Condon at a glance
6,329
People
$632,000
Median sale
$506/wk
Median rent
4.16%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
QLD › Condon › Gannet Cres
$490,000
Last sold
3 Oct 2024
2
Bedrooms
1
Bathrooms
5
Car spaces
789 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$490,000
3 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Condon (last 5 years) with land size have a median of $776/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Condon at a glance
6,329
People
$632,000
Median sale
$506/wk
Median rent
4.16%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Condon
-22.5%
Median sale
Suburb $632,000
+1.21 pp
Gross yield
Suburb 4.16%
Suburb median $632,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Condon at a glance
6,329
People
$632,000
Median sale
$506/wk
Median rent
4.16%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elevate Property PartnersWelcome to 26 Gannet Crescent, a beautifully refreshed two-bedroom, one-bathroom home situated on a spacious 789 SQM allotment, conveniently located close to the university and hospital. This charming residence combines modern comforts with practical features, making it perfect for families, first-time home buyers, or investors.
Inside, you will find two well-sized bedrooms equipped with built-in wardrobes for ample storage. The recently updated bathroom is designed for both functionality and style. The open-plan layout seamlessly connects the living, dining, and kitchen areas, creating a warm and inviting atmosphere. The kitchen serves as the heart of the home, featuring stainless steel appliances and plenty of storage, which is ideal for culinary enthusiasts. A dedicated study nook with built-in cabinetry also provides a perfect workspace for home office or study needs. For added convenience, the internal laundry enhances practicality.
Step outside to discover a wonderful patio that's perfect for outdoor entertaining, overlooking beautifully established gardens that provide a serene backdrop for gatherings. A standout feature of this property is the large four-bay powered shed, with one bay thoughtfully converted into an air-conditioned teenage retreat, complete with its own living area and room ideal for older kids or guests. The heightened carport is designed to accommodate a caravan, while secure parking is available separately for multiple vehicles, ensuring convenience for your lifestyle needs. An extra lawn locker offers additional storage for all your gardening tools and equipment.
In terms of energy efficiency, this home is equipped with 4.2 kW of solar panels, contributing to energy savings. All split systems throughout the home have been recently replaced, ensuring comfort year-round.
Your Property:
• Large Four-Bay Powered Shed with one bay converted into an air-conditioned teenage retreat, complete with its own living area and room.
• Two Well-Sized Bedrooms: Each bedroom includes built-in wardrobes for ample storage.
• Recently Updated Bathroom: Stylish and functional, designed for modern living.
• Modern Kitchen: Equipped with stainless steel appliances and ample storage, perfect for culinary enthusiasts.
• Study Nook: Dedicated workspace with built-in cabinetry, ideal for home office use.
• Spacious Patio: Great for outdoor entertaining, overlooking beautifully established gardens.
• Heightened Carport: Designed to accommodate a caravan, providing convenience for outdoor enthusiasts.
• Secure Parking: Additional space for multiple vehicles, ensuring practicality.
• 4.2 kW Solar Panels: Energy-efficient system contributing to savings and sustainability.
• Recently Replaced Split Systems: Ensures year-round comfort throughout the home.
• Extra Lawn Locker: Provides additional storage for gardening tools and equipment.
The Investment Potential:
• Current rental appraisal of $450-$500 per week.
• Huge demand for rent area due to the properties location and features.
• This area is continuing to grow due to its affordability and investment potential - making it a sound owner-occupier or ideal addition to your property portfolio.
• Built in approximately 1985.
• Currently owner-occupied.
Condon is a family-friendly suburb that offers a perfect blend of suburban tranquillity and urban convenience. Nearby, you'll find the popular Condon Park, which features playgrounds and picnic areas, as well as the Condon State School, providing excellent educational options for families. The Riverway Complex, just a short drive away, offers recreational facilities, walking trails, and a lagoon for swimming. For shopping, the Willows Shopping Centre is easily accessible, featuring supermarkets, specialty stores, and dining options. With public transport readily available, commuting to the city is a breeze, making Condon an ideal setting for a relaxed yet connected lifestyle.
26 Gannet Crescent is more than just a house; it's a home that offers a perfect blend of modern living and outdoor enjoyment. With its spacious layout, fantastic outdoor amenities, and energy-efficient features, this property is an opportunity not to be missed. For more information or to schedule a viewing, please contact Ben Waugh and Monet Griffin from Elevate Property Partners. Experience all this home has to offer!
Listing description written by Ben Waugh, Elevate Property Partners — reproduced as published, not verified by Districts.