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QLD › Condon › Rivergum Ct

20 Rivergum Ct, Condon QLD 4815

For saleRural Property for Sale

$1,399,000

For sale

Asking

5

Bedrooms

3

Bathrooms

5

Car spaces

56,070,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,399,000(Listing record · 7 July 2026)
  • FactLand 56,070,000 m²; no building size recorded.(Property record)
  • CalculationAsk is 121% above the Condon median recorded sale ($634,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Condon's advertised median rent ($506/wk), implied gross yield would be 1.88% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,399,000

Asking · $0/m² of land

No recorded sale for this property.

Condon at a glance

6,329

People

$634,000

Median sale

$506/wk

Median rent

4.15%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Condon report →

Vs Condon

+120.7%

Median sale

Suburb $634,000

-2.27 pp

Gross yield

Suburb 4.15%

Suburb median $634,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,399,000
Stamp Duty (Queensland)
$60,968
Transfer/Registration Fee
$5,928
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,469,596

$70,596 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Condon's advertised median rent — not a rent for this listing.

Net yield
0.38%
Annual cashflow (pre-tax)
$-67,421
Interest cover (DSCR)
0.07
Annual rent
$26,312
Operating expenses
$20,985
Loan amount
$1,119,200
Annual interest
$72,748
Gross yield
1.88%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,399,000available7 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $506/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Condon in one glance

Condon at a glance

6,329

People

$634,000

Median sale

$506/wk

Median rent

4.15%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Condon report →

Keep researching

  • Why Condon? Read the area thesis →
  • What else is on the market in Condon →
  • Other records on Rivergum Ct →

Listing material

Listed by McDonough Property Townsville

UNDER CONTRACT by Monique Petersen and Martin McDonough

Welcome to 20 Rivergum Court, Condon - a substantial acreage residence where space, privacy, and lifestyle come together in a setting that feels immediately calm and completely private. Positioned on a generous 5,607m² allotment.

To the front of the home, a charming timber porch creates a welcoming entrance while providing the perfect outdoor space to relax and enjoy the peaceful surrounds. Stepping inside, you are immediately greeted by a beautifully seating lounge, where tiled flooring flows throughout and expansive windows invite natural light to pour into the space, creating an atmosphere that is effortlessly inviting.

At the heart of the residence sits the well-appointed kitchen, designed to cater equally to everyday living and entertaining. It features extensive bench space, abundant cabinetry, a Smeg induction cooktop, 700mm oven, plumbed fridge provision, laminated breakfast bar, and generous storage throughout - all combining to create a highly functional yet stylish central hub for the home.

Read the full description

A separate lounge positioned just off the kitchen elevates the home's living experience, offering a refined and intimate retreat away from the main open-plan spaces. The dining area is thoughtfully integrated with the kitchen and flows effortlessly to the outdoor patio, creating a seamless indoor-outdoor connection ideal for both entertaining and relaxed everyday living. A dedicated study adjoining the dining zone further enhances the home's sophistication.

Accommodation has been thoughtfully designed with comfort and privacy in mind. The master suite is positioned as a true retreat, featuring plush carpet underfoot, large windows that invite natural light, and a spacious ensuite complete with a large double shower, quality finishes, a separate toilet for convenience, and multiple mirrored built-in cupboards that provide seamless, integrated storage.

The remaining three bedrooms are generously proportioned, each offering plush carpet, mirrored built-in wardrobes, and light-filled windows, and are serviced by a beautifully appointed main bathroom that is fully tiled and includes a separate bathtub, large shower, and separate toilet - perfectly suited for busy family living.

On the opposite wing of the home, a second master-style guest suite enhances the versatility of the floorplan, making it ideal for guests, extended family, or multi-generational living. This spacious retreat features fully tiled flooring, direct access to the outdoor entertaining and pool area, mirrored built-in storage, and a private ensuite, creating a comfortable and private space that feels like its own self-contained haven within the home. A well-appointed internal laundry further enhances functionality, complete with a separate storage room and direct outdoor access for everyday convenience.

Stepping outside, the home transforms into a private resort-style sanctuary. The expansive outdoor entertaining area overlooks a sparkling in-ground pool, lush lawns, creating an exceptional sense of peace and seclusion. This space offers the perfect setting for weekend gatherings or quiet evenings enjoying the serenity of acreage living.

The property features a triple remote garage and a high clearance 9m x 7m x 4m double bay shed. Fully insulated and thoughtfully designed, the shed features extensive power points throughout, a dedicated 15-amp outlet ideal for caravan connection or additional recreational use, and a single automatic rear roller door providing convenient access through to the backyard. Offering exceptional storage and flexibility.

The home is equipped with a 6kW solar system with SMA inverter, Daikin multi-head split system air-conditioning, Eufy wireless motion-sensor security cameras, Crim safe and security screens throughout, external pull-down blinds, and a fully irrigated bore system with 78 sprinkler points ensuring easy maintenance of the grounds year-round. Additional highlights include a Colourbond roof, septic recycling system, established fruit trees, a private golf hole, and abundant wildlife that further enhances the serene acreage lifestyle.

Positioned in a peaceful and tightly held pocket of Condon, 20 Rivergum Court presents an exceptional opportunity to secure a private acreage lifestyle without compromising on convenience. Offering an impressive combination of space, versatility and outstanding infrastructure, this remarkable residence provides the perfect setting for families seeking room to grow, entertain, and enjoy a relaxed lifestyle within easy reach of everyday amenities.

Rates: Approx $2,000Twice Per Year

Features:

• Expansive 5,607m² acreage allotment in quiet exclusive court

• 5 spacious bedrooms

• 3 bathrooms, including private guest ensuite

• Master bedroom with walk-in robe and ensuite

• Multiple expansive living areas

• 362sqm under roof

• Seamless indoor-outdoor flow

• Resort-style outdoor entertaining area

• In-ground swimming pool

• New umbrella installed in pool area

• Terraced gardens and established lawns

• Three-bay remote garage

• Double gate side access on left side of the property

• Fully fenced acreage block

• Bore water supply for added practicality

• Ideal for large or multi-generational families

McDonough Property Townsville has taken all reasonable care in preparing the information provided and believes it to be correct at the time of publication. However, no warranty or representation is made as to its accuracy, reliability, or completeness. McDonough Property Townsville accepts no liability for any errors, omissions, or inaccuracies contained herein. Prospective purchasers are strongly advised to conduct their own investigations and obtain independent professional advice to verify the information before making any purchasing decisions.

Listing description written by Monique Petersen, McDonough Property Townsville — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.