Condobolin, NSW

FAIR VALUE

3,066 sales · 36 years of data · NSW, Australia

$280,000
Median (All)
$280,000
Median (Houses)
N/A
Median (Apartments)
2.0%
10yr CAGR
1.9%
36yr CAGR
0.0%
Strata %
36 years of data · 3,066 sales analysed · 2,500+ suburbs · Updated weekly

Condobolin, NSW Property Market Overview

Condobolin, NSW, postcode 2877, presents a unique perspective on the Australian property market. Located in regional New South Wales, Condobolin offers a different pace compared to the bustling city markets. Our data spans 36 years, recording a total of 3,066 property sales.

Currently, the median property price in Condobolin stands at $280,000, reflecting solely house sales as apartment data is unavailable. This makes Condobolin an interesting case study when analysing property trends outside major metropolitan areas. The lack of apartment buildings in the area contributes to its distinct character and market dynamics.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $609,497
Based on the 10-year compound annual growth rate of 2.0%
Predominantly houses0% apartments
100% of sales are houses and other non-strata properties
Loading chart...

Property Mix

100%
Houses 100%$280,000Apartments 0%N/A

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Condobolin

Street Rankings

Top streets in Condobolin, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Goodwill StHouse7$240,000
2Molong StHouse8$250,000
3Mahonga StHouse7$240,000
4Bathurst StHouse8$187,500

... and 268 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Melrose StHouse9$295/m²
2Kiacatoo RdHouse3$6,226/m²
3Officers PdeHouse4$453/m²
4L'estrange StHouse3$360/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Officers PdeHouse+4.0%
2Busby StHouse+3.9%
3Orange StHouse+6.9%
4Melrose StHouse+5.8%

... and more street growth rates

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Past growth rates are not indicative of future performance. This data is for informational purposes only.

Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

42
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

0%
apartments across the suburb

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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272 streets to explore

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All 272 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
0 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,066 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Condobolin at a Glance

Region
Central West, NSW
CBD Distance
Approximately 470km west of Sydney CBD
Train Station
Nearest station is Parkes Station (NSW TrainLink)
Council
Lachlan Shire Council
Property Character
Predominantly detached houses with a rural character
Community
Families and retirees seeking a rural lifestyle

Condobolin, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Condobolin, NSW

Life in Condobolin offers a relaxed, rural atmosphere. The town is serviced by Condobolin Public School and Condobolin High School, providing education options for families. While Condobolin doesn't have a train station within the town itself, it's accessible by road. Local amenities include a supermarket, several smaller shops, and parks such as Rotary Park, creating a close-knit community feel.

The pace of life in Condobolin is slower compared to major cities, with a focus on community events and outdoor activities. The Lachlan River flows nearby, offering opportunities for fishing and recreation. The overall vibe is one of a friendly, welcoming country town.


Who Buys in Condobolin?

The buyer profile in Condobolin typically includes families seeking affordable housing, first home buyers entering the property market, and those looking for a quieter lifestyle. The median house price of $280,000 makes Condobolin accessible to a broader range of buyers than many metropolitan suburbs. The absence of apartments and low strata percentage indicates a preference for detached housing. The historical growth rates might appeal to those seeking long-term value retention rather than rapid capital gains.

Market Analysis

Analysing Condobolin's property cycle position indicates that the market is currently near its long-term trend. This suggests that property values in Condobolin are, on average, at fair value relative to historical performance. It's important to note that this assessment reflects past market behaviour and doesn't guarantee future outcomes.

Being near its long-term trend suggests that Condobolin hasn't experienced significant booms or busts recently, indicating a degree of stability. This might appeal to those seeking consistency in property values, although every investor's perspective is different.


Is Condobolin a Good Investment?

Analysing Condobolin's property market reveals a pattern of steady, measured growth rather than rapid booms. The 10-year CAGR of 2.0% and 20-year CAGR of 2.8% indicates consistent, albeit moderate, appreciation over time. The market's current position near its long-term trend suggests that Condobolin is not currently experiencing significant price deviations from its historical performance.

The dominance of houses and the lack of apartment buildings shape the property landscape in Condobolin. Factors driving property values here likely include affordability, lifestyle, and the demand for detached housing. These observations are based on historical sales data and should not be interpreted as a recommendation to buy or sell property in Condobolin.


Condobolin Market Outlook

As of early 2026, Condobolin's property market is positioned near its long-term trend, reflecting a state of fair value. Recent price trends indicate a degree of stability, aligning with historical growth patterns. The absence of significant market fluctuations suggests a balanced market environment in Condobolin as of early 2026.

