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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
An assessment of population growth drivers in Condon - Rasmussen reveals an overall ranking slightly below national averages considering recent, and medium term trends
Condon-Rasmussen's population, as of November 2025, is approximately 11,832, reflecting a 9.6% increase from the 2021 Census figure of 10,799. This growth was inferred from an estimated resident population of 11,360 in June 2024 and an additional 234 validated new addresses since the Census date. The population density is around 256 persons per square kilometer. Condon-Rasmussen's growth exceeded that of its SA4 region (6.9%) and SA3 area, making it a growth leader. Natural growth contributed approximately 63.8% to overall population gains recently, with all migration drivers also positive factors. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.
For areas not covered and years post-2032, Queensland State Government's SA2 area projections from 2023 (based on 2021 data) are adopted, applying proportional growth weightings for age cohorts. By 2041, the population is projected to increase by just below Australia's regional areas median, with an expected rise of 1,493 persons, reflecting an 8.6% total increase over 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Condon - Rasmussen among the top 30% of areas assessed nationwide
Condon - Rasmussen averaged approximately 46 new dwelling approvals annually over the past five financial years, totalling 232 homes. As of FY-26 so far, 87 approvals have been recorded. On average, 2.2 people moved to the area per new home constructed between FY-21 and FY-25, indicating solid demand supporting property values. New homes were built at an average expected construction cost value of $263,000, which is under regional levels, offering more accessible housing choices for buyers.
In FY-26, $36.5 million in commercial development approvals have been recorded, suggesting robust local business investment. Compared to the rest of Queensland, Condon - Rasmussen shows comparable building activity per person, preserving market equilibrium consistent with surrounding areas. Recent periods have seen an increase in development activity.
New developments consist of 78.0% standalone homes and 22.0% townhouses or apartments, maintaining the area's traditional low density character focused on family homes appealing to those seeking space. The estimated count of 391 people per dwelling approval reflects its quiet, low activity development environment. Future projections show Condon - Rasmussen adding approximately 1,021 residents by 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Condon - Rasmussen has emerging levels of nearby infrastructure activity, ranking in the 33rdth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 24 projects likely impacting the area. Notable projects include Riverway Plaza Stage 2 Extension, First Nations Social Housing Project (Rasmussen), Riverstone Estate, and Somers & Hervey Estate. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Kirwan Health Campus Expansion
A $45 million expansion of Kirwan Health Campus in Townsville, delivering a new two-storey Green Star-rated building with expanded specialist outpatient services (including womens health, antenatal/postnatal care, oral health, and allied health), additional treatment spaces, refurbished existing areas, expanded cafe, new chiller plant, and a new 120-bay staff and visitor car park.
Riverstone Estate
Riverstone Estate is a 254-hectare masterplanned residential community in Townsville's growth corridor. Construction is well underway with multiple stages released and civil works progressing. The estate will deliver over 1,800 residential lots for more than 5,000 future residents, plus future retail, education, community facilities, extensive parklands and riverfront walkways along the Bohle River.
Riverway Plaza Stage 2 Extension
Stage 2 extension of Riverway Plaza delivers a new full-line Coles supermarket (3,585 sqm), approximately 30-35 specialty stores, Snap Fitness gym (650 sqm) on level 1, medical and commercial tenancies, and Townsville's first retail basement car park with 140 spaces plus travelator access. Additional shaded surface parking of 64 bays. The project completes the district centre upgrade that began with Stage 1 (Woolworths) in 2021.
River Parks Estate
River Parks is a master-planned residential community spanning 72 hectares in Kelso, designed for families and young professionals. The development features approximately 1000 homes, two major parks, 2.3 kilometers of walking and cycling pathways, a planned convenience center, childcare center, and village with shops and cafe. Located 20km southwest of Townsville CBD with easy access to the Ross River.
First Nations Social Housing Project (Rasmussen)
Construction is underway on 24 new social homes at 1145 Riverway Drive, Rasmussen. The project is being delivered by Yumba-Meta Limited with Queensland Government support as part of a broader pipeline of social and community housing across North Queensland. Units are intended to meet Social Housing Design guidelines and accessibility standards. Public statements indicate completion is targeted for late 2025.
Limestone Estate
Boutique residential subdivision in Condon (Townsville) delivering 54 land lots near schools, shops and Riverway. Development by Centurion Global; estate reported sold out after staged releases.
Brookstone on the Park Estate
A boutique residential estate in the heart of the Ross River precinct in Condon, Townsville, offering 72 homes with convenience and lifestyle features, close to shopping, dining, educational facilities, and with easy access to the Ring Road. Developed as a family-oriented community with access to local amenities in the Upper Ross area.
Willowbank Estate
Residential land estate by Parkside Land at the top end of Kirwan, adjacent to Tropics Golf Club. Active stages are selling with lots surrounding green open space and recreation facilities. Promotions have included a 12-month Tropics Golf Club membership per lot (T and Cs apply).
Employment
Employment conditions in Condon - Rasmussen face significant challenges, ranking among the bottom 10% of areas assessed nationally
Condon - Rasmussen's workforce comprises both white and blue-collar jobs, with prominent sectors being essential services. The unemployment rate is 9.5%.
As of June 2025, there are 4,794 employed residents, with an unemployment rate of 5.6%, higher than Rest of Qld's 3.9%. Workforce participation stands at 56.0%, lower than the regional average of 59.1%. Key employment industries include health care & social assistance, public administration & safety, and retail trade. Notably, public administration & safety has a concentration 1.9 times the regional average.
