Cannonvale
A Diverse Residential Market.
Our local suburb profiles are designed to help you shortlist areas, not replace property-specific due diligence.
Best Suited To
- Family home buyers
- Fixed-tenancy investors
- First home buyers
- Interstate relocators
- Buyers seeking value relative to Airlie Beach
Property Types
- Units & townhouses
- New & established homes
- Vacant land
What We Like
- Broad range of property types
- Strong owner-occupier appeal
- Relative affordability compared with Airlie Beach
- Schools, shopping and services nearby
- Strong long-term rental demand
Things To Consider
- Performance varies by location and property type
- Old and New Cannonvale attract different buyer profiles
- Holiday letting more limited than Airlie Beach
Less Suited To
- Primarily holiday-let investors
- Acreage buyers
Independent local perspective
WPB View
Cannonvale is one of the region’s most diverse residential markets, with established homes, newer estates, townhouses and apartments attracting different buyer profiles. Its schools, shopping and services support strong owner-occupier appeal, while relative affordability compared with Airlie Beach broadens its buyer base. Property selection still matters - location, elevation, age, views and the distinction between Old and New Cannonvale can materially affect buyer demand and resale appeal.
WPB editorial opinion · September 2026
Historical market snapshot
September 2026 price snapshot
Median price | PriceFinder, September 2026
- House
- $876,000
- Unit
- $495,000
Median prices reflect properties transacted during the period, not individual property capital growth. Small sales volumes can affect medians. Figures are historical snapshots, not live valuations.
WPB purchase spotlight
25-27 Woodwark Cres, Cannonvale
OFF-MARKET PURCHASE
Purchased
$1,250,000
- Buyer
- Owner Occupier
- Goal
- A home that feels like a treehouse
- Challenge
- Busy local business owner with limited availability for inspections
- Outcome
- Secured architecturally designed home on approx. ¾ acre with ocean views
Why WPB liked it
- Two titles
- Distinctive architecture
- North-east aspect
- Cul-de-sac
- Existing STA approval
Source: WPB September 2026 Buyers Guide. This is an individual historical purchase, not a promise of comparable outcomes. Property features and approvals describe the purchase case, not their current status.
Source: WPB September 2026 Buyers Guide, individual suburb profiles. Suitability assessments are WPB editorial opinion. Drive times to Airlie Beach are approximate.
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