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201/38 Andrews Street, Cannon Hill$965,000
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201/38 Andrews Street

Cannon Hill, QLD 4170, Australia
$965,000
3 bed 2 bath 1 car

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About this property

This is the apartment you move into and simply start living. North-facing, light-filled, and ready from day one. No renovations. No waiting. Just a well-designed home in one of Brisbane's most connected middle-ring suburbs. Vacant and ready for immediate occupation. THE RESIDENCE From the moment you step inside, the north aspect makes its presence felt. Natural light floods the open-plan living and dining area, creating a sense of space and warmth that remains consistent throughout the day. This is a home that feels good to be in. The kitchen integrates seamlessly with the living zone, offering a practical layout for everyday cooking and easy entertaining. Whether you are hosting friends or enjoying a quiet night in, the flow between spaces works effortlessly. Three well-proportioned bedrooms provide genuine flexibility. The master bedroom includes an ensuite, offering privacy and separation from the remaining two bedrooms, which share access to the main bathroom. All bedrooms benefit from the apartment's orientation, capturing natural light and fresh air. Positioned as an end apartment, the residence benefits from dual aspect exposure. Natural light and airflow extend across both the northern and western sides, delivering cross-ventilation that keeps the home comfortable year-round. This corner position also provides added privacy and a sense of separation from neighbouring residences. A single secure car space The apartment is well-maintained and move-in ready, offering a clean canvas for the next owner. Quality finishes throughout provide a solid foundation, with scope to add personal touches over time or simply settle in and enjoy from day one. THE LOCATION Cannon Hill strikes a balance that few suburbs achieve: close enough to the city for convenience, far enough for breathing room, and connected enough to make daily life simple. Brisbane CBD is just 9km away. The Gateway Motorway and Airport Link provide direct routes north, south, and to the terminals. For daily commuting, Cannon Hill and Morningside train stations are both within easy reach, placing the city within 15 minutes by rail. At street level, the suburb offers a genuine sense of community. Cannon Hill Kmart Plaza covers everyday essentials, while Westfield Carindale provides a full retail, dining, and entertainment precinct just minutes away. Local cafes and restaurants along Wynnum Road add character and convenience. Families are well catered for with access to quality public and private schooling, childcare options, and an abundance of parkland including the popular Murrarie Recreation Reserve. THE INVESTMENT POSITION Cannon Hill sits within Brisbane's established middle-ring growth corridor, a location that consistently outperforms during periods of market strength and holds firm when conditions tighten. The fundamentals are sound: limited new apartment supply, steady rental demand from young professionals and small families, and proximity to major employment nodes including the CBD, Airport, and Australia TradeCoast precinct. Median prices in Cannon Hill have shown sustained growth over recent years, supported by infrastructure investment, population increases, and the ongoing appeal of well-connected, lifestyle-focused suburbs. For investors seeking a balance of yield and long-term capital appreciation, this address warrants serious consideration. THE OPPORTUNITY Vacant possession means no delays and no complications. Move in this week. Lease it next week. The choice is yours. Opportunities like this, where the price, the position, and the readiness align, do not wait around. If you have been searching for a property that delivers from day one, your search may well be over. INSPECTIONS Properties at this price point in this well connected suburb move quickly. To secure your private inspection, contact Melinda Allamby 0403 460 553.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$4,678/month
$2,339 /fortnight
Loan $772,000 at 6.10% over 30 years

Upfront costs

Deposit$193,000
Stamp duty$36,450
Conveyancing (est.)$2,000
Total upfront$231,450
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cannon Hill

This 3-bedroom apartment in Cannon Hill, QLD 4170 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $1.40m median of 67 comparable apartmentswithin 5 km.

Schools near Cannon Hill

  • Cannon Hill Anglican Collegecombined · Prep-12 · CoEd
  • Cannon Hill State Schoolprimary · Prep-6 · CoEd
  • St Oliver Plunkett Schoolprimary · Prep-6 · CoEd

What's nearby

  • Cannon Hill station, platform 2 (train)126 m away
  • 99 Bikes254 m away
  • Unnamed419 m away
  • Regent Park676 m away
  • Unnamed932 m away

Cannon Hill at a glance

Full suburb profile
Population
6,701
Median age
34
Household income
$2,357/wk
Median rent
$450/wk
Median mortgage
$2,396/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cannon Hill price trend

Median sold · Unit 3 bed

Compound growth +18.1% / yr over 4 yrs

$1.15mcurrent median

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Full Cannon Hill market

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Price history

Price history

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1 price change recorded for this property

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Within 5km

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