16/35 Smith Place, Cannon Hill QLD 4170
16/35 Smith Place, Cannon Hill QLD 4170
Detached house on 418m² | Pool and 202m² floorplan | Bushfire overlay flagged | Strong family-buyer profile | No flood or heritage constraints
This property holds a competitive edge in Cannon Hill because it is a genuine detached house with a pool on a 418m² block, whereas much of the immediate Smith Place area is given over to newer terrace and townhouse product. The 202m² building footprint is substantial for the suburb and gives it a rare sense of space that medium-density stock nearby cannot match. That combination of private outdoor amenity, generous internal area, and a quiet residential setting makes it best suited to owner-occupier families or upsizers looking to move out of apartments or townhouses without leaving the inner-east corridor. The pool and larger land component also give it a different buyer pool than the surrounding terraces, which tends to support stronger long-term demand from those seeking a more traditional house format.
The bushfire overlay is the main factor that may shape buyer perception and, in turn, price expectations. While it does not necessarily preclude purchase, it can influence insurance premiums and may prompt more cautious buyers to factor in additional holding costs. The property’s elevated ground position at 11m and the absence of any flood overlay are positive counterpoints, as they reduce weather-related risk that is often a concern in Brisbane. The reported sale of $1.92 million in late 2025 sits in a price range that is higher than most nearby terrace sales, so the value argument will likely rest on whether the detached house format and pool justify the premium over newer townhouse stock. Buyers should weigh the overlay against the property’s physical advantages when forming their view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/35 Smith Place, Cannon Hill QLD 4170
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Cannon Hill’s position rests on efficient transport links to Brisbane CBD, with proximity underpinning strong rental demand from professionals and families drawn to established amenities. House prices sit between $1.41 million and $1.60 million, but annual growth has been uneven, ranging from -2.08% to 10.34%, and stock turns over slowly at 23 to 57 days. Units are the outperforming segment, priced from $708,000 to $767,500 with 13% yearly growth, reflecting buyer preference for lower entry points and higher gross yields of 3.9% to 5.03% versus houses at 2.8% to 3.22%. Weekly rents of $800 to $850 for houses and $660 to $680 for units support investor interest, though annual house sales volume is thin at 109 to 119. Future demand hinges on infrastructure upgrades and revitalisation projects, while affordability constraints and interest-rate sensitivity remain the key brakes on price momentum.
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PropCred Estimated Value
Comparable Sales: 5/35 Smith Place sold at $1.188M in Jan 2024; 21/35 Smith Place listed at $670/week rent | Property Price Band: $1.9M–$2.0M | Value Drivers: Detached house format, pool, 418m² land size, bushfire overlay consideration
Bedrooms
4
Bathroom
2
Parking
2
Land
1.77 acres
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