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Suburb Insights · SA 5464

Condowie, SA 5464 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Condowie is a regional centre in South Australia, Australia, with a population of approximately 61, making it a boutique locality. Located approximately 130 km from the Adelaide CBD, Condowie is a regional area in South Australia. The median household income is $85,540 per year.

Investment Score

34 / 100 Weak

Moderate income levels in Condowie indicate steady rental demand from working households. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Adelaide
Condowie
South Australia · 5464
130 km from Adelaide CBD
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Key Indicators

Postcode
5464

Official Australia Post postcode for Condowie. A postcode may cover multiple suburbs.

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Population
61

Usual resident population at the most recent census.

Median weekly rent
$150/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$85,540/yr

Annual median household income (before tax) across all households.

Distance to CBD
130 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$934/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
79% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Condowie is a smaller community of 61 — about 2% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $85,540/year on average — 6% above the SA suburb median of $80,964 — a modest premium that supports resilient owner-occupier demand. Rent of $150/week (70% coverage of the $934/month median mortgage) leaves a gap of roughly $284/month that a typical investor bridges with negative gearing, depreciation and capital growth. Condowie is 130 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Condowie vs South Australia Median

How Condowie stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Condowie sits above the state median; negative means below.

MetricCondowieSA medianΔ vs state
Population613,699-98%
Median household income$85,540/yr$80,964/yr+6%
Median rent (weekly)$150$320-53%
Median mortgage (monthly)$934$1,616-42%
Distance to CBD130 km13 km+900%
Separate houses79%73%+6pp

Investor Checklist

Pre-inspection briefing for Condowie — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 61 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $150/week covers 70% of a $934/month mortgage, leaving a $284/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 79% houses in a 61-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Condowie property

Full Property Analysis

30-year projections for Condowie

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Condowie are modest for 2026 — incomes 6% above the SA median of $80,964 and a population of 61 suggest gains will lag headline metro markets. Rental coverage runs at ~70% of the typical mortgage ($650/month rent vs $934/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 34/100 places Condowie in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Condowie a good suburb for investment?

Condowie scores 34/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 61, median household income of $85,540/year and median weekly rent of $150. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Condowie?

The main demand drivers in Condowie are an above-state-median household income of $85,540/year, a dwelling mix that is 79% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Condowie?

Condowie has a usual resident population of approximately 61, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Condowie from the Adelaide CBD?

Condowie sits 130 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Condowie?

The most recent census recorded a median weekly rent of $150 in Condowie, equating to approximately $7,800/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Condowie?

The median monthly mortgage repayment in Condowie is $934, or approximately $11,208/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Condowie cash-flow positive for investors?

A median weekly rent of $150 works out to $650/month, covering 70% of the median mortgage repayment of $934/month. That leaves a $284/month shortfall (around $3,408/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Condowie?

The main risks are a thin buyer pool (61 residents), interest-rate sensitivity on the $934 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Condowie profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources