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Cannon Hill Real Estate

Cannon Hill real estate

Flats or apartments make up 21% of occupied homes in Cannon Hill, against 12% across QLD, at the 2021 Census.

  • House 66
  • Townhouse or terrace 9
  • Flat or apartment 21
  • Other or not stated 4
  • Owned outright 22
  • Mortgaged 38
  • Rented 38
  • Other or not stated 2
Homes in Cannon Hill as a street of 100, from the census count of households by kind of home and tenure. Other or not stated also takes up the rounding.
Median rent$450 a weekQLD $365
Median mortgage repayment$2,396 a monthQLD $1,733
Median household income$2,357 a weekQLD $1,675

A larger share of flats, a smaller share of houses than Queensland

In Cannon Hill, 21% of occupied homes are flats or apartments, above 12% across QLD, which suggests a larger share of people living in apartment buildings than across the state. Separate houses account for 66%, below the state's 75%, and townhouses, terraces or semi-detached houses come to 9%, below 12% statewide.

Homes with two bedrooms or fewer are 33% of homes in Cannon Hill, above 22% across QLD. Three bedrooms describe 32% of homes, below 37% statewide. Four or more bedrooms describe 35%, below 39% across the state. On Census night, 6% of private dwellings were unoccupied, below the QLD figure of 9%.

Queensland, the same way: 75 houses, 12 flats, 33 rented. Other or not stated also takes up the rounding.

Higher incomes, higher repayments

Median household income in Cannon Hill is $2,357 a week, above $1,675 across QLD. The median mortgage repayment is $2,396 a month, above $1,733 for the state, and median rent is $450 a week, above $365. Worked out on this page from the two medians, that rent equals 19% of the median weekly income of all households, renters or not, below 22% across QLD.

Renting accounts for 38% of households in Cannon Hill, above 33% across QLD. Of renting households, 81% rent from a landlord the ABS records as a real estate agent, above the state's 66%. Paying off a mortgage describes 38% of households, above 34% statewide, while owning outright is 22%, below 29% across QLD.

Younger residents, and a smaller share at the same address

Of people aged five and over in Cannon Hill, 42% lived at the same address five years earlier, below 48% across QLD, which suggests a smaller share of people aged five and over lived at the same address five years earlier than across the state.

At the 2021 Census, 6,701 people lived in the suburb of Cannon Hill. Their median age was 34 years, below 38 across QLD, which suggests residents younger than the state's. An average household holds 2.5 people, the same as across QLD.