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Condo prices · D19

Kovan Jewel

Kovan Road · D19 · Outside central region · Apartment

The median sale at Kovan Jewel was $2,386,850 — $2,146 psf — across 19 transactions between Nov 2022 and Sept 2025. Freehold.

Figures here are based on 19 sales.

Median price
$2,386,850
19 sales in the window.
Median per sq ft
$2,146 psf
Median unit 1,076 sq ft.
Lease remaining
Freehold
Freehold

Kovan Jewel 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 Jewel 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.

  • 2022four sales$2120
  • 2023three sales$2126
  • 2024nine sales$2146
  • 2025three sales$2236
Show the figures
YearMedian pricePer sq ftSales
2022$1,948,000$2,120 psf4
2023$2,338,800$2,126 psf3
2024$2,398,000$2,146 psf9
2025$2,406,800$2,236 psf3

Other developments 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.