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Condo prices · D19

Kovan Gardens

Kovan Road · D19 · Outside central region · Terrace

The median sale at Kovan Gardens was $3,055,000 — $1,736 psf of land — across four transactions between Nov 2021 and March 2023. Freehold.

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

Median price
$3,055,000
four sales in the window.
Median per sq ft of land
$1,736 psf
Median unit 1,709 sq ft.
Lease remaining
Freehold
Freehold

Kovan Gardens saw zero 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

Kovan 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

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

  • 2021one sale$1659
  • 2022two sales$1613
  • 2023one sale$1829
Show the figures
YearMedian pricePer sq ft of landSales
2021$2,880,000$1,659 psf1
2022$4,175,000$1,613 psf2
2023$3,060,000$1,829 psf1

Other landed housing in D19

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.