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Condo prices · D27

Eight Courtyards

Canberra Drive · D27 · Outside central region · Condominium

The median sale at Eight Courtyards was $1,255,000 — $1,268 psf — across 114 transactions between Oct 2021 and Oct 2026. 99-year lease from 2010.

Median price
$1,255,000
114 sales in the window.
Median per sq ft
$1,268 psf
Median unit 1,039 sq ft.
Lease remaining
83 years
99-year lease from 2010

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.

Price per month of lease
$1,260
$1,255,000 over 83 years remaining.
Per sq ft per year
$14.56
What a square foot of this development costs for one year of lease.
Lease expires
2109
16 per cent of the lease already run.

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 36 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021six sales$1024
  • 202229 sales$1132
  • 202313 sales$1237
  • 202428 sales$1281
  • 202523 sales$1323
  • 202615 sales$1394
Show the figures
YearMedian pricePer sq ftSales
2021$1,029,000$1,024 psf6
2022$1,188,000$1,132 psf29
2023$1,212,000$1,237 psf13
2024$1,204,444$1,281 psf28
2025$1,400,000$1,323 psf23
2026$1,523,000$1,394 psf15

What it rents for

URA’s median of rental contracts lodged at Eight Courtyards in 2026Q3, per square foot per month.

Median rent per sq ft
$3.90
A month. Middle half of contracts ran $3.78 to $4.03.
Gross yield
3.69%
A year of median rent against the median sale price.
Median sale per sq ft
$1,268 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 D27

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.