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Condo prices · D11

Gilstead Two

Gilstead Road · D11 · Core central region · Apartment

The median sale at Gilstead Two was $1,850,000 — $2,245 psf — across 16 transactions between Oct 2022 and Aug 2026. Freehold.

Figures here are based on 16 sales.

Median price
$1,850,000
16 sales in the window.
Median per sq ft
$2,245 psf
Median unit 904 sq ft.
Lease remaining
Freehold
Freehold

Gilstead Two saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

Gilstead Two 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.

  • 2022one sale$2323
  • 2023six sales$2213
  • 2024five sales$2258
  • 2025two sales$2024
  • 2026two sales$2385
Show the figures
YearMedian pricePer sq ftSales
2022$2,100,000$2,323 psf1
2023$1,840,000$2,213 psf6
2024$1,750,000$2,258 psf5
2025$1,830,000$2,024 psf2
2026$2,015,000$2,385 psf2

What it rents for

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

Median rent per sq ft
$5.42
A month. Middle half of contracts ran $5.20 to $5.55.
Gross yield
2.90%
A year of median rent against the median sale price.
Median sale per sq ft
$2,245 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 D11

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.