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Buyers Agent Brisbane First Home Buyer Insights – What’s happening in Cannon Hill – Proposed childcare centre to cater for 152 children

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Cannon Hill.

A childcare centre could be built at 918-924 Wynnum Road in Cannon Hill, with current damaged dwellings to be demolished to make way for the development.

The proposed two-storey centre would cater for 152 children, and operate from 6am to 7pm.

It would have ground and elevated outdoor play areas, undercover play areas, eight activity rooms and a multipurpose room, along with 31 car parks.

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Market Snapshot – Cannon Hill

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$1,200,000 41.18% 132 $475,000 5.56% 82 6,701 34 37.8%

Source: CoreLogic, ABS 2021 Census

 

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