Leicester Suites
Leicester Road · D13 · Rest of central region · Apartment
The median sale at Leicester Suites was $800,000 — $1,818 psf — across seven transactions between Nov 2021 and March 2025. Freehold.
Figures here are based on just seven sales, which is too few to call a market rate.
Leicester Suites 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
Leicester Suites 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$1692
- 2022two sales$1731
- 2023one sale$1818
- 2024two sales$1891
- 2025one sale$1980
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $783,000 | $1,692 psf | 1 |
| 2022 | $782,500 | $1,731 psf | 2 |
| 2023 | $822,000 | $1,818 psf | 1 |
| 2024 | $794,000 | $1,891 psf | 2 |
| 2025 | $895,000 | $1,980 psf | 1 |
What it rents for
URA’s median of rental contracts lodged at Leicester Suites in 2026Q2, 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 D13
- Park Colonial · $2,185 psf
- The Tre Ver · $1,926 psf
- Bartley Ridge · $1,793 psf
- The Woodleigh Residences · $2,248 psf
- The Poiz Residences · $1,940 psf
- The Venue Residences · $1,790 psf
- 8@Woodleigh · $1,741 psf
- Nin Residence · $1,561 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.