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Condon suburb profile

Condon is a suburban area located in the city of Townsville, Queensland, offering a relaxed lifestyle with a strong sense of community. Situated approximately 14km southwest of the Townsville CBD, Condon is known for its family-friendly environment and access to essential amenities. The suburb features a mix of residential properties, including modern homes and established houses, catering to diverse housing needs. Condon is well-serviced by local schools, parks, and shopping centers, providing convenience for residents. Its proximity to the Ross River and recreational facilities makes it an attractive option for those seeking a balanced lifestyle in a suburban setting.

Condon property market performance

Current median dwelling price$502,500Past 3 months

Property growth+23.4%Past 12 months

Condon's property market has experienced significant growth over the past 12 months, with house values increasing by 22.4%. The current median house price stands at $620,000. Although unit values have risen by 24.4%, the median unit price remains at $0, indicating limited sales activity in this segment.

In the past 12 months, 28 houses and only 2 units were sold, highlighting a stronger demand for houses. Houses are selling rapidly, with a median of just 11 days on the market, while units have not seen significant activity.

The rental market in Condon has also seen notable changes, with house rents increasing by 12.5% to an average of $540, and unit rents rising by 4.4% to $470, reflecting a robust demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$620KN/A
Change in value
Past 12 months
22.4%24.4%
Sold
Past 3 months
282
Median days on market
Past 12 months
11N/A
Average rent
Past 12 months
$540$470
Change in rent
Past 12 months
12.5%4.4%

5 year median price trend for houses and units

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Condon demographics

Condon, located in the Townsville region of Queensland, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 5,894, Condon is characterized by a median age of 39, indicating a mature community with a mix of families and long-term residents. The suburb's family-friendly environment is evident, with 34.2% of households being couple families with children, and 42.9% being couple families without children, reflecting a balanced demographic.

The housing landscape in Condon is diverse, with a significant portion of properties being owned outright (28.8%) or with a mortgage (33.5%). This suggests a stable community with a strong sense of home ownership. However, there is also a notable rental market, with 37.7% of properties being rented, catering to those seeking flexibility or temporary residence in the area. The median total household income of $1,336 per week aligns with the national average, supporting a comfortable lifestyle for its residents.

Condon is well-suited for families, with 21.6% of households being one-parent families, indicating a supportive environment for diverse family structures. The suburb's proximity to schools, parks, and shopping centers makes it an attractive option for those seeking a suburban lifestyle with convenient access to essential services. Overall, Condon offers a harmonious blend of community spirit, affordability, and accessibility, making it a desirable place to call home in the Townsville region.

Condon infrastructure, key developments and investment opportunities

Condon benefits from proximity to major amenities such as Willows Shopping Centre, the Riverway precinct and Ross River, which continue to underpin its appeal for families and investors by offering retail, recreation and waterfront lifestyle options close by.[3][8] Easy access to the Townsville Ring Road provides convenient links to key employment hubs including the hospital, university and Lavarack Barracks, supporting ongoing demand from health, education and defence workers.[3] Local schools and childcare centres are located within a short drive, reinforcing Condon’s positioning as a practical, family-friendly suburb.[3]

Recent population growth and strong median price increases over the past year indicate rising demand, which is likely influenced by Condon’s access to jobs, services and transport rather than any single flagship infrastructure project.[5][9] There are currently no widely publicised new infrastructure or major redevelopment projects specific to Condon beyond broader Townsville corridor upgrades, so near-term property dynamics are expected to be driven mainly by its existing amenity, connectivity and relative affordability.[3][8]

Condon rental market trends

The rental market in Condon has experienced notable growth, with house rents increasing 12.5% over the past year to $540 per week, while unit rents have seen a more modest rise of 4.4% to $470 per week. This growth reflects the suburb's appeal and potential for both renters and investors seeking opportunities in the region.

Suburbs near Condon

Some popular suburbs near Condon include:

How does Condon compare to nearby suburbs?

