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Condo prices · D17

Carissa Park Condominium

Flora Drive · D17 · Outside central region · Condominium

The median sale at Carissa Park Condominium was $1,210,000 — $1,159 psf — across 87 transactions between Nov 2021 and Sept 2026. Freehold.

Median price
$1,210,000
87 sales in the window.
Median per sq ft
$1,159 psf
Median unit 1,033 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Carissa Park Condominium is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021three sales$934
  • 202217 sales$1045
  • 2023eight sales$1069
  • 202420 sales$1153
  • 202518 sales$1221
  • 202621 sales$1261
Show the figures
YearMedian pricePer sq ftSales
2021$885,000$934 psf3
2022$1,425,888$1,045 psf17
2023$1,220,000$1,069 psf8
2024$1,330,000$1,153 psf20
2025$1,192,500$1,221 psf18
2026$1,400,000$1,261 psf21

What it rents for

URA’s median of rental contracts lodged at Carissa Park Condominium in 2026Q3, per square foot per month.

Median rent per sq ft
$3.10
A month. Middle half of contracts ran $2.95 to $3.34.
Gross yield
3.21%
A year of median rent against the median sale price.
Median sale per sq ft
$1,159 psf
The figure the rent is divided into.

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 D17

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.