87 Nordenfeldt Road, Cannon Hill QLD 4170
87 Nordenfeldt Road, Cannon Hill QLD 4170
3 bed 1 bath house on 404mยฒ | standard low density format | inner east Brisbane location | limited on-site amenity
This is a straightforward single house on a modest 404mยฒ lot, configured as a three bedroom one bathroom dwelling with two car spaces. In Cannon Hill, this format is typical of the established low density housing stock that dominates the suburb, and it serves best the owner occupier or investor looking for a conventional house in an inner east location. The propertyโs competitive strength lies in its simplicity and its alignment with what the local market consistently trades, though it does not offer anything rare in terms of size or layout. The land area is functional for a small family or downsizer, but it is not generous by suburban standards.
The value of this property may be influenced by the fact that the building age and internal condition are not verified, which could mean the house requires updating or renovation that a buyer should factor into their price view. The absence of any stated aspect, views, or elevation might limit its appeal compared to other houses in the area, and the single bathroom could be a constraint for some households. A buyer should weigh these unknowns carefully, as they may affect both the purchase price and the propertyโs future resale potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 87 Nordenfeldt Road, Cannon Hill QLD 4170
Market Insight:
Cannon Hill offers a balanced market with divergent trends: house prices have softened (-2% to +10%), while units have surged over 13% annually. Demand is driven by its proximity to Brisbane CBD and strong rental appeal, particularly for units which offer higher yields (3.9%-5.03%). The market is active, with houses selling in 23-57 days. Future growth is underpinned by infrastructure improvements and revitalisation projects, though the house market’s recent volatility warrants attention.