Real Estate Condon Qld 4815

Real Estate Market: Is Condon QLD 4815 a Good Suburb to Buy Into?

Housing Market in Condon

Key Condon Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Townsville	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$520	Bottom 31%	165% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Condon

Condon Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Condon

34.0%

Townsville

35.4%

Compare
Suburbs

Field	Value	VS Townsville	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator	6.4	Top 27%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	5	Top 24%	400% to Feb 2025

Housing Stock Quality in Condon

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Townsville	Trend
Houses	91.8%	Bottom 22%	2% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	11% to Jan 2021
NBN connection: fibreoptic cable to node	95.5%	Top 2%	Data for Jun 2023

Development Restrictions in Condon

Condon Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Condon

36.0%

Townsville

38.1%

Compare
Suburbs

Field	Value	VS Townsville	Trend
Total area	8.3 sq km	Top 49%	Data for Jan 2021
Heritage sites total area	0.0 sq km	Bottom 39%	Data for Jun 2023
Residential density	1070 sqm per resident	Bottom 45%	Data for Jan 2021

Risk in Condon

Condon Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Condon

48.0

Townsville

46.1

Compare
Suburbs

Field	Value	VS Townsville	Trend
% Owner Occupied	86.0%	Bottom 30%	5% to May 2023
% Rentals	14.0%	Top 30%	24% to May 2023
Housing Affordability Index	20	Bottom 10%	Data for Jun 2023
Median monthly mortgage	$2,150	Top 37%	46% to May 2023
Rent Affordability Index (Houses)	82	Top 24%	Data for Jun 2023
Rent Affordability Index (Units)	76	Top 49%	Data for Jun 2023
Mortgage as a percent of income	22.4%	Top 49%	26% to Jan 2021
Mortgaged Dwellings	32.4%	Bottom 32%	9% to May 2023

Housing Demand in Condon

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Condon

68.4%

Townsville

62.0%

Compare
Suburbs

Field	Value	VS Townsville	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	12000	Top 35%	9% to Dec 2046
Historical Population (SA3)	201000	Top 2%	41% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	224000	Top 6%	57% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Condon

Condon Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Townsville	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$404	Bottom 26%	137% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	67.3%	Bottom 34%	24% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Townsville

Median House Rental Prices by Street (25)

Level_0	Street	Date	Median rent (per week)
122250	Gannet Cr	13 Mar 2025	$450
122199	Eider Ct	13 Mar 2025	$455
122198	Egret Cr	13 Mar 2025	$520
122355	Jacana Cr	13 Mar 2025	$500
122354	Jabiru Ave	13 Mar 2025	$420

Realtors (2)

Headline	Place	Datetime
Bush to Beach Real Estate Pty Ltd	17/ 184-188 Vickers Rd North
I and K J Garcia	3 Swallow St

Accommodation Options (1)

Headline	Place	Datetime
Riverway Point Apartments	38 Gregory St

Percent of Renters by Street (100)

Percent of Renters	Street
0.0%	Bannock Cr
0.0%	Andrew Cr
0.0%	Argyle Ave
30.6%	Bellbird St
0.0%	Bowhunters Rd

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
17.6%	Rivergum Ct	very tightly held	Every 56.7 years (very tightly held)	2025
25.0%	Condor Dr	very tightly held	Every 40.0 years (very tightly held)	2025
100.0%	Kirkland Ave	high turnover	Every 10.0 years (high turnover)	2025
55.6%	Electus St	quite tightly held	Every 18.0 years (quite tightly held)	2025
42.7%	Riverway Dr	very tightly held	Every 23.4 years (very tightly held)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Gouldian Ave	10 May 2024	$344,000
Gregory St	10 May 2024	$278,000
Bridgewater Dr	10 May 2024	$373,800
Gollogly Ln	10 May 2024	$299,500
Gannet Cr	10 May 2024	$300,000

