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5 Barnes Place, Cannonvale$900,000
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Soldhouse

5 Barnes Place

Cannonvale, QLD 4802, Australia
$900,000
6 bed 2 bath 4 car800 m²

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About this property

New to the market, this outstanding dual-income property is set on a generous 800sqm block in the heart of Central Cannonvale. Offering a partially renovated duplex with excellent rental potential, this is an ideal opportunity for investors seeking strong returns and immediate cash flow. Alternatively, it's perfectly suited to multi-generational families wanting space, flexibility, and the convenience of living together while maintaining privacy. With duplex properties continuing to grow in popularity among savvy investors, this property represents a smart addition to any portfolio or a strategic entry into the market. Key Investment Highlights: Potential Weekly Rental Income: Unit 1 is currently tenanted at $500 per week. Unit 2, freshly renovated is currently tenanted at $600 per week - a combined return of $1,100 per week. No strata or body corporate fees maximise your returns without the extra costs. Each Unit Features: Three generously sized bedrooms, with a private balcony off the master Well-appointed bathroom with separate shower and bath Open-plan kitchen, living and dining area ideal for relaxed living and entertaining Large, fully fenced backyard perfect for families, pets, and outdoor enjoyment Ceiling fans throughout for year-round comfort Additional Property Highlights: No body corporate fees Council rates approximately $3,372 per half-year Unit 2 recently refreshed with full internal repaint, new ceiling fans, updated lighting, kitchen upgrades and air-conditioning Expansive 800sqm block offering excellent outdoor space and added appeal Conveniently located close to schools, shops, and public transport Whether you're searching for a high-performing investment with growth potential or a spacious property to accommodate extended family living, this versatile duplex delivers on both lifestyle and financial opportunity. Don't miss your chance to secure this exceptional property.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
6
Bathrooms
2
Parking
4
Land Area
800 m²
Listed
3 months ago

Repayment calculator

$4,363/month
$2,182 /fortnight
Loan $720,000 at 6.10% over 30 years

Upfront costs

Deposit$180,000
Stamp duty$33,525
Conveyancing (est.)$2,000
Total upfront$215,525
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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 Cannonvale

This 6-bedroom house in Cannonvale, QLD 4802 sits within reach of public transport, local shops and nearby schools. It is listed 29% above the $695,000 median of 69 comparable houseswithin 5 km.

Schools near Cannonvale

  • Whitsunday Christian Collegecombined · Prep-12 · CoEd
  • Cannonvale State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Shute Harbour Rd at Macarthur Dr (bus)326 m away
  • Artisan Bakehouse685 m away
  • Unnamed101 m away
  • Unnamed122 m away
  • Tropic Park320 m away

Cannonvale at a glance

Full suburb profile
Population
6,596
Median age
37
Household income
$1,639/wk
Median rent
$360/wk
Median mortgage
$1,713/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cannonvale price trend

Median sold · House 4 bed

Compound growth +12.1% / yr over 4 yrs

$942kcurrent median

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