Estella Gardens
Flora Road · D17 · Outside central region · Condominium
The median sale at Estella Gardens was $1,190,000 — $1,146 psf — across 51 transactions between Nov 2021 and Aug 2026. Freehold.
What it costs per month of lease
Estella Gardens 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
The median moved up 19 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021four sales$1002
- 202212 sales$1037
- 2023eight sales$1139
- 2024seven sales$1175
- 202511 sales$1188
- 2026nine sales$1191
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $671,500 | $1,002 psf | 4 |
| 2022 | $1,201,944 | $1,037 psf | 12 |
| 2023 | $1,080,000 | $1,139 psf | 8 |
| 2024 | $1,408,888 | $1,175 psf | 7 |
| 2025 | $1,140,000 | $1,188 psf | 11 |
| 2026 | $1,450,000 | $1,191 psf | 9 |
What it rents for
URA’s median of rental contracts lodged at Estella Gardens 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 D17
- Coastal Cabana · $1,796 psf
- Hedges Park Condominium · $1,215 psf
- The Jovell · $1,472 psf
- Parc Olympia · $1,165 psf
- Carissa Park Condominium · $1,159 psf
- Kassia · $2,067 psf
- The Inflora · $1,272 psf
- Palm Isles · $1,181 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.