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Sales Activity
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Population
An assessment of population growth drivers in Condon - Rasmussen reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of Aug 2025, Condon - Rasmussen's population is approximately 11,835 people. This figure represents an increase of 1,036 individuals since the 2021 Census, which reported a population of 10,799 people. The growth was inferred from ABS estimates; as of June 2024, the estimated resident population stood at 11,360, with an additional 235 validated new addresses recorded after the Census date. This results in a population density ratio of 256 persons per square kilometer. Condon - Rasmussen's growth rate of 9.6% since the 2021 census exceeded both the SA4 region (6.9%) and the SA3 area, indicating it as a growth leader within its region. Natural growth contributed approximately 63.8% to overall population gains during recent periods, with other drivers such as overseas migration also being positive factors.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 using a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections from 2023 based on 2021 data are used. However, these state projections do not provide age category splits, so proportional growth weightings aligned with ABS Greater Capital Region projections released in 2023 using a base year of 2022 are applied. Based on projected demographic shifts, Condon - Rasmussen is expected to increase by approximately 1,493 persons to reach 2041, reflecting an overall increase of about 8.6% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Condon - Rasmussen among the top 30% of areas assessed nationwide
Condon - Rasmussen has averaged approximately 46 new dwelling approvals annually. Development approval data from the Australian Bureau of Statistics (ABS) shows a total of 232 approvals over the past five financial years, spanning FY-21 to FY-25, with 69 approvals recorded so far in FY-26. Over these five years, an average of 2.2 people have moved to the area per new home constructed, indicating strong demand that supports property values. New homes are being built at an average expected construction cost value of $332,000, which is below regional levels, providing more affordable housing options for buyers.
This financial year has seen $36.5 million in commercial approvals, reflecting high local commercial activity. Compared to the rest of Queensland, Condon - Rasmussen maintains similar development levels per person, contributing to market stability aligned with regional trends, although construction activity has recently intensified. Recent construction consists of 78.0% detached houses and 22.0% townhouses or apartments, preserving the area's traditional low-density character focused on family homes.
The current estimated population-to-dwelling-approval ratio is 391 people per approval, reflecting its quiet, low-activity development environment. Population forecasts indicate Condon - Rasmussen will gain approximately 1,018 residents by 2041. With the current construction pace, housing supply should meet demand adequately, creating favorable conditions for buyers while potentially enabling population growth that exceeds current projections.
Frequently Asked Questions - Development
Infrastructure
Condon - Rasmussen has emerging levels of nearby infrastructure activity, ranking in the 33rdth percentile nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 24 projects that could impact the area. Notable projects include Riverway Plaza Redevelopment & Stage 2 Extension, First Nations Social Housing Project (Rasmussen), Riverstone Estate, and Somers & Hervey Estate. The following list details those expected to be most relevant.
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Frequently Asked Questions - Infrastructure
Kirwan Health Campus Expansion
A $45.2 million expansion and redevelopment of the Kirwan Health Campus, including a new two-storey Green Star-certified building for enhanced specialist services such as pre-natal and post-natal care, oral health, and additional outpatient treatment spaces, along with minor refurbishments to the existing facility including expansion to the cafe seating area, air-conditioning chiller replacement, and a new staff and visitor carpark.
Riverstone Estate
Riverstone Estate is a master-planned community set on over 250 hectares of natural bushland on the banks of the Bohle River. The estate will grow to become home to over 1,500 families and includes plans for retail, recreation, playgrounds, walkways, and community amenities. The development offers lot sizes ranging from 480m2 to 1010m2 with streamlined access to major employment hubs including James Cook University, Lavarack Barracks, and Townsville University Hospital.
Riverway Plaza Redevelopment & Stage 2 Extension
Stage 2 of Riverway Plaza will upgrade the Rasmussen district centre with a second full line supermarket (approx 3,585 sqm Coles), up to 30-35 specialty retailers, a 650 sqm Snap Fitness on level 1, new commercial space, and Townsville's first retail basement carpark (about 140 spaces) with travelator access, plus 64 shaded on grade bays. Works follow the 2021 stage that delivered Woolworths, BWS, and national food outlets. Construction is scheduled to commence Jul-Aug 2025 with targeted completion by late 2026.
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 an equal mix of white and blue-collar jobs, with essential services well-represented. Its unemployment rate stood at 9.5% in June 2025.
Of its 4,794 residents employed, the jobless rate was 5.6%, exceeding Rest of Qld's rate of 3.9%. Workforce participation was lower, at 56.0% compared to Rest of Qld's 59.1%. Key employment sectors were health care & social assistance, public administration & safety, and retail trade. Public administration & safety showed strong specialization with an employment share 1.9 times the regional level, while agriculture, forestry & fishing had limited presence at 0.8% compared to the regional 4.5%.
