Carabelle
West Coast Way · D05 · Outside central region · Condominium
The median sale at Carabelle was $1,845,000 — $1,683 psf — across 42 transactions between Nov 2021 and Sept 2026. 956-year lease from 1928.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
The median moved up 24 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021five sales$1410
- 2022six sales$1427
- 2023eight sales$1618
- 2024nine sales$1774
- 2025nine sales$1835
- 2026five sales$1750
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,880,000 | $1,410 psf | 5 |
| 2022 | $1,734,444 | $1,427 psf | 6 |
| 2023 | $1,525,000 | $1,618 psf | 8 |
| 2024 | $2,228,000 | $1,774 psf | 9 |
| 2025 | $2,156,000 | $1,835 psf | 9 |
| 2026 | $2,390,000 | $1,750 psf | 5 |
What it rents for
URA’s median of rental contracts lodged at Carabelle in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D05
- Hudson Place Residences · $2,483 psf
- Parc Clematis · $2,012 psf
- Normanton Park · $1,892 psf
- Bloomsbury Residences · $2,522 psf
- Terra Hill · $2,665 psf
- Elta · $2,546 psf
- Whistler Grand · $1,871 psf
- Clavon · $2,020 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.