Cannon Central a long established shopping complex is undergoing a remarkable refurbishment. As part of these works we are delighted to offer further opportunities to operators from a variety of sectors. Cannon Central is currently a true mixed use and retail complex as part of a major shopping precinct with full line Coles, Woolworths and Aldi Supermarkets in the greater complex as well as Bunnings Hardware. This unique situation has not one - but four nationally branded Public listed and Private Equity companies all of whom would be a substantial anchor on their own. These major companies are complimented by a large range of specialty operators in fashion, homewares, sporting and bulky goods supplies. The centre has also surrounding commercial office and medical services metres from the property.
The next stage of development will introduce further uses such as a dining precinct and Medical Precinct including a GP Clinic, Specialist Operators and a Day Hospital. A Hotel and Serviced Apartment will also form part of the precinct.
The size of Cannon Hill is approximately 3.8 square kilometres. It has 8 parks covering nearly 42.9% of total area. The population of Cannon Hill in 2016 was 5533 people. By 2021 the population was 6701 showing a population growth of 21.1% in the area during that time. The predominant age group in Cannon Hill is 30-39 years. Households in Cannon Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannon Hill work in a professional occupation.In 2021, 60.30% of the homes in Cannon Hill were owner-occupied compared with 65.10% in 2016.
Cannon Hill has 3,208 properties. Over the last 5 years, Houses in Cannon Hill have seen a 106.24% increase in median value, while Units have seen a 99.37% increase. As at 31 March 2026:
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