927 Riverway Drive, Condon QLD 4815
927 Riverway Drive, Condon QLD 4815
Spacious family floorplan | pool and alfresco appeal | near shops and highway | needs refresh for full value
The property’s competitive strength lies in its versatile layout: two living areas, two dining zones, and a rumpus room that can serve as a home office or media room. This configuration, paired with a covered alfresco area and in-ground pool, creates a rare combination of indoor-outdoor family living in Condon. The 809 m² land size and position near Willows Shopping Centre, the river, and walking tracks further support its appeal to growing families seeking comfort and convenience. The buyer case is strongest for those who value space and entertaining over a move-in-ready finish.
The primary risk is the property’s need for refresh or customization, which requires capital and effort beyond the asking price. At $699,000, it sits at the upper end of market estimates ($550k–$730k), meaning the buyer pays a premium for the pool and land size. The 2018 purchase price of $200,000 highlights significant appreciation, but current suburb trends show a soft auction market and median prices around $620,000, suggesting limited short-term upside. The opportunity lies in negotiating down from the ask, then adding value through targeted updates. Hold this property for medium-term family use or rental yield (4.3%), rather than expecting quick capital gains.
Detailed Independent Property Report prepared by PropCred Analyst team for 927 Riverway Drive, Condon QLD 4815
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Market Insight
Condon presents as a stable, family-oriented suburb within Townsville, characterised by strong recent capital growth and a high volume of house sales. Demand is driven by a diverse demographic mix, including established families and service-based workers, supported by steady population and income growth. The market is active with houses transacting quickly, indicating robust competition. Future growth is underpinned by this sustained demand, though key constraints include a reliance on the house segment with limited unit development and a significant portion of mortgaged owners suggesting potential rate sensitivity.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
-
Land
809m²
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 12 Hexham Close, Burdell QLD 4818 — 3 bed · 2 bath · 2 car
- 95/20 Johnston Street, Carina QLD 4152 — 3 bed · 2 bath · 1 car
- 102 Oatlands Court, Wights Mountain QLD 4520 — 5 bed · 2 bath · 6 car
- 2622/9 Ferny Avenue, Surfers Paradise QLD 4217 — 3 bed · 2 bath · 2 car
- 7/323 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 2 car
- 6 Carswell Avenue, Kirwan QLD 4817 — 4 bed · 2 bath · 2 car
- 356-364 Mundoolun Road, Jimboomba QLD 4280 — 6 bed · 3 bath · 4 car
- 11 Varley Street, Lowood QLD 4311 — 4 bed · 2 bath · 4 car
- 13 Seaview Drive, Airlie Beach QLD 4802 — 4 bed · 2 bath · 2 car
- 3 Middle Creek Road, Little Mountain QLD 4551 — 4 bed · 2 bath · 2 car
