Is CONDON a good suburb for positive geared property investment in Australia?

CONDON in QLD currently features property rental yields up to 4.8% with a 12-month capital growth value of Up 16.8%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in CONDON 4815?

The median house price in CONDON 4815 is approximately $618,750 based on the latest tracked market indices.

Investment Spotlight • Australia

CONDON 4815

State: QLD

Updated: 6 August 2026

PosiProp AI Investment Summary

CONDON (QLD 4815) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 16.8%, with a median house buy price of $618,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$460,000

Down -6.1% 4.9% Yield

3 house • buy

$600,000

Up 20.3% 4.9% Yield

4 house • buy

$629,000

Up 12.3% 4.6% Yield

all house • buy

$618,750

Up 16.8% 4.8% Yield

Suburb Market Profile

Last month Condon had 19 properties available for rent and 21 properties for sale. Median property prices over the last year range from $618,750 for houses to $460,000 for units. If you are looking for an investment property, consider houses in Condon rent out for $550 PW with an annual rental yield of 4.8% and units rent for $480 PW with a rental yield of 4.9%. Condon has seen an annual compound growth rate of 16.8% for houses and 26.9% for units.

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