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QLD › Thornlands › Condamine Cres

29 Condamine Cres, Thornlands QLD 4164

For saleHouse for Sale

$1,150,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

480 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 2 Apr 2026)
  • FactLand 480 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% below the Thornlands median recorded sale ($1,285,000, n=137, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Thornlands's advertised median rent ($723/wk), implied gross yield would be 3.27% — 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

$1,150,000

Asking · $2,396/m² of land

No recorded sale for this property.

Thornlands at a glance

22,025

People

$1,285,000

Median sale

$723/wk

Median rent

2.93%

Suburb gross yield

Median sale from 137 recorded sales (last 12 months) — a Districts calculation.

See the full Thornlands report →

Vs Thornlands

-10.5%

Median sale

Suburb $1,285,000

+0.34 pp

Gross yield

Suburb 2.93%

Suburb median $1,285,000 from 137 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Queensland)
$46,650
Transfer/Registration Fee
$4,764
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
$1,205,114

$55,114 on top of the price (4.8% 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 Thornlands's advertised median rent — not a rent for this listing.

Net yield
1.77%
Annual cashflow (pre-tax)
$-39,454
Interest cover (DSCR)
0.34
Annual rent
$37,596
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
3.27%

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$1,150,000available2 Apr 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 $723/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 3.3%. 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

Thornlands in one glance

Thornlands at a glance

22,025

People

$1,285,000

Median sale

$723/wk

Median rent

2.93%

Suburb gross yield

Median sale from 137 recorded sales (last 12 months) — a Districts calculation.

See the full Thornlands report →

Keep researching

  • Why Thornlands? Read the area thesis →
  • What else is on the market in Thornlands →
  • Other records on Condamine Cres →

Listing material

Listed by Tidbold Real Estate

4 BED|2 LIVING|OR 5 BED!

Would you like to inspect this property? Private inspections are available at ANYTIME. Contact us now on 32076000.

Embrace stylish easy-care living with this beautifully designed lowset home, perfectly positioned beside a leafy park in a sought-after, high-quality estate.

The home is designed with 5 bedrooms; however, the 5th bedroom is also designed to be a separate media/lounge room featuring tv points and a parkland outlook.

Read the full description

At the heart of the home, a designer kitchen impresses with premium finishes, a generous walk-in pantry, and seamless connection to the expansive open-plan living and dining area.

Flooded with natural light, the living space flows effortlessly outdoors to a covered entertaining area - perfect for weekend entertaining or relaxed family gatherings.

This home is a close stroll to the large Thornlands Community Park, offering both lifestyle and convenience, with room for kids to play and families to thrive.

This is modern family living at its finest-spacious, stylish, and superbly located.

> 4 BED & 2 LIVING OR 5 BED!! The front media room can also be a bedroom and features TV points plus built-in robes.

> The main bedroom is king-size with a luxury sized ensuite featuring a double vanity and double sized shower, plus a walk-in robe.

> The family sized main bathroom has a bath, modern vanity and tiling, plus a double sized shower with dual shower heads.

> When it comes to kitchens, you will appreciate the luxury designer finish and features this home has to offer - with double sink, dishwasher, stone bench tops, 900mm gas cooktop and electric oven, and an exceptional walk-in pantry.

> Outdoor entertaining is made easy with this North facing tiled outdoor area.

> 2 car lockup garage with internal access.

> Air conditioning, ceiling fans and security screens.

> Separate laundry room with stone bench top and storage cupboard.

> Bonus walk-in linen cupboard.

> Roller and vertical blinds plus extra-high ceilings throughout.

> Centrally located close to Faith Lutheran, Carmel College, Bayview School, sporting facilities, major shopping centres, minutes to the waterfront, boat ramp, and quick access to Cleveland for the train.

This is the perfect property if you're looking for an immaculate home set in an ultra-quiet street where you can enjoy space around you, walking paths and the natural beauty of parkland and wildlife, this one is for you.

Please call us now on our 24 hour number 07 32076000 to arrange your inspection.

*Important* Whilst every care is taken in the preparation of the information contained in this marketing, Tidbold Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of advertising.

Listing description written by Dave Tidbold, Tidbold Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Toilets: 2
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.