Cannon Valley
A household income at the 91.5th percentile nationally is the standout fact about Cannon Valley, a small QLD suburb of 1,131 residents with a density of just 68.6 people per square kilometre. Every single dwelling is a separate house, and 69.1% have four or more bedrooms, making this one of the most consistently large-house markets in the region. Family structure reflects that scale: average household size of 3.0 is 0.5 above the national figure, and 52.1% of families are couples with children. Despite the high incomes, median house prices sit around $578,000, placing buyers in a genuinely affordable position compared to major metro markets.
Population
1,131
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$2,440/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$578K
Estimated from rent (2025)
At a median house price of $578,000, Cannon Valley presents a clear affordability case relative to QLD metro benchmarks and well below national capital city medians. Monthly mortgage repayments run around $2,000, and the mortgage-to-income ratio of 18.9% sits comfortably below the 30% stress threshold, meaning even the typical household carries debt at a manageable level. All 100% of dwellings are separate houses, and 69.1% have four or more bedrooms, so buyers get generous space as standard rather than by exception. The high 55.1% mortgage rate among occupiers signals this is an active buying market, while 32.8% own outright, suggesting an established base of long-term residents alongside recent purchasers.
For Buyers
At a median house price of $578,000, Cannon Valley presents a clear affordability case relative to QLD metro benchmarks and well below national capital city medians. Monthly mortgage repayments run around $2,000, and the mortgage-to-income ratio of 18.9% sits comfortably below the 30% stress threshold, meaning even the typical household carries debt at a manageable level. All 100% of dwellings are separate houses, and 69.1% have four or more bedrooms, so buyers get generous space as standard rather than by exception. The high 55.1% mortgage rate among occupiers signals this is an active buying market, while 32.8% own outright, suggesting an established base of long-term residents alongside recent purchasers.
For Investors
The rental market here is thin by design: only 12.2% of households rent, compared to much higher renter shares in urban QLD suburbs. Weekly rent of $470 against a $578,000 median implies a gross yield around 4.2%, reasonable for a low-density regional suburb. The vacancy rate of 5.9% is elevated, indicating some softness in rental demand that investors should weigh carefully before relying on immediate occupancy. No development applications were lodged in the past 12 months, so new supply is not a short-term pressure. Income levels at the 91.5th percentile nationally suggest the suburb attracts working households with genuine purchasing power, which supports future owner-occupier demand more than rental volume.
Demographics
The median age of 39 sits 1.0 year below the national figure, making the population slightly younger than average. Overseas-born residents account for 16.2% of the population, which is 5.4 points below the national proportion, and English, Irish and Scottish ancestries collectively dominate at well over half of all residents. University qualifications reach just 20.0% of the population, which is 10.1 points below national, consistent with an industrial and trade-based workforce profile. Average household size of 3.0 is 0.5 above national, reflecting the prevalence of couple-with-children families at 52.1% of all family units. Volunteering runs at a healthy 17.3%, and only 3.2% of residents need daily assistance.
Age Distribution
Bedrooms
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
Cannon Valley's housing stock is unusually uniform: 100% separate houses with no apartments or semi-detached dwellings recorded. The bedroom distribution skews heavily toward larger homes, with 69.1% having four or more bedrooms and only 7.5% having two bedrooms, which is far above the national average for large-home concentration. Ownership is split between 32.8% who own outright and 55.1% who carry a mortgage, with renters at just 12.2%, well below QLD state averages. Housing stress indicators are low: mortgage-to-income sits at 18.9% and rent-to-income at 19.3%, both comfortably below the 30% stress threshold. The median house price of $578,000 represents solid value given the income base at the 91.5th percentile.
Mortgage / mo
$2,000
Rent / wk
$470
HH Size
3.0
Personal Income / wk
$1,003
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.9%
Unoccupied
22
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
18.9%
Community Profile
Ancestry
Household Composition
25.9%
Couples, no children
904
Total families
Economy & Employment
Construction leads the employment base at 13.7% of workers (56 people), followed by Healthcare at 11.7% (48) and Education at 11.0% (45), then Mining at 10.3% (42) and Transport at 7.3% (30). The mining component is notable for a suburb of this size, reflecting proximity to regional resource operations typical of coastal QLD. By occupation, Professionals (97) and Managers (91) are the top two groups, consistent with the above-average income levels. Full-time employment runs at 65.9% and unemployment is low at 2.9%, below typical national figures. Labour force participation of 67.5% is solid, with 191 part-time workers providing a flexible secondary income layer for many households.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
65.9%
Part-time
31.2%
Participation
67.5%
Employed
560
Occupations
Top Industries
University
20.0%
Postgraduate
3.5%
Born Overseas
16.2%
Dwellings
345
Transport to Work
Transport in Cannon Valley is almost entirely car-dependent: 90.1% of residents drive, and only 2.1% use public transport, compared to higher transit use in urban centres. Walking and cycling account for 1.8% of commutes. No schools are recorded inside the suburb boundary, so families rely on schools in surrounding Whitsunday area communities. Crime data is not available for this suburb. The rent-to-income ratio of 19.3% is well below the national stress threshold, and with housing stress indicators low across both tenure types, residents retain meaningful disposable income. The suburb's low density of 68.6 people per square kilometre and 100% detached housing stock reflect a lifestyle oriented around space, privacy and outdoor access typical of coastal QLD communities.
Drive
90.1%
Public Transport
2.1%
Walk / Cycle
1.8%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Cannon Valley compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Cannon Valley a good suburb to live in?
Cannon Valley suits families wanting space and high incomes relative to housing costs. Household income sits at the 91.5th percentile nationally, while the mortgage-to-income ratio is only 18.9%. All dwellings are separate houses, and 69.1% have 4 or more bedrooms. The main trade-off is near-total car dependence, with 90.1% of residents driving and just 2.1% using public transport.
What is the median house price in Cannon Valley?
The estimated median house price is $578,000, based on 2025 rental data. Monthly mortgage repayments average around $2,000, and the mortgage-to-income ratio of 18.9% is well below the 30% stress threshold, making it accessible for households in the area's above-average income bracket.
What schools are in Cannon Valley?
No schools are recorded inside the Cannon Valley suburb boundary in this dataset. Families rely on schools in neighbouring Whitsunday area suburbs. The local population has a university qualification rate of 20.0%, which is 10.1 points below the national figure, reflecting the trade and industry-focused workforce.
Is Cannon Valley safe?
Crime statistics are not available for Cannon Valley in this dataset. Indirect indicators suggest a stable community: unemployment is low at 2.9%, housing stress is minimal with mortgage-to-income at 18.9%, and only 3.2% of residents (34 people) need daily assistance. The residential turnover rate of 25.6% suggests a reasonably settled population.
Is Cannon Valley good for property investment?
Weekly rent of $470 against a $578,000 median implies a gross yield around 4.2%, reasonable for a regional suburb. However, the vacancy rate of 5.9% signals some softness in rental demand, and the renter pool is small at just 12.2% of households. Income levels at the 91.5th percentile nationally support owner-occupier demand more than rental volume.
How is Cannon Valley's population changing?
Cannon Valley has 1,131 residents across 16.5 square kilometres. The residential turnover rate is 25.6%, meaning roughly 1 in 4 households changed in the census period, while 74.4% of residents stayed, indicating a stable base. No formal population forecast data is available, but the high-income, family-oriented profile supports steady long-term demand.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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