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323/986 Wynnum Road, Cannon Hill$888,000
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323/986 Wynnum Road

Cannon Hill, QLD 4170, Australia
$888,000
2 bed 2 bath 1 car76 m²

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About this property

Capturing exceptional natural light and picturesque Cannon Hill views, this immaculate property presents an exciting buying or investment opportunity. Featuring sophisticated interiors and fantastic entertainment options, this sensational residence is close to Cannon Hill Kmart Plaza's conveniences and the Cannon Hill train station. Airy and bright, a spacious open-plan living and dining area greets you upon entry. Showcasing beautiful timber-look floors, this superb central living area seamlessly connects to a covered balcony with an attractive outlook and fabulous entertainment space. Finishing the central living area, an impeccable kitchen displays reconstituted Caesarstone benchtops, a breakfast bar, quality appliances, an Insinkerator and ample cupboard storage. Additionally, a plethora of popular cafes and restaurants are at ground level. There is also an ensuited master bedroom encompassing a walk-in robe, plus a sizeable second bedroom with balcony access and a built-in robe. A tidy main bathroom linked to the second bedroom has a shower over a bath. Complete with secure parking for one car and laundry amenities, the apartment also includes split-system air-conditioning, ceiling fans, Crimsafe security screens and a security system. A stone's throw from Bill Cash Memorial Park's sporting facilities and the upgraded Murarrie Recreation Reserve, this incredible property is near a plethora of shops and dining options. The Minnippi Golf Course, Seven Hills Bushland Reserve's scenic walking tracks and Bulimba's fashionable attractions are minutes away. Falling within the Cannon Hill State School and Balmoral State High School catchment areas, this spectacular residence is also a short distance from Cannon Hill Anglican College, Saint Oliver Plunkett Primary School and Lourdes Hill College. Do not delay call to arrange an inspection today.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
76 m²
Listed
2 months ago

Repayment calculator

$4,305/month
$2,152 /fortnight
Loan $710,400 at 6.10% over 30 years

Upfront costs

Deposit$177,600
Stamp duty$32,985
Conveyancing (est.)$2,000
Total upfront$212,585
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 2-bedroom apartment in Cannon Hill, QLD 4170 sits within reach of public transport, local shops and nearby schools. It is listed 32% below the $1.30m 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

  • Wynnum Rd at Archives, stop 33 (bus)62 m away
  • Cannon Hill Sea Change100 m away
  • Unnamed590 m away
  • Unnamed799 m away
  • Winton Crescent Park952 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.

Due diligence

Property Report

Future Development

Complete

Cannon Hill is experiencing steady infill development driven by land releases from industrial consolidation and brownfield remediation, alongside modest residential densification targeting entry-level and investor markets. Local amenity improvements and commercial precinct activation reflect Brisbane City Council's focus on suburban centres along established transport corridors. Development activity remains moderate, reflecting the suburb's transitional character between industrial heritage and residential-led renewal.

Nearby projects

5

Closest

0.5 km

Cannon Hill Business Park expansion

500m1km1.5km2kmCannon Hill Business Park expansion — 0.5 kmLocal amenity upgrades - Cannon Hill Park — 0.8 kmResidential infill - Varley Street precinct — 1.2 kmMulti-unit residential - Wecker Road corridor — 1.5 kmIndustrial consolidation and site remediation — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Cannon Hill Business Park expansion

0.5 km
Mixed-use commercial/retailUnder construction

Local commercial precinct redevelopment with retail, office and light industrial uses along key arterial corridors.

2024

500 m

Local amenity upgrades - Cannon Hill Park

0.8 km
InfrastructureProposed

Council-led park renewal including playground upgrades, drainage improvements and green space enhancement.

2024-2025

800 m

Residential infill - Varley Street precinct

1.2 km
Residential subdivisionApproved

Medium-density townhouse and villa development on former industrial/underutilised land near transport corridors.

2025

1.2 km

Multi-unit residential - Wecker Road corridor

1.5 km
Apartment buildingUnder construction

3-4 storey apartment complex targeting first-home buyers and investor market within walking distance of schools.

2025

1.5 km

Industrial consolidation and site remediation

2 km
Mixed-useProposed

Staged conversion of legacy industrial sites to mixed residential-commercial use with contamination remediation.

2025-2026

2.0 km
Source: StMate AI — QLD development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Cannon Hill price trend

Median sold · Unit 2 bed

Compound growth +15.7% / yr over 4 yrs

$825kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Cannon Hill market

This listing

Price history

Price history

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