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 21.9%. 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 $585,000 based on the latest tracked market indices.

Investment Spotlight • Australia

CONDON 4815

State: QLD

Updated: 7 April 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 21.9%, with a median house buy price of $585,000. 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

$440,000

Down -12.9% 4.9% Yield

3 house • buy

$552,000

Up 22.7% 4.9% Yield

4 house • buy

$620,000

Up 16.4% 4.6% Yield

all house • buy

$585,000

Up 21.9% 4.8% Yield

Suburb Market Profile

Last month Condon had 28 properties available for rent and 20 properties for sale. Median property prices over the last year range from $585,000 for houses to $394,000 for units. If you are looking for an investment property, consider houses in Condon rent out for $530 PW with an annual rental yield of 4.8% and units rent for $480 PW with a rental yield of 4.6%. Condon has seen an annual compound growth rate of 21.9% for houses and 19.4% for units.

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