Phoenix Residences
Phoenix Avenue · D23 · Outside central region · Apartment
The median sale at Phoenix Residences was $1,223,816 — $1,581 psf — across 62 transactions between Oct 2021 and June 2026. 99-year lease from 2019.
Phoenix Residences saw two 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
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 | $1,216,586 | $1,577 psf | 57 |
| Sub-sale | $1,292,820 | $1,887 psf | 3 |
| Resale | $1,865,000 | $1,661 psf | 2 |
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.
- 202110 sales$1481
- 202247 sales$1594
- 2023one sale$1741
- 2025three sales$1887
- 2026one sale$1603
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,085,855 | $1,481 psf | 10 |
| 2022 | $1,216,586 | $1,594 psf | 47 |
| 2023 | $1,292,820 | $1,741 psf | 1 |
| 2025 | $1,950,000 | $1,887 psf | 3 |
| 2026 | $1,380,000 | $1,603 psf | 1 |
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.