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Suburb Insights · VIC 3303

Condah, VIC 3303 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Condah is a regional centre in Victoria, Australia, with a population of approximately 104, making it a boutique locality. Located approximately 286 km from the Melbourne CBD, Condah is a regional area in Victoria. The median household income is $84,500 per year.

Investment Score

38 / 100 Weak

Moderate income levels in Condah indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Melbourne
Condah
Victoria · 3303
286 km from Melbourne CBD
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Key Indicators

Postcode
3303

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

Australia Post Postcode Finder →
Population
104

Usual resident population at the most recent census.

Median weekly rent
$206/wk

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

Median household income
$84,500/yr

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

Distance to CBD
286 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
$1,000/mo

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

Home type
85% houses

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

Investment Insight

Condah is a smaller community of 104 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $84,500/year is 11% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $206/week (89% coverage of the $1,000/month median mortgage) leaves a gap of roughly $107/month that a typical investor bridges with negative gearing, depreciation and capital growth. Condah is 286 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Condah vs Victoria Median

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

MetricCondahVIC medianΔ vs state
Population1047,416-99%
Median household income$84,500/yr$95,160/yr-11%
Median rent (weekly)$206$380-46%
Median mortgage (monthly)$1,000$1,950-49%
Distance to CBD286 km32 km+794%
Separate houses85%78%+7pp

Investor Checklist

Pre-inspection briefing for Condah — 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 104 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Strong rental coverage: $206/week (~$893/month) covers 89% of the $1,000/month median mortgage repayment, so the shortfall sits at just $107/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 85% houses in a 104-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 Condah property

Full Property Analysis

30-year projections for Condah

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Condah are modest for 2026 — incomes 11% below the VIC median of $95,160 and a population of 104 suggest gains will lag headline metro markets. Rental coverage runs at ~89% of the typical mortgage ($893/month rent vs $1,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 38/100 places Condah 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 Condah a good suburb for investment?

Condah scores 38/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 104, median household income of $84,500/year and median weekly rent of $206. 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 Condah?

The main demand drivers in Condah are a median household income of $84,500/year, a dwelling mix that is 85% 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 Condah?

Condah has a usual resident population of approximately 104, compared with a Victoria suburb median of 7,416 — 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 Condah from the Melbourne CBD?

Condah sits 286 km straight-line from the Melbourne 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 Condah?

The most recent census recorded a median weekly rent of $206 in Condah, equating to approximately $10,712/year in gross rental income (state median $380/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 Condah?

The median monthly mortgage repayment in Condah is $1,000, or approximately $12,000/year (vs $1,950/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 Condah cash-flow positive for investors?

A median weekly rent of $206 works out to $893/month, covering 89% of the median mortgage repayment of $1,000/month. That leaves a $107/month shortfall (around $1,284/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 Condah?

The main risks are a thin buyer pool (104 residents), interest-rate sensitivity on the $1,000 median mortgage, the broader Victoria 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 Condah 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.

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Victoria Property Resources