15/48 Coral Esp, Cannonvale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 43m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Hit the ground running with this fully renovated studio apartment only a few steps (literally !) from the beach.
Guests will love the morning run on the bicentennial boardwalk with your feet above the water and a breathtaking backdrop or grab a bite to eat and a coffee next door. Convenience is almost an understatement considering the fascinating park and ocean views from your balcony combined with proximity to shops and restaurants. An onsite pool is also provided, offering the feel of an ocean swim without having to leave the comfort of your home, courtesy of the ocean view.
Air-conditioned comfort, stylishly furnished and fitted out with quality appliances, this unit is ready to work for you. At a proven return of approx. $737 p/wk gross on a holiday letting basis with airbnb or onsite management, this unit proves as a very exciting opportunity for investors looking to enter the market at a competitive price.
The size of Cannonvale is approximately 7.2 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Cannonvale in 2016 was 5716 people. By 2021 the population was 6596 showing a population growth of 15.4% in the area during that time. The predominant age group in Cannonvale is 30-39 years. Households in Cannonvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannonvale work in a trades occupation.In 2021, 52.70% of the homes in Cannonvale were owner-occupied compared with 48.10% in 2016.
Cannonvale has 4,626 properties. Over the last 5 years, Houses in Cannonvale have seen a 89.63% increase in median value, while Units have seen a 116.57% increase. As at 28 February 2026:
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