Question 1

Is Conder a nice place to live?

Accepted Answer

Conder sits on rolling hills in the Lanyon Valley, with bushland reserves and walking trails that lead toward the Murrumbidgee River corridor and the historic Lanyon Homestead. Streets are mostly modern brick family homes, many on quiet cul-de-sacs, with pockets of townhouses and low-rise units. The suburb suits families and professionals who value outdoor life, playgrounds, community sports fields and neighbourhood shops, and public buses link to the Tuggeranong town centre. Elevated sites also provide broad outlooks across the valley and surrounding ridgelines.

About 5,108 people live in Conder, with a median age of 37 and a median household weekly income of $2,574. Household life is centred on couples: couple families with children are the largest group at 49.7%, and together with couple families without children they make up just over four in five households (82.1%). About four in five homes are owner-occupied while 18.0% are rented. A new South Tuggeranong Health Centre is under construction and planned to house a range of community services, the Lake Tuggeranong foreshore has been upgraded, and there has been community consultation on proposed improvements to Lanyon Marketplace. Whether Conder suits you depends on the mix of outdoor amenity, established housing and household profile you want.

Question 2

Is it expensive to live in Conder?

Accepted Answer

In Conder, buying a house sits above what local households earned at the last Census. The median house price of $830,000 is about 6.2 times a typical local household's annual income as recorded at the most recent Census, which puts buying in the well above local incomes band.

Renting a house looks more moderate by comparison. A house rent of $680 a week would be roughly 26.4% of a typical local household's weekly income at the last Census, a moderate share, so on these figures renting appears more manageable than buying for many people.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Conder a good place to invest?

Accepted Answer

Over the past 12 months in Conder the house market moved solidly: median house values rose 7.2% and house rents increased 7.9%. The value change relates to capital growth while the rent change relates to rental income, and here rents have edged slightly ahead of prices, so the income a house earns rose a touch faster than its capital value over the year.

If rental income is your priority, the house rent figure is the one to watch; if capital growth matters more, focus on the house value change. Whether that balance suits you will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$830K	N/A
Change in value Past 12 months	7.2%	N/A
Sold Past 3 months	15	1
Median days on market Past 12 months	29	N/A
Average rent Past 12 months	$680	N/A
Change in rent Past 12 months	7.9%	N/A

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