Parbury Hill Condominium
Parbury Avenue · D16 · Outside central region · Condominium
The median sale at Parbury Hill Condominium was $2,350,000 — $1,623 psf — across 23 transactions between Nov 2021 and Aug 2026. Freehold.
What it costs per month of lease
Parbury Hill Condominium 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$1275
- 2022four sales$1350
- 2023four sales$1551
- 2024three sales$1617
- 2025five sales$1714
- 2026six sales$1763
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,880,000 | $1,275 psf | 1 |
| 2022 | $2,154,000 | $1,350 psf | 4 |
| 2023 | $1,539,444 | $1,551 psf | 4 |
| 2024 | $2,350,000 | $1,617 psf | 3 |
| 2025 | $2,200,368 | $1,714 psf | 5 |
| 2026 | $3,134,000 | $1,763 psf | 6 |
What it rents for
URA’s median of rental contracts lodged at Parbury Hill Condominium in 2025Q3, 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 D16
- Pinery Residences · $2,548 psf
- Vela Bay · $2,867 psf
- The Bayshore · $1,302 psf
- Eco · $1,484 psf
- The Glades · $1,646 psf
- Urban Vista · $1,541 psf
- Grandeur Park Residences · $1,906 psf
- Archipelago · $1,481 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.