2/34 Jannila Ave, Cranbrook is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 809m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Cranbrook in the last 12 months.
An exceptional opportunity to secure a proven income-producing asset at 1 & 2 / 34 Janilla Street. Offering two self-contained residences on one title, this duplex delivers immediate cash flow and long-term capital growth potential.With both units tenanted, investors can benefit from dual rental income from day one, making this a smart acquisition for portfolio growth or SMSF buyers seeking stable returns.Investment Snapshot: *** Private Inspection Only *** Two self-contained units Dual rental income streams Strong combined annual return No body corporate fees Unit 1 is currently leased at $390.00 per week until September 2026 Unit 2 is currently leased at $450.00 per week until April 2027 Approx. Half-yearly rates of $4,058.90 Low-maintenance construction Separate access to each residence High-demand rental locationEach unit offers practical floorplans with spacious living areas, functional kitchens, well-sized bedrooms, and private outdoor spaces, ensuring ongoing tenant appeal and minimising vacancy risk.Strategically positioned close to schools, shopping, transport, and key amenities, the location supports consistent rental demand and long-term performance.
The size of Cranbrook is approximately 3.4 square kilometres. There are 6 parks, covering nearly 8.2% of the total area. The population of Cranbrook in 2016 was 5908 people. By 2021 the population was 5844 showing a population decline of 1.1% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation.In 2021, 63.70% of the homes in Cranbrook were owner-occupied compared with 65.10% in 2016.
Cranbrook has 2,697 properties. Over the last 5 years, Houses in Cranbrook have seen a 140.99% increase in median value, while Units have seen a 325.99% increase. As at 31 May 2026:
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