12 Ulysses Drive, Cannon Valley QLD 4800
12 Ulysses Drive, Cannon Valley QLD 4800
Modern estate house | Cannon Valley lifestyle | Low-vacancy rental demand | Bushfire overlay possible | Larger-lot potential
This property sits within a newer residential release in Cannon Valley, where detached houses on generous blocks are the dominant form. The area’s mix of compact estate lots and acreage-style parcels means the property could offer either a low-maintenance family home or a rare larger holding, depending on its specific configuration. Given the suburb’s tight rental market and proximity to Airlie Beach services, this house likely appeals most to owner-occupiers seeking space and lifestyle, with strong investor interest as a secondary buyer pool. The newer build quality typical of this estate suggests modern finishes and efficient layouts, which tend to hold value well in regional lifestyle markets.
Value may be shaped by the exact land size and whether the property carries any bushfire overlay, as parts of the locality are exposed to that risk. The house’s position within the estate could influence privacy and aspect, while the absence of confirmed flood or heritage overlays is a neutral factor. Buyers should weigh the trade-off between lifestyle proximity and the suburb’s spread-out, car-dependent character, which may affect resale appeal to certain demographics. The condition and presentation of the finishes will likely be the strongest price lever.
|| Comparable Sales: 20 Ulysses Drive sold $380K as vacant land; Lot 18 Sugar Lane sold $1.078M for a 4-bed house on 4,042m² | Property Price Band: $900K–$1.1M | Value Drivers: Land size, build quality, bushfire overlay status
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Ulysses Drive, Cannon Valley QLD 4800
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Cannon Valley, in the Whitsundays, is a tightly held, family-oriented market with 37 house sales in the past year and supply up 50% year-on-year. Demand is driven by family buyers, signalled by the dominant 40-49 age cohort and a workforce concentrated in trades. House prices have risen 8.7% annually, with a median around $1.25 million, while units show stronger momentum at 23.24% growth and a $456,000 median. The rental market remains firm: vacancy sits at 0.92%, house yields at 5.09%, and weekly house rents around $750. Growth drivers include acreage appeal and well-serviced local roads, but constraints are visible – the median listing price is $1.2 million, days on market stretch to 93, and stock levels have jumped, pointing to affordability pressure and buyer selectivity even as yields stay supportive.
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PropCred Estimated Value
Comparable Sales: 20 Ulysses Drive sold $380K as vacant land; Lot 18 Sugar Lane sold $1.078M for a 4-bed house on 4,042m² | Property Price Band: $900K–$1.1M | Value Drivers: Land size, build quality, bushfire overlay status
Bedrooms
4
Bathroom
2
Parking
5
Land
1127m²
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