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Condo prices · D28

Green Springs

Gerald Crescent · D28 · Outside central region · Terrace, Detached

The median sale at Green Springs was $3,800,000 — $2,184 psf of land — across three transactions between Oct 2023 and Sept 2026. 999-year lease from 1879.

Figures here are based on just three sales, which is too few to call a market rate.

Median price
$3,800,000
three sales in the window.
Median per sq ft of land
$2,184 psf
Median unit 1,625 sq ft.
Lease remaining
852 years
999-year lease from 1879

Green Springs saw one sale 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

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
$372
$3,800,000 over 852 years remaining.
Per sq ft per year
$2.74
What a square foot of this development costs for one year of lease.
Lease expires
2878
15 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

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2023one sale$2184
  • 2025one sale$2354
  • 2026one sale$1218
Show the figures
YearMedian pricePer sq ft of landSales
2023$3,550,000$2,184 psf1
2025$3,800,000$2,354 psf1
2026$6,028,000$1,218 psf1

Other landed housing in D28

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.