Laurel Tree
Hillview Terrace · D23 · Outside central region · Apartment
The median sale at Laurel Tree was $726,888 — $1,534 psf — across 23 transactions between Oct 2022 and May 2026. Freehold.
Laurel Tree 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
Laurel Tree 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.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| Sub-sale | $693,150 | $1,498 psf | 5 |
| Resale | $733,000 | $1,537 psf | 18 |
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$1478
- 202313 sales$1502
- 2024four sales$1548
- 2025three sales$1556
- 2026one sale$1534
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $684,075 | $1,478 psf | 2 |
| 2023 | $728,000 | $1,502 psf | 13 |
| 2024 | $732,500 | $1,548 psf | 4 |
| 2025 | $720,000 | $1,556 psf | 3 |
| 2026 | $710,000 | $1,534 psf | 1 |
What it rents for
URA’s median of rental contracts lodged at Laurel Tree in 2025Q1, per square foot per month.
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 D23
- Narra Residences · $2,165 psf
- Sol Acres · $1,404 psf
- Midwood · $1,834 psf
- The Myst · $2,079 psf
- Inz Residence · $1,425 psf
- Kingsford . Hillview Peak · $1,435 psf
- Dairy Farm Residences · $1,696 psf
- The Hillier · $1,539 psf
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.