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.