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Condo prices · D10

Dormer Park

Jervois Road · D10 · Core central region · Condominium

The median sale at Dormer Park was $3,400,000 — $2,079 psf — across 19 transactions between Dec 2021 and July 2026. Freehold.

Figures here are based on 19 sales.

Median price
$3,400,000
19 sales in the window.
Median per sq ft
$2,079 psf
Median unit 1,668 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Dormer Park 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.

  • 2021one sale$1724
  • 2022one sale$1873
  • 2023two sales$1969
  • 2024two sales$2023
  • 2025eight sales$2131
  • 2026five sales$2128
Show the figures
YearMedian pricePer sq ftSales
2021$4,250,000$1,724 psf1
2022$3,125,000$1,873 psf1
2023$3,285,000$1,969 psf2
2024$2,975,000$2,023 psf2
2025$3,140,000$2,131 psf8
2026$3,510,000$2,128 psf5

What it rents for

URA’s median of rental contracts lodged at Dormer Park in 2025Q3, per square foot per month.

Median rent per sq ft
$3.85
A month. Middle half of contracts ran $3.53 to $4.44.
Gross yield
2.22%
A year of median rent against the median sale price.
Median sale per sq ft
$2,079 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 D10

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.