323/986 Wynnum Road Cannon Hill QLD 4170

Listed $951k estimate | 76m² unit | Suburb median $800k | No flood or bushfire risk This property carries a premium of roughly $150k above the Cannon Hill two-bedroom unit median. The buyer pays for a 2018 build and a 76m² floor plan that is larger than typical stock in this suburb. The $695 per week rental yield sits at about 3.8% on the $951k estimate, which is below market average for units in this area and signals a growth-oriented rather than income-driven hold. The property appears best suited to an owner-occupier who values a newer, low-maintenance footprint in a stable catchment zone. The competitive strengths are the 2018 construction date, which defers major capital expenditure, and the absence of flood or bushfire overlays. The balcony and natural light features differentiate this unit from older stock in Cannon Hill. It serves a professional couple or small family prioritising school catchments and a commute to the CBD. The data shows 61 comparable units sold locally in the past year, which supports liquidity. Making an offer below the estimated value and anchoring on the $800k median justifies negotiation. Contact PropCred for a comparable sales report to test the price gap against recent settled transactions.