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Condo prices · D12

Lavender Residence

Lavender Street · D12 · Rest of central region · Apartment

The median sale at Lavender Residence was $1,632,000 — $1,995 psf — across 17 transactions between June 2023 and Nov 2024. Freehold.

Figures here are based on 17 sales.

Median price
$1,632,000
17 sales in the window.
Median per sq ft
$1,995 psf
Median unit 872 sq ft.
Lease remaining
Freehold
Freehold

Lavender Residence 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

Lavender Residence 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

The median moved up 7 per cent a square foot between 2023 and 2024. The sale count beside each year is how much evidence that year rests on.

  • 202311 sales$1949
  • 2024six sales$2083
Show the figures
YearMedian pricePer sq ftSales
2023$1,740,000$1,949 psf11
2024$1,420,000$2,083 psf6

Other developments in D12

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.