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Cannon Creek, QLD 4310
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,130,000
list-price estimate
Median Unit
$500,000
list-price estimate
Gross Yield (houses)
2.9%
1yr Growth
-
Investment snapshot for Cannon Creek
Cannon Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Cannon Creek market and investor summary
In Cannon Creek, QLD 4310, houses show a gross rental yield of 2.9%. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Cannon Creek: people, income and schools
Cannon Creek is home to around 75 people, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $84,000 a year, or roughly $1,620 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10).
It is roughly 74 km from the CBD.
- Population
- 75
- +6% over 5yr
- Median age
- 51 years
- Median household income
- $84,000/yr
- Households renting
- 17%
- Family households
- 100%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 2.1%
- Distance to CBD
- 74 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cannon Creek
No properties currently listed in Cannon Creek
Search Cannon Creek listings →Frequently asked questions about Cannon Creek
What should I check before investing in Cannon Creek?
Cannon Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Houses sell quickly (18 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Cannon Creek show?
The gross rental yield in Cannon Creek is 2.9% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Cannon Creek?
The current vacancy rate in Cannon Creek is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Cannon Creek?
Cannon Creek has a population of approximately 75 residents, with a median age of 51.
Is Cannon Creek's population growing?
The population of Cannon Creek has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Cannon Creek from the CBD?
Cannon Creek is about 74 km from the CBD.
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