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Suburb Insights ยท QLD 4170

Cannon Hill 4170, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cannon Hill is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 6,701, making it a smaller community. Located approximately 7 km from the Brisbane CBD, Cannon Hill is a outer metro area in Queensland. The median household income is $122,564 AUD per year (ABS 2021 Census).

Investment Score

80 / 100 Good

Above-average earnings in Cannon Hill support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Cannon Hill, Queensland, Australia.

Key Indicators

Postcode
4170

Official Australia Post postcode for Cannon Hill. A postcode may cover multiple suburbs.

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Population
6,701

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$122,564/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
7 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,396/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
62% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Cannon Hill's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,396/month. A median household income of $122,564/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Cannon Hill offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Strong tenant demand in Cannon Hill underpins consistent rental income and low vacancy risk.

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Renovation / Flip

Limited buyer depth in Cannon Hill makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Cannon Hill property

Full Property Analysis

30-year projections for Cannon Hill

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Cannon Hill is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. Tenants in Cannon Hill have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Cannon Hill's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Cannon Hill a good suburb for investment?

Cannon Hill is a outer metro area in Queensland with a population of 6,701. The median rent is $450/week and the median household income is $122,564/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cannon Hill?

Key demand drivers in Cannon Hill include affordability relative to inner suburbs and expanding infrastructure. 62% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Cannon Hill?

According to the ABS 2021 Census, Cannon Hill has a population of approximately 6,701. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cannon Hill from the Brisbane CBD?

Cannon Hill is approximately 7 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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