Normanton Park
Normanton Park · D05 · Rest of central region · Apartment, Strata Terrace
The median sale at Normanton Park was $1,724,000 — $1,892 psf — across 860 transactions between Oct 2021 and Oct 2026. 99-year lease from 2019.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
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 |
|---|---|---|---|
| New sale | $1,741,000 | $1,857 psf | 577 |
| Sub-sale | $1,565,000 | $2,083 psf | 208 |
| Resale | $1,518,888 | $2,013 psf | 75 |
Year by year
The median moved up 9 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021201 sales$1839
- 2022376 sales$1866
- 2023two sales$2072
- 202466 sales$2121
- 2025126 sales$2045
- 202689 sales$2008
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,640,000 | $1,839 psf | 201 |
| 2022 | $1,786,500 | $1,866 psf | 376 |
| 2023 | $1,479,000 | $2,072 psf | 2 |
| 2024 | $1,531,500 | $2,121 psf | 66 |
| 2025 | $1,775,000 | $2,045 psf | 126 |
| 2026 | $1,518,000 | $2,008 psf | 89 |
What it rents for
URA’s median of rental contracts lodged at Normanton Park in 2026Q3, 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 D05
- Hudson Place Residences · $2,483 psf
- Parc Clematis · $2,012 psf
- Bloomsbury Residences · $2,522 psf
- Terra Hill · $2,665 psf
- Elta · $2,546 psf
- Whistler Grand · $1,871 psf
- Clavon · $2,020 psf
- Faber Residence · $2,154 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.