Local job opportunities appeared limited based on Census data. Over June 2024 to June 2025, labour force levels decreased by 2.0%, employment declined by 4.9%, and unemployment rose by 2.7 percentage points. In contrast, Rest of Qld saw employment growth of 1.8% and a smaller unemployment rate increase of 0.2%. State-level data to Sep-25 showed Queensland's employment contracted by 0.23% (losing 8,070 jobs), with an unemployment rate of 4.2%, compared to the national rate of 4.5% and national employment growth of 0.26%. Jobs and Skills Australia forecasts indicated national employment growth of 6.6% over five years and 13.7% over ten years, but local projections suggested Condon-Rasmussen's growth might be approximately 6.4%% over five years and 13.4% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Condon - Rasmussen's median income among taxpayers was $52,876 in financial year 2022. The average income stood at $59,245 during the same period. This compares to figures for Rest of Qld's of $50,780 and $64,844 respectively. Based on Wage Price Index growth of 11.71% since financial year 2022, current estimates would be approximately $59,068 (median) and $66,183 (average) as of March 2025. According to census data, household, family, and personal incomes all rank modestly in Condon - Rasmussen, between the 27th and 27th percentiles. Income distribution shows that 33.0% of individuals earn between $1,500 and $2,999, which mirrors the regional figure of 31.7%. 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, comprised 90.1% houses and 9.9% other dwellings such as semi-detached homes and apartments. This is compared to Non-Metro Qld's 81.3% houses and 18.7% other dwellings. Home ownership in Condon-Rasmussen stood at 24.6%, similar to Non-Metro Qld, with the rest of dwellings either mortgaged (35.0%) or rented (40.5%). The median monthly mortgage repayment was $1,342, below Non-Metro Qld's average of $1,517. Median weekly rent in Condon-Rasmussen was $290, compared to Non-Metro Qld's $305. Nationally, Condon-Rasmussen's median mortgage repayments were lower at $1,342 versus Australia's $1,863, and rents were substantially lower at $290 compared to 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 constitute 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 comprise the remaining 29.8%, with lone person households at 25.7% and group households making up 4.0%. The median household size is 2.5 people, which aligns with the average for the Rest of Qld.
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 Australia's 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 prominent, 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 primary education (12.0%), secondary education (9.5%), and tertiary education (4.6%). Condon-Rasmussen has five schools with a combined enrollment of 2,234 students, reflecting varied educational conditions across the area. The educational mix includes three primary, one secondary, and one 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. All these stops serve buses. There are two routes in total, offering 363 weekly passenger trips combined.
The accessibility of the transport system is rated good, with residents generally living 335 meters away from their nearest stop. On average, there are 51 daily trips across all routes, which translates to about 9 weekly trips per individual 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
Health data for Condon - Rasmussen shows significant health challenges, with common conditions prevalent across both younger and older age groups. Private health cover stands at approximately 49% (~5,810 people), compared to 53.3% in Rest of Qld and a national average of 55.3%. Mental health issues affect 10.4% of residents, with arthritis impacting 9.6%, while 62.8% report no medical ailments, compared to 67.8% in Rest of Qld.
The area has 17.8% (2,106 people) aged 65 and over, higher than the 14.9% in Rest of Qld. Health outcomes among seniors 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 has a lower-than-average cultural diversity, with 87.7% of its population being Australian citizens, 88.5% born in Australia, and 93.4% speaking English only at home. Christianity is the predominant religion, comprising 52.6%, slightly higher than the Rest of Qld's 52.7%. The top three ancestry groups are Australian (28.5%), English (27.5%), and Australian Aboriginal (9.1%).
Notable differences include Maori (0.6% vs regional 0.5%), Filipino (1.3% vs 1.1%), and New Zealand (0.7% vs 0.7%) groups.
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 years and marginally lower than Australia's median age of 38 years. The 15-24 cohort is notably over-represented in Condon-Rasmussen at 15.4%, compared to the Rest of Qld average. Conversely, the 55-64 year-olds are under-represented locally at 9.8%. Between 2021 and present, the 25 to 34 age group has grown from 13.1% to 15.3% of the population. The 5 to 14 cohort has declined from 14.3% to 12.4%, while the 45 to 54 group dropped from 12.4% to 10.8%. Demographic modeling suggests that Condon-Rasmussen's age profile will evolve significantly by 2041. The 25 to 34 age cohort is projected to expand notably, increasing by 558 people (31%) from 1,809 to 2,368. Conversely, both the 55 to 64 and 5 to 14 age groups are projected to see reduced numbers.