8 Wambiri StreetCannonvale QLD 4802
Property Details for 8 Wambiri St, Cannonvale
8 Wambiri St, Cannonvale is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 607m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2008.
Last Listing description (June 2025)
Heres a rare find in the Whitsundays: three self-contained, renovated residences on one title, returning an impressive $67,600 per annum. Set on a 607m block in ever-popular Cannonvale, just minutes from Airlie Beach, this property is perfect for savvy investors, multi-generational families, or owner-occupiers looking to live in one and rent the others.
Each unit features air-conditioning, private outdoor spaces (balconies or patios), off-street parking, and low-maintenance gardens. Whether you're chasing a "set-and-forget" investment or a flexible living arrangement, this is the kind of opportunity that rarely surfaces in coastal locations like this.
Property Configuration:
Unit 2 (Upstairs): 2 bed, 1 bath, private balcony, 1 carport
Unit 3 (Downstairs): 1 bed, 1 bath, private patio, 1 carport
Financial Breakdown:
Gross Rental Income: $67,600 per year
Annual Outgoings:
Council Rates: $6,610
Insurance: $2,455
Property Management: $5,900
Total Outgoings: $14,965
Net Income: $52,635 per year (approx.)
With rental demand in the Whitsunday region consistently strong, this property offers reliable returns and long-term growth in one of North Queenslands most desirable coastal pockets.
Seize this triple-income gem contact Brad today.
Property History for 8 Wambiri St, Cannonvale, QLD 4802
- 19 Jun 2025Listed for Sale $949,000
- 02 Sep 2019Listed for Rent $300 / week
- 07 Dec 2018Listed for Rent $280 / week
Recent sales nearby
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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 4,626 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:
- The median value for Houses in Cannonvale is $877,856 while the median value for Units is $554,633.
- Houses have a median rent of $750 while Units have a median rent of $573.
Suburb Insights for Cannonvale 4802
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