Condobolin, NSW 2877
Forbes Shire CouncilAll suburbs in postcode 2877
Updated
Median house price
$275,000
-1.8% over the past year.
Median of 65 house sales · NSW Valuer General · calendar 2025
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Condobolin at a glance
- Median unit
- $150,480
- Weekly rent
- $370
- Houses
- Population
- 3,185
- Median age 39
Prices: Median of 65 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2877), December 2025 · Population: 2021 Census
House prices in Condobolin
Houses change hands at $275,000 on a typical sale, well below the NSW median (65 house sales, NSW Valuer General, calendar 2025). Units come in around $150,480, roughly 45% below the house median. The 12-month picture shows a softening market (-1.8%), giving buyers more room to negotiate.
For sellers
With 12-month growth at -1.8%, pricing should anchor to the most recent six months of comparables, not last year's peak.
For buyers
A 20% deposit on the median house works out to roughly $55,000. Prices are well below the NSW median, which keeps Condobolin on the radar for first-home buyers and right-sizers.
Rental data as of December 2025· NSW rental bond data (postcode 2877)
Free appraisal in Condobolin
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What to know about Condobolin
Condobolin (2877) sits in the Forbes region of NSW. The median house here is $275,000, well below the NSW median of around $1.10M. Prices have moved -1.8% over the past year, well behind the NSW average (3%).
Condobolin has roughly 3,185 residents, with a typical family-age mix. Households are mostly owner-occupied. The area is somewhat walkable for a typical errand run, but a car still helps for grocery runs and weekend trips.
What it’s like to live here
Condobolin scores 68/100 on walkability, which makes it somewhat walkable with limited public transport. A short drive opens up most amenities; a car-light household is workable but not optimal.
Summer days here average around 35°C (hot), winter mornings around 3°C (cold). Annual rainfall lands at about 430 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 1 government primary, 1 government secondary, 1 Catholic, 1 independent.
Schools in Condobolin
Schools serving Condobolin: government first, then Catholic and independent.
Government schools
Condobolin Public School
Condobolin High School
Non-government schools
St Joseph's Parish School
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 68/100
- Transit
- 10/100
- Bike
- 5/100
Somewhat walkable. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Condobolin's population at 3,185, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (64% own, 30% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (66% family households, 32% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 66%
- Lone person
- 32%
- Owner occupied
- 64%
- Renter occupied
- 30%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 7.00% (median rent $370/wk against a $275,000 price tag). With 30% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 7.00%
- On the $275,000 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- -1.8%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
377 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 430 mm
- Hottest month, avg max
- 34.6°C
- Coldest month, avg min
- 3.2°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Condobolin
- What is the median house price in Condobolin?
- The median house price in Condobolin, NSW 2877 is $275,000 (median of 65 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $150,480. Annual growth is -1.8%.
- How much is my house worth in Condobolin?
- A useful starting point is the Condobolin median house price of $275,000 (units $150,480). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Condobolin a good investment?
- On the published figures, the gross rental yield on houses in Condobolin is 7.0%: the median weekly house rent is $370 (NSW rental bond data (postcode 2877), December 2025) against the median house price of $275,000 (NSW Valuer General, calendar 2025). The median house price fell 1.8% over 12 months on the same NSW Valuer General figures. Whether Condobolin is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Condobolin postcode?
- Condobolin is in the 2877 postcode, in NSW, in the Forbes Shire Council region.
- Where is Condobolin?
- Condobolin is a suburb in the Forbes Shire Council area, NSW 2877.
- What is the average rent in Condobolin?
- The median weekly rent for houses is $370.
- What schools are in Condobolin?
- There are 4 schools serving Condobolin on this page, including Condobolin Public School, St Joseph's Parish School, Condobolin High School.
- How walkable is Condobolin?
- Condobolin has a Walk Score of 68 out of 100, somewhat walkable. transit score 10, bike score 5.
- What suburbs are near Condobolin?
- Condobolin is close to Derriwong, Mulguthrie, Ootha, Fairholme, Kiacatoo.
- What is the population of Condobolin?
- The population of Condobolin is approximately 3,185 (2021 Census). The median age is 39.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.