3 Schnapper StreetCannonvale QLD 4802
Property Details for 3 Schnapper St, Cannonvale
3 Schnapper St, Cannonvale is a 12 bedroom, 8 bathroom Unit with 4 parking spaces and was built in 2005. The property has a land size of 1012m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (December 2024)
This unit block of four, two storey townhouses on one title is now offered for sale via expression of interest.
Only two streets back from Cannonvale Beach, the location is hard to beat.
The modern building currently fully tenanted with solid returns, with high demand providing options for improved yield.
Each townhouse is double story with three bedrooms and two bathrooms on the upper level, the master includes a walk in robe and private ensuite and the ground level includes lounge, kitchen and dining with separate laundry and outdoor alfresco area and courtyard style backyard.
Well maintained with modern fixtures and fittings - fully air conditioned.
Recent improvements include
- renovated ensuites in two of the units
- new carpet
- fresh paint
The current annual income exceeds $100,000 per annum, with updated rental appraisal showing $130,000 per annum, with modest outgoings limited to Rates and Insurances only - no body corporate.
Property History for 3 Schnapper St, Cannonvale, QLD 4802
- 13 Sep 2024Sold for $2,030,000
- 14 Jun 2024Listed for Sale SOLD BY EXPLORE PROPERTY
- 06 Jul 2021Sold for $1,275,000
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0About 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 4,621 properties. Over the last 5 years, Houses in Cannonvale have seen a 92.15% increase in median value, while Units have seen a 113.77% increase. As at 31 March 2026:
- The median value for Houses in Cannonvale is $906,093 while the median value for Units is $550,810.
- Houses have a median rent of $770 while Units have a median rent of $585.
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