1103/1918 Creek Road, Cannon Hill QLD 4170
1103/1918 Creek Road, Cannon Hill QLD 4170
1 bed, 1 bath, 1 car | Near-new premium build | Rooftop pool & city views | Strong rental demand | Cannon Hill convenience
This apartment sits in the newer, amenity-rich end of Cannon Hill’s market, a clear step above older suburban unit stock. The building’s shared rooftop pool, BBQ area, and lift access, combined with stone benchtops and quality appliances, make it a genuine draw for downsizers wanting low-maintenance living, first-home buyers seeking a move-in-ready property, and investors chasing reliable rental interest. Its position near the train station, shopping centre, and major road links underpins everyday practicality, and the complex’s contemporary finishes and secure parking give it a competitive edge over much of the local supply. This property serves best those who value convenience and modern comfort over space or a private yard.
The body corporate fees, visible in similar units at around $1,760 per quarter, add a recurring cost that should be weighed against the benefits of shared amenities and building upkeep. Being on a main corridor, some traffic or urban noise may be present, though this is typical for the area and not confirmed for this specific unit. The exact floor level and aspect for this apartment are not clear, which might influence light, views, and privacy—factors that could affect its appeal and price. The building’s strong sale and rental records suggest a solid demand base, but the final value will hinge on how this particular unit’s internal condition and orientation compare to others in the complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 1103/1918 Creek Road, Cannon Hill QLD 4170
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
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: 2207/1918 Creek Road sold $660,000 (1 bed, 75m²); 2107/1918 Creek Road sold $555,000 (1 bed, east-facing) | Property Price Band: $550,000–$650,000 | Value Drivers: internal condition, floor level and aspect, building amenities and proximity to transport
Bedrooms
2
Bathroom
2
Parking
1
Land
2857m²
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