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Condo prices · D10

Gramercy Park

Grange Road · D10 · Core central region · Condominium

The median sale at Gramercy Park was $6,244,000 — $2,866 psf — across 10 transactions between April 2022 and Aug 2026. Freehold.

Figures here are based on 10 sales.

Median price
$6,244,000
10 sales in the window.
Median per sq ft
$2,866 psf
Median unit 2,137 sq ft.
Lease remaining
Freehold
Freehold

Gramercy Park saw two 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

Gramercy 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.

  • 2022two sales$3289
  • 2023one sale$3625
  • 2024one sale$2858
  • 2025four sales$2826
  • 2026two sales$2645
Show the figures
YearMedian pricePer sq ftSales
2022$7,919,000$3,289 psf2
2023$8,000,000$3,625 psf1
2024$3,630,000$2,858 psf1
2025$6,600,000$2,826 psf4
2026$5,400,000$2,645 psf2

What it rents for

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

Median rent per sq ft
$6.32
A month. Middle half of contracts ran $5.87 to $6.91.
Gross yield
2.65%
A year of median rent against the median sale price.
Median sale per sq ft
$2,866 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.