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.
$569,000
For sale
Asking
$451,000
Last sold
13 Jan 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
607 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
Asking
$569,000
Asking · $937/m² of land
Last recorded sale $451,000 (13 Jan 2025).
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
-10.0%
Median sale
Suburb $632,000
+0.46 pp
Gross yield
Suburb 4.16%
Suburb median $632,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$24,394 on top of the price (4.3% extra)
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.
Pre-filled with Condon's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 4.6%. 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
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 Helen Munro PropertyWelcome to 27 Mallee Street, Condon. Whether you're searching for your first home, looking to downsize, or wanting to add a quality property to your investment portfolio, this home offers all the ingredients for easy living in a convenient location.
Step inside and you'll immediately appreciate the polished timber floorboards that flow throughout the home, adding character and timeless appeal. The modern kitchen, only two years old, is the heart of the home, offering a fresh, functional space where preparing family meals or entertaining friends is a pleasure.
Downstairs, you'll find a fully airconditioned utility room with direct access to the backyard, providing valuable extra space to suit your lifestyle. Whether you need a home office, children's playroom, teenage retreat, hobby room or simply additional storage, this versatile area gives you plenty of options. There is also an additional lock up storage room for your convenience. The laundry is also located downstairs.
Outside, the property offers double gate side access and the convenience of being able to drive straight through to the backyard. There's plenty of room for the boat, trailer, caravan or additional vehicles, with space to personalise the yard to suit your family's needs.
UPSTAIRS
• Fully air conditioned with fans throughout
• Three bedrooms, 2 with built in robes
• Bathroom with shower over the bathtub, vanity and separate toilet
• Polished timber floorboards throughout
• Modern kitchen, approximately two years old
• Open plan kitchen/living/dining
• A combination of fly screens, security screens and doors
DOWNSTAIRS
• Air-conditioned utility room with direct access to the backyard
• Internal laundry
• Single lock up garage
• Double gate front access with drive-through access to the backyard
• Fully fenced yard with plenty of space for kids and pets to play
• Garden shed
Land size: 607m2
Rates (including water): $2,200.64 per six months
Current rent: $490 per week. Lease expires 22.02.2027.
For investors, this property is already tenanted with the lease expiring on 22nd February 2027. The current rent is $490 per week, making it an excellent opportunity to secure a solid investment with immediate income.
Positioned in the ever-popular suburb of Condon, you'll enjoy easy access to schools, shopping centres, public transport, parks and all the everyday conveniences that make family life easy.
Homes offering this combination of comfort, functionality and future potential are always in demand. Whether you're looking to move in or invest, this is one you won't want to miss.
Call me, Donna Glass on 0417 901 080 to arrange your private inspection.
Disclaimer: Helen Munro Property has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Listing description written by Donna Glass, Helen Munro Property — reproduced as published, not verified by Districts.