
Cannon Hill has enjoyed stable and consistent property value growth due to the strong fundamentals of the market and the suburb’s proximity to good amenity and the CBD.
Cannon Hill is identified by the Queensland Government’s Department of Population, Information and Forecasting Unit as a growth suburb with the population expected to grow by approximately 2% per annum over the next decade.
Cannon Hill has been popular with owner occupiers due to its leafy residential nature and proximity to the city. However about one quarter of dwellings are occupied by rental tenants demonstrating the appeal to investors alike.
Ticking all the investment boxes, The Barracks is adjacent to the Cannon Hill rail station and adjoins the Southgate Corporate Park; an employment hub for over 2,000 office workers and retailers.