- 41/17 Great Southern Drive, Robina QLD 4226 — 4 bed · 3 bath · 2 car
- 3/14 Jefferson Lane, Palm Beach QLD 4221 — 2 bed · 2 bath · 1 car
- 1998 Mount Samson Road, Yugar QLD 4520 — 6 bed · 4 bath · 9 car
- 8/40-46 Redlynch Intake Road, Redlynch QLD 4870 — 2 bed · 2 bath · 1 car
- 6 Little Mulgrave Road, Little Mulgrave QLD 4865 — 4 bed · 1 bath · 8 car
- 69863 Bruce Highway, Aloomba QLD 4871 — 4 bed · 3 bath · 4 car
- 17 Murphy Street, Gordonvale QLD 4865 — 4 bed · 2 bath · 2 car
- 17/82-86 Martyn Street, Parramatta Park QLD 4870 — 3 bed · 3 bath · 2 car
- 21 Tait Avenue, Redbank Plains QLD 4301 — 4 bed · 2 bath · 2 car
- 12 Maidstone Cres, Peregian Springs QLD 4573 — 4 bed · 2 bath · 2 car
- 308/8 Skyring Terrace, Teneriffe QLD 4005 — 2 bed · 2 bath · 1 car
- 34/48 Pengam Street, Kuraby QLD 4112 — 3 bed · 2 bath · 2 car
- 77A North Street, Kedron QLD 4031 — 4 bed · 2 bath · - car
- 1 Rokeby Court, Nerang QLD 4211 — 5 bed · 3 bath · 8 car
- 3 Yarama Court, Upper Coomera QLD 4209 — 5 bed · 2 bath · 2 car
- 52 Sky Royal Terrace, Burleigh Heads QLD 4220 — 4 bed · 2 bath · 2 car
- 8 Lauradale Cres, Ormeau QLD 4208 — 4 bed · 2 bath · 2 car
- 2 Manoi Close, Bentley Park QLD 4869 — 4 bed · 2 bath · 2 car
- 1/281 Bayview Street, Hollywell QLD 4216 — 3 bed · 2 bath · 1 car
- 53 Nicola Way, Upper Coomera QLD 4209 — 4 bed · 2 bath · 3 car
- 188 Harts Road, Indooroopilly QLD 4068 — 4 bed · 2 bath · 2 car
- 16-18 Umah Street, Cornubia QLD 4130 — 7 bed · 3 bath · 2 car
- 38 Lakeview Drive, Bundaberg North QLD 4670 — 5 bed · 2 bath · 1 car
- 171/26 Goldmine Road, Ormeau QLD 4208 — 2 bed · 1 bath · 1 car
- 1103/300 Marine Parade, Labrador QLD 4215 — 2 bed · 2 bath · - car
- 1/57 Latham Street, Chermside QLD 4032 — 3 bed · 2 bath · 1 car
- 31 Frangipanni Avenue, Kawungan QLD 4655 — 5 bed · 2 bath · 6 car
- 86 Amalfi Drive, Zilzie QLD 4710 — 4 bed · 3 bath · - car
- 6 Kingfisher Drive, Yeppoon QLD 4703 — 4 bed · 2 bath · 2 car
- 3/53 Ruddell Street, Bundaberg South QLD 4670 — 3 bed · 2 bath · 3 car
- 103 Lakeside Avenue, Springfield Lakes QLD 4300 — 3 bed · 2 bath · 2 car
- 51/20 Baywater Drive, Twin Waters QLD 4564 — 2 bed · 2 bath · 2 car
- 3 Ferretti Close, Mareeba QLD 4880 — 2 bed · 1 bath · 1 car
- 110/251 Varsity Parade, Varsity Lakes QLD 4227 — 2 bed · 2 bath · 2 car
- 127 Currajong Place, Brassall QLD 4305 — 4 bed · 2 bath · 2 car
- 93/302 Christine Avenue, Varsity Lakes QLD 4227 — 3 bed · 2 bath · 1 car
- 80/88-98 Limetree Parade, Runaway Bay QLD 4216 — 3 bed · 2 bath · 2 car
- 18/31 Chester Terrace, Southport QLD 4215 — 2 bed · 2 bath · 2 car
- 86 Stones Road, Woodbury QLD 4703 — 3 bed · 1 bath · 7 car
- 13 Mimosa Cres, Currimundi QLD 4551 — 4 bed · 2 bath · 2 car
- 31 Paul Place, Glass House Mountains QLD 4518 — 4 bed · 2 bath · 3 car
- 6 Earlybird Drive, Buderim QLD 4556 — 4 bed · 2 bath · 2 car
- 103 Bolton Street, Eight Mile Plains QLD 4113 — 4 bed · 2 bath · 2 car
- 83 Pacific Heights Road, Pacific Heights QLD 4703 — 4 bed · 2 bath · 2 car
