Cannon Hill vs Murarrie
Murarrie (median $1,075,000) is roughly 24% cheaper to buy into than Cannon Hill ($1,410,500).
Buying in Cannon Hill or Murarrie?
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Cannon Hill and Murarrie side by side
| Measure | Cannon Hill | Murarrie |
|---|---|---|
| Price and market | ||
| Median house | $1,410,500 | $1,075,000 |
| Median unit | $620,000 | $795,000 |
| Renting | ||
| House rent | $780/wk | $650/wk |
| Unit rent | $680/wk | $450/wk |
| Owner occupied | 60.0% | 62.0% |
| Renter occupied | 38.0% | 37.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1094 | 1068 |
| Lifestyle and people | ||
| Walk score | 68 | 8 |
| Transit score | 60 | 0 |
| Bike score | 100 | 100 |
| Population | 6,701 | 4,946 |
| Median age | 34 | 35 |
| Climate | ||
| Annual rainfall | 978 mm | 978 mm |
| Mean max, January | 29.7°C | 29.7°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Cannon Hill scores higher on walkability (68/100 vs 8/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cannon Hill (1094) sits above Murarrie (1068).
- For buyers
- Murarrie is the lower entry point at $1,075,000 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Murarrie offers the higher gross rental yield (3.14% vs 2.88%), favouring cash-flow investors.
- For families
- Cannon Hill edges out on average school ICSEA (1094 vs 1068).
Cannon Hill vs Murarrie: common questions
Is Cannon Hill or Murarrie cheaper to buy in?
Murarrie has the lower median house price at $1,075,000, roughly 24% below Cannon Hill ($1,410,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cannon Hill or Murarrie have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cannon Hill scores 1094 vs 1068 in Murarrie. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Cannon Hill or Murarrie?
Cannon Hill scores 68/100 on walkability vs 8/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Cannon Hill or Murarrie?
Gross rental yield on houses is 3.14% in Murarrie vs 2.88% in Cannon Hill. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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