%/yr over 5 years. Median sits in the $1,400,000–$1,765,124 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 22 days (sellers have the leverage).
- Median house: $1,400,000–$1,765,124 (sources disagree, range shown — do NOT quote a single number) | Units: $884,988
- Gross yield: 2.6% | Net yield: 1.1%
- 5yr price CAGR: 4.3%/yr | 3yr forecast: 13.5%/yr
- Population: 6,701 | Owner-occupier rate: 58% | Affluence: Very High
- Supply pipeline: Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- Vacancy: 1.2% (improving) | Rental demand: Very High
- Median weekly rent: $875/wk | Days on market: 22 (improving)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $210/night | Occupancy: 50%
- Estimated annual STR gross: ~$38,382/yr
- vs long-term rent: $45,500/yr (comparable — LTR offers simpler management)
INFRASTRUCTURE & CATALYSTS
- Cross River Rail (Brisbane) (Under Construction)
- Brisbane 2032 Olympic Games Infrastructure (Announced)
- Transport: Cannon Hill station 1.2km away
BULL CASE
If Cannon Hill maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $2,012,294 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Cannon Hill pull back 10-15% from $1,749,821, with vacancy rising to 2.2% and rental yields softening as tenants gain leverage.
KEY RISKS
- Flood risk: HIGH (qld_arcgis) — order a flood certificate for the specific address before commit
COMPARABLE MARKETS
- Sheldon (QLD): $1,826,105 median, 1.8% yield, 10.9% 1yr growth
- Wishart (QLD): $1,618,366 median, 2.6% yield, 23.1% 1yr growth
- Stafford (QLD): $1,436,918 median, 2.5% yield, 15.0% 1yr growth
THE PLAY
Cannon Hill presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.6% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.
- Entry range: $1,574,839 – $1,924,803
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 4.3% + 10yr CAGR 4.5%
- +Strong population growth (2.7%/yr) driving demand
- +Very tight rental market (vacancy 1.2%) — upward price pressure
- +Active market (22 days avg)
- −High supply pipeline (39794 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
7,221
2020
8,891
2021
8,353
2022
8,044
2023
7,285
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 4170
Decile 10 of 10 — Low disadvantage
Population
28,030
Education (IEO)
10/10
Econ. Resources (IER)
8/10
10-Year Investment Projection
Modelled on Cannon Hill QLD data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $875/wk median rent for Cannon Hill. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.