- 2 Waterfront Court, Twin Waters QLD 4564 — 4 bed · 3 bath · 3 car
- 6 Sampson Street, Wilsonton QLD 4350 — 3 bed · 2 bath · 4 car
- 21 Grevillea Cres, Kin Kora QLD 4680 — 3 bed · 2 bath · 1 car
- 14 Oak Cres, Bowen QLD 4805 — 3 bed · 1 bath · 2 car
- 5/329 Hume Street, South Toowoomba QLD 4350 — 3 bed · 1 bath · 2 car
- 5 Mcgreavy Street, One Mile QLD 4305 — 4 bed · 1 bath · 1 car
- 22 Herbertson Street, West Gladstone QLD 4680 — 3 bed · 1 bath · 1 car
- 4 Radiata Court, Darling Heights QLD 4350 — 3 bed · 1 bath · 2 car
- 19/28-30 Henry Street, West End QLD 4810 — 2 bed · 1 bath · 1 car
- 202 Barolin Esp, Coral Cove QLD 4670 — 4 bed · 2 bath · 2 car
- 35/49 Landsborough Parade, Golden Beach QLD 4551 — 2 bed · 2 bath · 1 car
- 7 Karri Court, Beaconsfield QLD 4740 — 3 bed · 2 bath · 2 car
- 15/107-111 Arundel Drive, Arundel QLD 4214 — 3 bed · 2 bath · 1 car
- 3/62 Hamilton Road, Moorooka QLD 4105 — 2 bed · 1 bath · 1 car
- 1/20 Mary Street, Alexandra Headland QLD 4572 — 3 bed · 2 bath · 1 car
- 78 Adelaide Circuit, Beenleigh QLD 4207 — 3 bed · 1 bath · 4 car
- 61 Railway Parade, Nudgee QLD 4014 — 3 bed · 2 bath · 2 car
- 5 Willdora Drive, Elliott QLD 4670 — 5 bed · 3 bath · 2 car
- 1 Feathertail Court, Tewantin QLD 4565 — 4 bed · 2 bath · 2 car
- 5 Charles Street, West Gladstone QLD 4680 — 4 bed · 2 bath · 3 car
- 7 Rigby Court, Aitkenvale QLD 4814 — 3 bed · 1 bath · 3 car
- 9 Grass Tree Court, Ellerbeck QLD 4816 — 4 bed · 2 bath · 3 car
- 14 Pierce Street, Mount Louisa QLD 4814 — 4 bed · 2 bath · 2 car
- 54 Regatta Cres, Douglas QLD 4814 — 4 bed · 2 bath · 2 car
- 414 Ross River Road, Cranbrook QLD 4814 — 3 bed · 1 bath · 1 car
- 7 Karangi Street, Rasmussen QLD 4815 — 4 bed · 2 bath · 1 car
- 21 Strathburn Street, Mount Louisa QLD 4814 — 4 bed · 2 bath · 2 car
- 8 Camden Court, Annandale QLD 4814 — 3 bed · 2 bath · 2 car
- 5 Egret Cres, Condon QLD 4815 — 3 bed · 1 bath · 1 car
- 114 Barnham Road, Nome QLD 4816 — 4 bed · 2 bath · 6 car
- 106 Williams Road, Alligator Creek QLD 4816 — 3 bed · 2 bath · 1 car
- 1 Bamboo Cres, Mount Louisa QLD 4814 — 5 bed · 2 bath · 2 car
- 843 Riverway Drive, Condon QLD 4815 — 3 bed · 1 bath · 2 car
- 8 Gibbard Street, Condon QLD 4815 — 3 bed · 1 bath · 1 car
- 28 Clarke Street, Garbutt QLD 4814 — 3 bed · 1 bath · 1 car
- 11 Adeline Loop, Julago QLD 4816 — 4 bed · 2 bath · 2 car
- 12 Tahlia Circuit, Mount Louisa QLD 4814 — 4 bed · 2 bath · 2 car
- 8 Tulloch Court, Kelso QLD 4815 — 3 bed · 1 bath · 2 car
- 945 Riverway Drive, Condon QLD 4815 — 3 bed · 1 bath · 2 car
- 8 Wotton Street, Aitkenvale QLD 4814 — 4 bed · 1 bath · - car
- 33 Thompson Street, Aitkenvale QLD 4814 — 4 bed · 2 bath · 2 car
- 7 Blaxland Cres, Vincent QLD 4814 — 3 bed · 1 bath · 1 car
- 113 Lillipilli Street, Vincent QLD 4814 — 3 bed · 1 bath · 1 car
- 154 River Park Drive, Annandale QLD 4814 — 5 bed · 2 bath · 3 car
- 11 Chester Street, Mount Louisa QLD 4814 — 3 bed · 2 bath · 2 car
- 5 Brolga Cres, Condon QLD 4815 — 4 bed · 2 bath · - car