  • Median house prices: Condon’s median house price is 0.3% higher than Rasmussen’s.
  • Median unit prices: Condon’s median unit price is 4.9% lower than Kirwan’s.
  • House price growth: Over the past 12 months, house prices in Condon have grown 2.6% higher than in Rasmussen.
  • Unit price growth: Over the past 12 months, unit prices in Condon have grown 14.8% higher than in Thuringowa Central.
  • Selling speed for houses: Properties in Condon are selling 35.3% faster than in Rasmussen.

Common questions about Condon

  • Is Condon a nice place to live?

    Condon is a charming suburb that offers a delightful blend of suburban tranquility and accessibility to urban amenities, making it a wonderful place to live. Known for its relaxed lifestyle and strong community spirit, Condon is a haven for families seeking a peaceful environment with all the conveniences of modern living. The suburb is nestled near the Ross River, providing residents with beautiful natural surroundings and ample opportunities for outdoor activities such as walking, cycling, and picnicking. With local schools, parks, and shopping centers close by, Condon ensures that families have everything they need within easy reach.

    The vibe in Condon is one of warmth and friendliness, with a diverse mix of modern and established homes catering to various housing preferences. This diversity adds to the suburb's appeal, attracting both long-term residents and newcomers alike. Safety is generally not a major concern, contributing to the suburb's family-friendly reputation. While Condon may not have the bustling nightlife of a city center, it compensates with its serene atmosphere and community-focused lifestyle.

    For families, Condon offers a supportive environment with access to quality education and childcare facilities, making it an ideal place to raise children. The suburb's proximity to major amenities such as the Willows Shopping Centre and the Riverway precinct ensures that residents have access to retail, recreation, and waterfront lifestyle options. However, one trade-off of living in Condon is that it is located approximately 14km from the Townsville CBD, which may require a bit of a commute for those working in the city. Nonetheless, the easy access to the Townsville Ring Road provides convenient links to key employment hubs, making the commute manageable for many.

    Overall, Condon is a delightful suburb that offers a harmonious blend of community spirit, affordability, and accessibility. It is a desirable place to call home for those seeking a balanced lifestyle in the Townsville region, particularly for families who value a supportive and peaceful environment.

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  • Is it expensive to live in Condon?

    Living in Condon can be considered moderately expensive, especially when you look at the property market. The median house price is currently $620,000, which is significant when compared to the average yearly wage in Condon of around $84,000. This means that purchasing a home could take up a large portion of one's income, making it a considerable financial commitment for many residents.

    When it comes to renting, the average rent for houses is $540 per week, which is a substantial cost relative to the median total household income of $1,336 per week. While renting might be more manageable than buying, it still represents a significant expense. Units are not currently a factor in the market, as there are no median prices available, but the average rent for units is $470, which is slightly more affordable than renting a house.

    Overall, while Condon offers a suburban lifestyle, the cost of living, particularly in terms of housing, requires careful financial consideration. If you're thinking of living in Condon, it's important to evaluate your budget to ensure it aligns with the costs associated with residing in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Condon a good place to invest?

    Condon is showing promising signs as a potential investment hotspot, with impressive growth in both house and unit values over the past year. The suburb has experienced a significant 22.4% increase in median house values and an even more remarkable 24.4% rise in unit values. This upward trend suggests a strong demand for property in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, rental yields in Condon have also seen positive movement. House rents have increased by 12.5%, indicating a solid demand for rental properties, which can provide investors with a steady income stream. Although the change in rent for units is slightly lower at 4.4%, it still reflects a healthy rental market. This combination of rising property values and rental income potential makes Condon a suburb worth considering for investment.

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Choose the right real estate agents in Condon

Choosing the right real estate agent in Condon can have a big impact on your sale. While there are 64 real estate agents working in the suburb, but just 5 of them were responsible for 21.2% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.47% to 3.09%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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