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Conondale, QLD 4552

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$870,000

market range $750K-$1.5M

Median Unit

$680,000

market range $375K-$700K

Gross Yield (houses)

3.7%

1yr Growth (houses)

+12.3%

market range -10.0% to +27.5%

Investment snapshot for Conondale

Conondale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Conondale market and investor summary

Conondale (QLD 4552) runs a median house price of $870K, with houses yielding a gross 3.7%. House prices have moved +12.3% over the past year. At 1.2% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking. Houses also take time to sell, around 133 days on market, so plan for a slower exit if you ever need one.

Living in Conondale: people, income and schools

About 882 people live in Conondale, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $62,000 a year, or roughly $1,190 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There is 1 school within about 5km, testing close to the national school average on ICSEA.

Population
882
+2% over 5yr
Median age
48 years
Median household income
$62,000/yr
Households renting
16%
Family households
69%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
1
avg ICSEA 991
Unemployment
4.5%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Conondale

No properties currently listed in Conondale

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Frequently asked questions about Conondale

What should I check before investing in Conondale?

Conondale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +12.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Conondale?

The median property price in Conondale, QLD 4552 is $870K for houses and $680K for units.

What rental yield does Conondale show?

The gross rental yield in Conondale is 3.7% for houses and 5.1% 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 Conondale?

House prices in Conondale are up 12.3% over the past year. 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 Conondale?

The current vacancy rate in Conondale is 1.2%. 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 Conondale?

Conondale has a population of approximately 882 residents, with a median age of 48.

What schools are near Conondale?

There are 1 school within roughly 5km of Conondale. 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 Conondale affordable to buy in?

A median house in Conondale costs about 14.0 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 Conondale's population growing?

The population of Conondale has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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