312/38 Gregory Street, Condon
Listing data updated 16 June 2026
- Beautifully presented and positioned on the top floor, this stylish 2-bedroom, 2-bathroom apartment offers the perfect opportunity for savvy investors seeking immediate returns and long-term peace of mind. Currently tenanted until November 2026 with a secure rental income of $470 per week and the latest rental increase completed in November 2025, this property is an effortless addition to any investment portfolio.Spanning approximately 99sqm, the apartment combines comfort, practicality, and low-maintenance living in a highly appealing lifestyle setting. The well-designed layout features spacious open-plan living, generous bedrooms, and modern finishes throughout, creating a welcoming space tenants love to call home.Step outside to the beautiful private balcony overlooking the sparkling communal swimming pool - the perfect place to relax and enjoy the peaceful surroundings. Residents can also enjoy the secure complex lifestyle with resort-style amenities designed for comfort and convenience.With strong rental security already in place and a beautifully maintained presentation, this is an outstanding opportunity to secure a quality investment in a sought-after complex. Additional Information: • Tenanted until November 2026 • Current rental return: $470 per week • Latest rental increase completed November 2025 • Body Corporate: Approx. $1,295.51per quarter • 99sqm top-floor apartment • Beautiful balcony overlooking the pool • Private complex with a communal swimming pool
RealistIQ deal score
Strong value signal
92
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 312/38 Gregory Street, Condon before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
Unlock PlusSee the 12-month outlook for this property.
From $29.90/month. Cancel anytime.
Before you inspect, check what similar properties actually sold for.
Unlock Plus to see the full list of comparable sales
Property features
Features detected from the listing details.
Outdoor & building
Listing details
- Status
- Offers over $439,000
Agent and agency
Unlock Plus to see the full list of comparable sales