3 Currawong Street, Condon QLD 4815

3 Currawong Street, Condon QLD 4815
A 4-bedroom single-bathroom house on a 708 m² lot with 213 m² of living space and two carports stands as a typical offering in Condon. This single-story home is noted for its generous land-to-building ratio, though the single bathroom is a constraint. A flood overlay is present on the property. The property is regarded as a strong option for families seeking space on a suburban block. A rare advantage in this price range is provided by the 708 m² land, offering room for outdoor activities or future expansion. This house is positioned within Condon as a standard family offering, with good access to local schools and everyday amenities. It is best suited for buyers who prioritize land size over internal finishes or multiple bathrooms. The generous lot size is the standout feature, adding to the property’s competitive stance in the area. The flood overlay that has been identified on the property may affect insurance premiums and long-term resale perceptions. This factor should be thoroughly investigated by buyers to understand the actual risk. Additionally, the single bathroom might be considered a limitation for larger families or those seeking convenience. These elements, when weighed together may influence the final value and should be carefully assessed during the buying process.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Currawong Street, Condon QLD 4815
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk
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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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

708m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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