Conversely, agriculture, forestry & fishing is under-represented at 0.8% compared to Rest of Qld's 4.5%. Local employment opportunities seem limited based on Census data. Between June 2024 and June 2025, Condon - Rasmussen's labour force decreased by 2.0%, while employment fell by 4.9%, leading to a 2.7 percentage point rise in unemployment. In contrast, Rest of Qld saw employment growth of 1.8% and a 0.2 percentage point increase in unemployment. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Condon - Rasmussen's employment mix suggests local growth of approximately 6.4%% over five years and 13.4% over ten years, assuming constant population projections for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Condon - Rasmussen had a median taxpayer income of $52,876 and an average income of $59,245 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This was below the national average. The Rest of Qld, however, had a higher median income of $50,780 and an average income of $64,844 during the same period. Based on Wage Price Index growth of 13.99% since financial year 2022, estimated median income for Condon - Rasmussen as of September 2025 would be approximately $60,273, with an average income of $67,533. Census data shows household, family and personal incomes in Condon - Rasmussen rank modestly, between the 27th and 27th percentiles. The earnings profile indicates that 33.0% of residents (3,904 people) fall within the $1,500 - 2,999 income bracket, similar to regional levels where 31.7% occupy this range. Housing affordability pressures are severe in Condon - Rasmussen, with only 83.6% of income remaining, ranking at the 27th percentile.
Frequently Asked Questions - Income
Housing
Condon - Rasmussen is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
Condon-Rasmussen's dwelling structure, as per the latest Census, consisted of 90.1% houses and 9.9% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Qld's 81.3% houses and 18.7% other dwellings. Home ownership in Condon-Rasmussen stood at 24.6%, with mortgaged dwellings at 35.0% and rented dwellings at 40.5%. The median monthly mortgage repayment was $1,342, below Non-Metro Qld's average of $1,517. The median weekly rent figure was $290, compared to Non-Metro Qld's $305. Nationally, Condon-Rasmussen's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Condon - Rasmussen features high concentrations of group households, with a fairly typical median household size
Family households account for 70.2% of all households, including 25.7% couples with children, 27.4% couples without children, and 16.2% single parent families. Non-family households constitute the remaining 29.8%, with lone person households at 25.7% and group households making up 4.0% of the total. The median household size is 2.5 people, which aligns with the average for the Rest of Queensland.
Frequently Asked Questions - Households
Local Schools & Education
Condon - Rasmussen faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 12.1%, significantly lower than the Australian average of 30.4%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 9.0%, followed by postgraduate qualifications (1.6%) and graduate diplomas (1.5%). Trade and technical skills are prevalent, with 40.9% of residents aged 15+ holding vocational credentials - advanced diplomas (8.9%) and certificates (32.0%).
Educational participation is high, with 31.7% of residents currently enrolled in formal education. This includes 12.0% in primary education, 9.5% in secondary education, and 4.6% pursuing tertiary education. Condon - Rasmussen's 5 schools have a combined enrollment of 2,234 students. The area has varied educational conditions across its schools, which include 3 primary, 1 secondary, and 1 K-12 school.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Condon-Rasmussen has 39 active public transport stops serving buses. These stops are covered by two routes offering a total of 363 weekly passenger trips. The average distance to the nearest stop for residents is 335 meters.
All routes combined run an average of 51 trips per day, which equates to approximately nine weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Condon - Rasmussen is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Condon - Rasmussen faces significant health challenges, as indicated by health data. Both younger and older age groups have notable prevalence of common health conditions. Approximately 49% (5,809 people) of Condon - Rasmussen residents have private health cover, lower than the Rest of Queensland's 53.3% and the national average of 55.3%.
Mental health issues affect 10.4% of residents, while arthritis impacts 9.6%. Conversely, 62.8% report no medical ailments, compared to 67.8% in Rest of Queensland. The area has a higher proportion of seniors aged 65 and over at 17.8% (2,106 people), compared to 14.9% in Rest of Queensland. Senior health outcomes present challenges broadly aligned with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Condon - Rasmussen is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Condon-Rasmussen had a cultural diversity index below average, with 87.7% of its population being Australian citizens, 88.5% born in Australia, and 93.4% speaking English only at home. Christianity was the predominant religion, comprising 52.6% of Condon-Rasmussen's population, compared to 52.7% across Rest of Qld. The top three ancestry groups were Australian (28.5%), English (27.5%), and Australian Aboriginal (9.1%).
Notably, Maori representation was higher at 0.6%, Filipino at 1.3%, and New Zealand at 0.7%.
Frequently Asked Questions - Diversity
Age
Condon - Rasmussen's population is slightly younger than the national pattern
Condon-Rasmussen has a median age of 36, which is lower than the Rest of Qld figure of 41 and Australia's median age of 38. The 15-24 cohort is over-represented at 15.4%, while the 55-64 group is under-represented at 9.8% compared to the Rest of Qld average. Between 2021 and present, the 25 to 34 age group has increased from 13.1% to 15.3%. Conversely, the 5 to 14 cohort has decreased from 14.3% to 12.4%, and the 45 to 54 group has dropped from 12.4% to 10.8%. By 2041, demographic modeling suggests Condon-Rasmussen's age profile will change significantly. The 25 to 34 age cohort is projected to expand by 558 people (31%), from 1,809 to 2,368. Conversely, both the 55 to 64 and 5 to 14 age groups are expected to decrease in numbers.