203/38 Gregory Street, Condon, QLD 4815 | Unit for sale | OnTheHouse
 
FOR SALE
$469,000

203/38 Gregory Street
Condon QLD 4815

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 97m2
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Ground Floor Convenience Meets Resort Style Living!

Positioned on the ground floor of the popular Riverway Point complex, 203/38 Gregory Street presents a fantastic opportunity for investors seeking an established rental return in a convenient location.
Offering two bedrooms, two bathrooms and single car accommodation, this low maintenance apartment combines a practical layout with the added appeal of secure complex living and excellent communal facilities. Currently tenanted at $480 per week until early 2027, the property offers immediate rental income for its next owner.
Property Features:
• Two bedrooms, two bathrooms and single car accommodation
• Convenient ground floor position
• Practical layout suited to comfortable, low maintenance living
• Secure complex with gated access and onsite management
• Resort style lagoon swimming pool and communal BBQ facilities
• Visitor parking available within the complex
• Conveniently located near Willows Shopping Centre, Cannon Park and Riverway Lagoons
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Property Details for 203/38 Gregory St, Condon

203/38 Gregory St, Condon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 97m2 and floor size of 82m2. The place is currently for sale with Page & Pearce Real Estate.

Building Type
Unit
Year Built
2011
Floor Size
82m2
Land Size
97m2
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About Condon 4815

The size of Condon is approximately 5.4 square kilometres. There are 8 parks, covering nearly 2.6% of the total area. The population of Condon in 2016 was 5779 people. By 2021 the population was 5894 showing a population growth of 2.0% in the area during that time. The predominant age group in Condon is 10-19 years. Households in Condon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Condon work in a community and personal service occupation.In 2021, 54.90% of the homes in Condon were owner-occupied compared with 55.80% in 2016.

Condon has 2,609 properties. Over the last 5 years, Houses in Condon have seen a 127.35% increase in median value, while Units have seen a 57.13% increase. As at 30 September 2026:

  • The median value for Houses in Condon is $605,349 while the median value for Units is $486,698.
  • Houses have a median rent of $550 while Units have a median rent of $478.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Condon on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Condon.

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Jack Howard
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Page & Pearce Real Estate
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