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
154 Pinnacle Dr	$575,000	4.0	2.0	2.0	26 Feb 2025	On Market
15 Ruth Ct	$586,000	3.0	2.0	2.0	20 Feb 2025	On Market
16 Kookaburra Ct	Price Withheld	3.0	1.0	1.0	14 Feb 2025	On Market
7 Goldcrest Ct	$550,700	4.0	2.0	2.0	10 Feb 2025	On Market
1 Gibbard St	$500,000	4.0	1.0	2.0	28 Jan 2025	On Market

Planning Applications: Other (5)

Headline	Place	Date
Minor Change to Approval - Minor Change to Development Approval associated with MI17/0014 - Conditions 8, 9, 11, 12, 13, 14, 16 - Townsville City Council MCU22/0001.04	Riverway Drive Condon QLD 4815	19 Jul 2024
Referral Agency Response - Building Act - Garage within Secondary Frontage Setback - Townsville City Council CAR24/0112	29 Malabar Street Condon QLD 4815	29 Mar 2024
Certificate of Compliance - Certificate of Compliance - Conditions 2 & 3 - Amended Drawings and Stormwater Drainage associated with OPW23/0022 - Brookstone Stage 4B - Townsville City Council OPW23/0022.02	50 Limestone Crescent Condon QLD 4815	18 Oct 2023
Certificate of Compliance - Certificate of Compliance - Pavement Design - Brookstone on the Park Stage 3B and Stage 4A associated with OP14/0105 - Townsville City Council OPW21/0079.01	8 Halstone Street Condon QLD 4815	13 Sep 2022
Referral Agency Response - Building Act - Carport within Side Setback - Townsville City Council CAR20/0475	53 Currawong Street Condon QLD 4815	06 Dec 2020

Planning Applications: Dwellings (1)

Headline	Place	Date
Referral Agency Response - Building Act - Dwelling within Front Setback - Townsville City Council CAR20/0308	5 Limestone Crescent Condon QLD 4815	30 Aug 2020

Median Unit Sale Prices by Street (93)

Date	Median sale value	Street
10 May 2024	$292,500	South Vickers Rd
10 May 2024	$875,000	Riverway Dr
10 May 2024	$275,000	Gregory St
31 May 2024	308500.0	Claret Cl
31 May 2024	276250.0	Gregory St

Businesses (16)

Name	Address
Rabbit Concreting PTY Ltd.	3 Music Ct, Condon QLD 4815, Australia
Henning Electrical & Instrumentation	29 Teal St, Condon QLD 4815, Australia
Bush to Beach Real Estate Pty Ltd
Superior Patio Systems
I and K J Garcia Pty Ltd	3 Swallow St, Condon QLD 4815, Australia

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 24 Limestone Cr	$340	1.0	1.0	1.0	13 Dec 2024
Unit 2, 24 Limestone Cr	$340	1.0	1.0	1.0	13 Dec 2024
Unit 2, 24 Limestone Cr	$340	1.0	1.0	1.0	13 Dec 2024
Unit 2, 24 Limestone Cr	$340	1.0	1.0	1.0	13 Dec 2024
Unit 2, 24 Limestone Cr	$340	1.0	1.0	1.0	13 Dec 2024

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
5 Goldfinch Ct	$450	3	1	1	06 Mar 2025
5 Goldfinch Ct	$450	3	1	1	06 Mar 2025
18 Jabiru Ave	$490	4	1	2	04 Mar 2025
18 Jabiru Ave	$490	4	1	2	04 Mar 2025
18 Jabiru Ave	$490	4	1	2	04 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 1, 15 Chardonnay Dr	$380,000	3.0	2.0	2.0	03 Dec 2024	On Market
Unit 1, 15 Chardonnay Dr	$380,000	3.0	2.0	2.0	03 Dec 2024	On Market
Unit 1, 15 Chardonnay Dr	Price Withheld	3.0	2.0	2.0	03 Dec 2024	On Market
Unit 1, 15 Chardonnay Dr	Price Withheld	3.0	2.0	2.0	03 Dec 2024	On Market
Unit 1, 15 Chardonnay Dr	Price Withheld	3.0	2.0	2.0	03 Dec 2024	On Market

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