All About Condon, Townsville, QLD, 4815

As of the latest data, the housing market in Condon, a suburb of Townsville in Queensland, reflects the broader trends seen in regional Australian housing markets. Condon offers a range of housing options, including family homes, townhouses, and some newer developments, making it a versatile choice for various types of buyers. The suburb has seen moderate growth in property values recently, driven by a combination of local demand and Townsville's steady economic performance. Condon’s affordability compared to inner-city areas makes it an attractive option for first-time homebuyers and families looking to settle within a reasonable distance from Townsville's central business district. Moreover, the market is characterized by a relatively stable rental segment, providing opportunities for both investors and renters seeking to benefit from the suburb's evolving amenities and lifestyle offerings.

Living in Condon offers a lifestyle that blends suburban comfort with the natural beauty of Queensland's landscape. The suburb is known for its family-friendly environment, supported by local parks, schools, and community facilities. Proximity to the Ross River gives residents recreational options such as walking and cycling tracks, which are perfect for outdoor enthusiasts. Additionally, Condon's location provides convenient access to shopping centers, medical facilities, and other essential services, making day-to-day life practical and comfortable. Residents appreciate the tight-knit community feel while enjoying the benefits of being close to Townsville's larger urban attractions. This blend of convenience, community spirit, and natural surroundings makes Condon an appealing place to call home.

Condon Real Estate Market Outlook

Thinking about buying in Condon? Now could not be a better time, with 3390 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $413,000 with prices in this suburb ranging from $124,000 to $2,937,000. The aproximate distance to the coast is 11 Km.

In Condon there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Condon is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Condon changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Condon necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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General Points of Interest

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