Question 1

Is Condon a nice place to live?

Accepted Answer

Condon is a residential, family-oriented suburb in Townsville's southern suburbs, characterised by quiet streets, mostly single-storey brick homes and pockets of newer housing on generous blocks. Day-to-day life centres on neighbourhood parks, sports fields and local shops, while reserves and bushland on the ridgelines provide walking options and outlooks from some properties. The suburb also contains the Douglas Mountain Bike Reserve, an established network of trails on the Mt Stuart foothills. Straightforward road links and bus connections make travel into the wider city easy, which appeals to families, shift workers and tradespeople seeking a practical suburban base near Townsville's employment and education precincts.

About 5,894 people live in Condon, with a median age of 39 and a typical household income of $1,336 a week. The community is weighted towards couple families without children (42.9%) and most homes are owner-occupied (62.3%), though over a third are rented. Local investment includes a funded upgrade to Carinity Education – Shalom to add flexible learning spaces and administration facilities, and some interim activity linked to the North Queensland Simulation Park has operated from sites in the area.

Question 2

Is it expensive to live in Condon?

Accepted Answer

At the current median house price of $633,000, buying a house in Condon works out to about 9.1 times a typical local household's annual income as recorded at the most recent Census, which puts buying well above local incomes on that measure.

Renting also takes a sizeable share of local incomes: a house rent of $540 a week would take about 40.4% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $465 a week would take about 34.8%, a sizeable share. If you plan to rent rather than buy, those rent shares are the figures that matter most.

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 Condon a good place to invest?

Accepted Answer

Over the past 12 months in Condon, median values rose strongly: units climbed 25.9% and houses increased 18.8%. Rents rose by smaller amounts, with house rents up a solid 8.0% and unit rents up a modest 3.3%. Put simply, capital growth outpaced rental income growth this year, especially on the unit side where value gains were much larger than rent increases.

For someone weighing Condon as an investment, the figures separate the capital-growth story from the income story: the value changes did the heavy lifting this year, while rental income gains were smaller and stronger for houses than for units. Whether that balance fits your goals and circumstances is for you to decide.

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	$633K	N/A
Change in value Past 12 months	18.8%	25.9%
Sold Past 3 months	19	6
Median days on market Past 12 months	13	14
Average rent Past 12 months	$540	$465
Change in rent Past 12 months	8.0%	3.3%

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