2/38 Banksia Court, Cannonvale, QLD 4802 | Property Value & History | OnTheHouse
OFF MARKET

2/38 Banksia Court
Cannonvale QLD 4802

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 2/38 Banksia Ct, Cannonvale

2/38 Banksia Ct, Cannonvale is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2004
Local Government
Whitsunday Regional
Lot/Plan
2/SP167814

Last Listing description (December 2022)

SOLD BY RAY WHITE - Call Adam Webster for more details

A Winner For A Beginner - This One Won't Last! No Body Corp Fees

This well-located duplex offers the perfect low-risk opportunity for first-home buyers or savvy investors to get their foot into the Whitsunday property market


It's not often for this price you will find an affordable and low-maintenance property with no annual body corporate fees to pay.

Offering a genuine 3-bedroom, 2-bathroom floor plan plus the enclosure of the lock-up garage has created an additional multi-purpose area / 4th Bedroom. There is a car park available to the front of the home for everyday parking or you could reinstate the lock-up garage if you have secure parking needs.

The property has just been vacated, allowing any buyers to purchase now and move in asap. Investors should also take note of the strong demand from tenants for available rental properties in this area - this one will get snapped up very quickly.

Situated close to shops, Reef Gateway Hotel, transport, and schools, this duplex unit is in a great position in central Cannonvale.

This property would make the perfect investment property with no body corporate fees and a very strong rental market.

Some features include:
- Three bedrooms/2 bathrooms
- Original lock-up garage has been converted into a multi-purpose room / 4th bedroom / Home office
- Tiled Throughout living areas, carpet bedrooms
- Large semi-covered entertaining deck in backyard
- Functional kitchen, internal laundry
- Private fully fenced backyard ideal for kids and pets
- Garden shed locker in the yard

Opportunities like this are not often available in this market, don't delay and contact Adam Webster from Ray White to arrange your inspection.

Property History for 2/38 Banksia Ct, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$401,000
08 Dec 2022
  • 14 Dec 2022
    Sold for $401,000
  • 05 Dec 2022
    Listed for Sale UNDER CONTRACT
  • 26 Mar 2021
    Listed for Rent $450 weekly
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About Cannonvale 4802

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 4,614 properties. Over the last 5 years, Houses in Cannonvale have seen a 93.85% increase in median value, while Units have seen a 110.90% increase. As at 30 November 2025:

  • The median value for Houses in Cannonvale is $866,502 while the median value for Units is $512,013.
  • Houses have a median rent of $730 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 37 properties listed for rent in Cannonvale on OnTheHouse. According to Cotality's data, 408 properties were sold in the past 12 months in Cannonvale.

Suburb Insights for Cannonvale 4802

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.