Cannonvale

Cannonvale lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, the population of the Cannonvale statistical area (Lv2) is estimated at around 7,791 people. This reflects an increase of 1,195 people since the 2021 Census, which reported a population of 6,596 people. The change is inferred from the resident population of 7,557 as estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024, along with an additional 103 validated new addresses since the Census date. This level of population equates to a density ratio of 1,048 persons per square kilometer. Cannonvale's population growth since the 2021 census exceeded that of its SA4 region (7.8%) and the non-metro area, marking it as a growth leader in the region. Overseas migration contributed approximately 57.99999999999999% of overall population gains during recent periods, with all drivers including natural growth and interstate migration being positive factors.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area as released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted, applying proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort. By 2041, a significant population increase is forecasted for Cannonvale (SA2), with an expected growth of 2,636 persons reflecting an increase of 28.5% over the 17 years.

AreaSearch assessment of residential development activity positions Cannonvale among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Cannonvale recorded around 58 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, approximately 293 homes were approved, with an additional 29 approved in FY-26 so far. Each dwelling built over these years gained an average of 3 new residents per year, indicating solid demand supporting property values.

New homes are being constructed at an average value of $1,982,000, targeting the premium market segment with higher-end properties. This financial year has seen $80.6 million in commercial development approvals, suggesting robust local business investment. Compared to the rest of Qld, Cannonvale records elevated construction activity, maintaining good buyer choice while supporting existing property values, though building activity has slowed in recent years.

New development consists of 62% detached dwellings and 38% medium and high-density housing, offering choices across price ranges from spacious family homes to compact options. With around 217 people per dwelling approval, Cannonvale shows a developing market. Looking ahead, AreaSearch estimates Cannonvale's population will grow by 2,222 residents through to 2041, with development keeping pace with projected growth, though buyers may face increasing competition as the population expands.

Cannonvale has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 18 projects that could impact this region. Notable ones include Cannonvale Business Park, Whitsunday Emergency Services Hub, Cannonvale Community Hub, and Cannonvale Manufacturing Precinct. The following list details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Cannonvale rank among the top 10% of areas assessed nationally

Cannonvale has a skilled workforce with prominent tourism and hospitality sectors. Its unemployment rate was 2.0% in the past year, with an estimated employment growth of 5.1%.

As of September 2025, 4,494 residents are employed, while the unemployment rate is 2.1% lower than Rest of Qld's rate of 4.1%. Workforce participation is high at 68.5%, compared to Rest of Qld's 59.1%. Dominant employment sectors include accommodation & food, retail trade, and construction. Cannonvale has a notable concentration in accommodation & food, with employment levels at 2.3 times the regional average.

However, health care & social assistance is under-represented, with only 8.2% of Cannonvale's workforce compared to 16.1% in Rest of Qld. The area appears to offer limited local employment opportunities based on Census data. Over the 12 months to September 2025, employment increased by 5.1%, while labour force increased by 4.9%, reducing the unemployment rate by 0.2 percentage points. In comparison, Rest of Qld recorded employment growth of 1.7% and a rise in unemployment by 0.3 percentage points. State-level data to 25-Nov shows Queensland's employment contracted by 0.01%, with an unemployment rate of 4.2%. Jobs and Skills Australia forecasts national employment to expand by 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between sectors. Applying these projections to Cannonvale's employment mix suggests local employment should increase by 5.6% over five years and 11.9% over ten years.

Income levels sit below national averages according to AreaSearch assessment

Cannonvale suburb has a median taxpayer income of $49,173 and an average income of $63,048 based on latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, with Rest of Qld having a median income of $53,146 and average income of $66,593. By September 2025, estimated incomes would be approximately $54,046 (median) and $69,296 (average), considering Wage Price Index growth of 9.91% since financial year 2023. According to the 2021 Census, personal income ranks at the 63rd percentile ($873 weekly), while household income is at the 44th percentile. The income bracket $1,500 - 2,999 captures 36.8% of Cannonvale's community (2,867 individuals). Housing affordability pressures are severe, with only 81.9% of income remaining after housing costs, ranking at the 41st percentile. The suburb's SEIFA income ranking places it in the 4th decile.

Cannonvale displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Cannonvale's dwelling structure, as per the latest Census, comprised 58.1% houses and 41.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Qld had 74.7% houses and 25.3% other dwellings. Home ownership in Cannonvale was at 20.9%, with the rest either mortgaged (33.0%) or rented (46.1%). The median monthly mortgage repayment was $1,713, above Non-Metro Qld's average of $1,700. The median weekly rent was $360, compared to Non-Metro Qld's $350. Nationally, Cannonvale's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.

Cannonvale features high concentrations of group households, with a fairly typical median household size

Family households comprise 66.7% of all households, including 24.7% couples with children, 28.9% couples without children, and 12.3% single parent families. Non-family households make up the remaining 33.3%, with lone person households at 26.7% and group households comprising 6.7%. The median household size is 2.4 people, which matches the Rest of Qld average.

Educational attainment in Cannonvale aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 18.9%, significantly lower than Australia's average of 30.4%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 14.2%, followed by postgraduate qualifications (2.9%) and graduate diplomas (1.8%). Vocational credentials are prominent, with 46.5% of residents aged 15+ holding them - advanced diplomas at 12.9% and certificates at 33.6%.

Educational participation is high, with 30.2% of residents currently enrolled in formal education. This includes 11.8% in primary education, 8.8% in secondary education, and 2.5% pursuing tertiary education.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Cannonvale has 18 active public transport stops. These are served by buses on two routes, offering a total of 679 weekly passenger trips. The transport system is considered accessible, with residents living an average of 327 meters from the nearest stop.

On average, there are 97 trips per day across all routes, which equates to about 37 weekly trips per individual stop.

Cannonvale's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Cannonvale with very low prevalence of common health conditions across all age groups.

The rate of private health cover is approximately 52% of the total population (~4,066 people), leading that of the average SA2 area. The most common medical conditions in the area are mental health issues and asthma, impacting 7.7 and 6.6% of residents respectively. 75.2% of residents declare themselves completely clear of medical ailments compared to 73.3% across Rest of Qld. The area has 12.6% of residents aged 65 and over (981 people), which is lower than the 15.4% in Rest of Qld. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.

In terms of cultural diversity, Cannonvale records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Cannonvale's cultural diversity was found to be above average, with 9.1% speaking a language other than English at home and 24.2% born overseas. Christianity was the main religion in Cannonvale, comprising 39.6%. Judaism, however, was overrepresented at 0.1%, compared to 0.1% across Rest of Qld.

The top three ancestry groups were English (32.2%), Australian (25.7%), and Irish (8.1%). Notably, New Zealanders were overrepresented at 1.3%, French at 0.7%, and Maori at 1.0%.

Cannonvale's population is slightly younger than the national pattern

Cannonvale has a median age of 36, which is lower than both Queensland's figure of 41 and Australia's figure of 38 years. Compared to Queensland's average, Cannonvale has an over-representation of the 25-34 age group at 18.6%, while the 75-84 age group is under-represented at 3.6%. Between 2021 and now, the 25-34 age group has increased from 16.1% to 18.6% of the population. Conversely, the 45-54 age group has decreased from 13.8% to 12.2%, and the 5-14 age group has dropped from 12.6% to 11.3%. By 2041, demographic modeling suggests Cannonvale's age profile will change significantly. The 25-34 age cohort is projected to expand by 688 people (48%), growing from 1,449 to 2,138. Meanwhile, the 15-24 age group is expected to grow by a modest 3% (23 people).