12 Mckie Cres, Cannon Hill QLD 4170
12 Mckie Cres, Cannon Hill QLD 4170
Vacant corner lot | Golf course estate | 772m² flat land | Prime build position
This property presents a rare opportunity to secure a large, flat parcel in a completed, prestigious golf course estatea segment with inherently limited supply. Its corner position and absence of structural constraints offer maximum design flexibility for a custom home, squarely targeting the owner-occupier seeking a lifestyle purchase in a established community. The combination of reliable infrastructure and sought-after school catchments underpins its fundamental desirability.
The primary decision hinges on committing capital to land without immediate income, weighing the cost of holding against the premium achievable from a bespoke build. Proceed only with a clear build timeline and budget, as the value is realized solely through development. This property is a strategic land bank for a purchaser intending to occupy, not a passive investment; its utility is in its potential, not its present state.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Mckie Cres, 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.