Property investors who have had real estate in Condon, 4815 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.53%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Condon has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Condon 4815 should be seeing an average reduction in asking price of around -8.51% . This means that Condon is holding prices well when compared to other suburbs in QLD.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 5.86%, without taking into account capital value appreciation, which has been averaging out at -1.00%.