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QLD › Fernvale › Condamine Dr

70 Condamine Dr, Fernvale QLD 4306

For saleHouse for Sale

$1,300,000–$1,400,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

2

Car spaces

6,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,300,000–$1,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,300,000–$1,400,000(Listing record · 5 May 2026)
  • CalculationLand 6,200 m² against a 270 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 49% above the Fernvale median recorded sale ($875,000, n=59, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Fernvale's advertised median rent ($567/wk), implied gross yield would be 2.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,300,000–$1,400,000

Asking range · $210/m² of land

No recorded sale for this property.

Fernvale at a glance

4,102

People

$875,000

Median sale

$567/wk

Median rent

3.37%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Fernvale report →

Vs Fernvale

+48.6%

Median sale

Suburb $875,000

-1.10 pp

Gross yield

Suburb 3.37%

Suburb median $875,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,300,000
Stamp Duty (Queensland)
$55,275
Transfer/Registration Fee
$5,463
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
$1,364,438

$64,438 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.77%
Annual cashflow (pre-tax)
$-57,616
Interest cover (DSCR)
0.15
Annual rent
$29,484
Operating expenses
$19,500
Loan amount
$1,040,000
Annual interest
$67,600
Gross yield
2.27%

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$1,300,000–$1,400,000available5 May 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 $567/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 2.3%. 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

Fernvale in one glance

Fernvale at a glance

4,102

People

$875,000

Median sale

$567/wk

Median rent

3.37%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full Fernvale report →

Keep researching

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

Listing material

Listed by NGU Real Estate Ripley

The One You've Been Waiting For in Fernvale

There's a road in Fernvale that climbs and climbs and then quietly stops. No through traffic, no cut-through to anywhere - just neighbours and the land they've chosen to call home. At the very top where the prestigious River Glen Estate reaches its highest point, sits a 1.5-acre block that faces the morning sun and looks out across mountain ranges in both directions.

This is the kind of property that doesn't really come up anymore - not at this elevation, not on this street, not in an estate this tightly held. North-east facing, fully fenced, wrapped in mature gardens that have had the years to grow into themselves. The kookaburras are loud here. The neighbours are quiet. And the view, whichever window you happen to be standing at, will hand you a mountain.

Designed around its elevation and aspect, the home offers five generous bedrooms - one easily working as a study or home office - alongside a dedicated media room for the nights you'd rather stay in. A stone fireplace anchors the main living space, the sort that crackles through a Brisbane Valley winter and gives the room a centre to gather around. The kitchen has been built for someone who takes cooking seriously: granite benchtops, a walk-in butler's pantry to keep the chaos out of sight, and a large stainless steel cooker that earns its keep at Christmas. Ducted air keeps every room comfortable, and the finishes - the linen storage, the blinds, the flyscreens - are the quiet kind of details that tell you the home was built once, and built properly.

Read the full description

Step outside and the property opens up with a magnesium pool, The alfresco runs long, designed for afternoons that turn into evenings. There's a poolside entertaining zone with a outdoor kitchen and a mounted outdoor TV - both of which stay with the home, ready for the first long lunch you host. A separate outdoor spa sits tucked away under the stars, The 13kW solar system quietly feeds back to the grid while you live your day. And the garage, in a small but telling detail, has been extended in depth to fit longer vehicles, with side access running through to the rear of the block - the kind of practical thoughtfulness acreage buyers know is worth its weight. The ride-on mower stays too.

Down at street level, River Glen does what only the best estates manage - it disappears into itself. Owner-occupied, full-pressure town water, underground power, NBN, kerb and channelling. The quiet permanence of a place people move into and stop looking. Five minutes down the road, Fernvale handles the rest of the week - shops, cafés, the State School, childcare, parks, the sporting fields. Ipswich is a short drive. Brisbane is closer than it sounds.

This is the kind of place you arrive at, breathe in, and start picturing your own life inside. Crown lots in tightly held estates don't come to market often. When they do, they don't stay long

THE HOME:

- Spacious 270m² character home, designed for the elevation and aspect

- 5 generous bedrooms

- Separate media room

- Stone fireplace to main living

- Granite kitchen benchtops

- Walk-in butler's pantry

- Large stainless steel cooker

- Ducted air conditioning

- Quality fixtures and fittings

- Large linen cupboard

- Blinds and flyscreens throughout

THE OUTDOORS:

- Expansive alfresco entertaining area

- Poolside outdoor entertaining zone

- Outdoor Kitchen and BBQ - included with the home

- Mounted outdoor TV - included with the home

- Separate outdoor spa

- Mature, fully fenced gardens

- Exposed aggregate driveway

- 13kW solar panels and inverter

- HSTP system

- Ride-on mower included

THE GARAGE:

- Extended-depth garage to accommodate longer vehicles

- Side access to the rear of the property

- Built in and storage cupboard

THE ESTATE:

- Owner-occupied, tightly held River Glen Estate

- No-through road, local traffic only

- Full pressure town water

- NBN connectivity

- Underground power

- Kerb and channelling

THE LOCATION:

- 5 minutes to Fernvale shops, cafés and amenities

- Walking distance to the Brisbane River

- Fernvale State School and local childcare close by

- Parks and sporting facilities nearby

- Easy commute to Ipswich and Brisbane

Don't miss your opportunity to secure a well rounded home in a high demand location. Contact Josh Shaw on 0424 440 478 or Kelsey MacDougall on 0452 262 286 today.

Disclaimer:

NGU Real Estate | The Kimmorley Group has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Joshua Shaw, NGU Real Estate Ripley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Living Areas: 2
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
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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.