Streets & Location in Condobolin, NSW

Condobolin, identified by postcode 2877, features a network of 272 streets. Among these, Bathurst St, Goodwill St, and Molong St represent some of the streets with higher median property prices. The location of a property within Condobolin can influence its value, with proximity to amenities and local features playing a role.

Market Dynamics

Transaction patterns in Condobolin reveal an average settlement timeframe of 42 days. This figure provides insights into the efficiency of property transactions within the area. The absence of quick-flip data suggests that speculative buying and selling is not a prominent feature of the Condobolin property market. Investor activity data is not available.

Development & Density

Condobolin's development density is characterised by a predominance of detached houses. There are no apartment buildings recorded in our data for Condobolin, leading to a 0.0% strata percentage. This lack of high-density development contributes to the suburb's overall character and distinguishes it from more urbanised areas.

Growth & Property Mix

Historically, Condobolin's property market has demonstrated steady, albeit moderate, growth. Over the past 10 years, the Compound Annual Growth Rate (CAGR) has been 2.0%. Extending the timeframe, the 20-year CAGR sits at 2.8%, while the full-period CAGR (36 years) is 1.9%. The property mix in Condobolin is predominantly houses, with a negligible percentage of strata titled apartments.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Condobolin, NSW

What is the median property price in Condobolin?
The current median property price in Condobolin is $280,000. This figure represents the median price for houses as there is no apartment data available for the suburb. This reflects the affordable nature of the property market compared to larger cities.
Is Condobolin overvalued or undervalued?
Condobolin's property market is currently assessed as being near its long-term trend. This indicates that property values are, on average, at a fair value relative to historical performance. It is important to consider this is a snapshot in time.
How has the Condobolin property market performed over 10 years?
Over the past 10 years, the Condobolin property market has experienced a Compound Annual Growth Rate (CAGR) of 2.0%. This indicates a steady, albeit moderate, level of growth in property values over the decade. This growth rate reflects the overall stability of the housing market in Condobolin.
What percentage of Condobolin is apartments vs houses?
Apartments make up 0.0% of the property market in Condobolin. This means the market consists entirely of houses. This is primarily due to the fact that there are no apartment buildings in the area.
Where is Condobolin in the property cycle?
Condobolin's property market is currently positioned near its long-term trend. This suggests that the market is neither significantly overvalued nor undervalued at this time. This position reflects a degree of stability in the local property market.
What schools are near Condobolin?
Condobolin is serviced by Condobolin Public School and Condobolin High School. These schools provide education for primary and secondary students in the local area. They are important community hubs that cater to the local population.
What is Condobolin like to live in?
Condobolin offers a relaxed, rural lifestyle with a strong sense of community. It's a smaller town with a slower pace of life compared to major cities. Residents enjoy access to local parks, shops, and community events.
Is Condobolin good for families?
Condobolin can be a suitable place for families, with its affordable housing and access to local schools. The area offers a safe and friendly environment with plenty of outdoor spaces for children to enjoy. However, amenities and services are limited compared to larger cities.
How far is Condobolin from Sydney CBD?
Condobolin is located approximately 470km west of Sydney CBD. This distance makes it a regional town, quite a drive from the major metropolitan area. Travel would typically be by car or coach.
What transport options are in Condobolin?
Transport options in Condobolin are primarily road-based. There is no train station directly in Condobolin; the nearest station is in Parkes. Bus services connect Condobolin with other regional centres, and the town is accessible via major roads.
How does Condobolin compare to nearby suburbs?
Compared to nearby suburbs, Condobolin generally offers more affordable property prices. Growth rates may be similar or slightly lower than in larger regional centres. The town's smaller size and rural character distinguish it from more developed areas.
Is Condobolin a good first home buyer suburb?
Condobolin's median house price of $280,000 could potentially make it accessible for some first home buyers. The lack of apartments may limit options for those seeking smaller, more affordable properties. The historical growth rate is consistent with regional areas.
What are the best streets in Condobolin?
Based on median property prices, some of the top streets in Condobolin include Bathurst St, Goodwill St, and Molong St. These streets may offer desirable locations or larger properties, contributing to their higher values. The full street price data is available to premium subscribers.
How many properties have been sold in Condobolin?
Over the period of data analysed, a total of 3,066 properties have been sold in Condobolin. This figure represents all recorded sales within the suburb over the past 36 years. This figure provides a view into the market's overall activity.
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