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Condell Park, NSW 2200
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,660,000
market range $1.6M-$1.8M
Median Unit
$990,000
market range $925K-$1.1M
Gross Yield (houses)
2.8%
1yr Growth (houses)
+8.1%
market range +5.0% to +12.5%
Investment snapshot for Condell Park
Condell Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Condell Park market and investor summary
In Condell Park, NSW 2200, the median house sells for around $1.7M, on a gross rental yield of 2.8% for houses. House prices have moved +8.1% over the past year and +28.9% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Condell Park: people, income and schools
About 13,066 people live in Condell Park, and the area has been growing steadily, up about 6% over five years. At a median age of 34, it reads as broadly working-age, and families account for 84% of households.
The typical household income runs to around $85,000 a year (about $1,640 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 19.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 75 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Condell Park sits about 19 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 52 for walkability and 13 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 13,066
- +6% over 5yr
- Median age
- 34 years
- Median household income
- $85,000/yr
- Households renting
- 28%
- Family households
- 84%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 75
- avg ICSEA 970
- Unemployment
- 8.9%
- Distance to CBD
- 19 km
- Walk score
- 52/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Condell Park
View all →Frequently asked questions about Condell Park
What should I check before investing in Condell Park?
Condell Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.1% in the past year shows strong recent price momentum. 3-year capital growth of +28.9% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Condell Park?
The median property price in Condell Park, NSW 2200 is $1.7M for houses and $990K for units.
What rental yield does Condell Park show?
The gross rental yield in Condell Park is 2.8% for houses and 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Condell Park?
House prices in Condell Park are up 8.1% over the past year and up 28.9% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Condell Park?
The current vacancy rate in Condell Park is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Condell Park?
Condell Park has a population of approximately 13,066 residents, with a median age of 34.
What schools are near Condell Park?
There are 75 schools within roughly 5km of Condell Park. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Condell Park affordable to buy in?
A median house in Condell Park costs about 19.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Condell Park's population growing?
The population of Condell Park has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Condell Park from the CBD?
Condell Park is about 19 km from the CBD.
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