Condon vs Cremorne
Property investment comparison - Condon, QLD 4815 vs Cremorne, QLD 4740
Head-to-head across core investment metrics: Condon wins 0, Cremorne wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Condon | Cremorne |
|---|---|---|
| Median house price | $620K | $615K |
| Median unit price | $460K | - |
| Gross rental yield (houses) | 4.74% | 5.36% |
| Gross rental yield (units) | 5.43% | - |
| 1-year house growth | +16.8% | - |
| 3-year house growth | +88.4% | - |
| Vacancy rate | 1.0% | 0.9% |
| Population | 5,894 | 19 |
Condon vs Cremorne: what the numbers say
The median house price is $620K in Condon and $615K in Cremorne, so Cremorne is the cheaper entry point, with Condon houses about 1% dearer.
On cash flow, Cremorne leads: houses there return a gross rental yield of 5.36%, compared with 4.74% in Condon, a gap of 0.62 percentage points.
Rental vacancy is the same in both, at 1.0%.
Condon is the bigger suburb, with a population of 5,894 against 19, roughly 310 times the size of Cremorne; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cremorne for rental income, Cremorne for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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