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Condo prices · D09

Rivergate

Robertson Quay · D09 · Core central region · Apartment

The median sale at Rivergate was $4,721,000 — $2,818 psf — across 62 transactions between Nov 2021 and Sept 2026. Freehold.

Median price
$4,721,000
62 sales in the window.
Median per sq ft
$2,818 psf
Median unit 1,604 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Rivergate 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 17 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021four sales$2645
  • 202218 sales$2738
  • 2023five sales$2794
  • 202413 sales$2809
  • 202512 sales$2957
  • 202610 sales$3085
Show the figures
YearMedian pricePer sq ftSales
2021$4,375,000$2,645 psf4
2022$4,540,000$2,738 psf18
2023$5,150,000$2,794 psf5
2024$4,800,000$2,809 psf13
2025$4,800,000$2,957 psf12
2026$4,856,000$3,085 psf10

What it rents for

URA’s median of rental contracts lodged at Rivergate in 2026Q3, per square foot per month.

Median rent per sq ft
$6.56
A month. Middle half of contracts ran $6.33 to $6.96.
Gross yield
2.79%
A year of median rent against the median sale price.
Median sale per sq ft
$2,818 psf
The figure the rent is divided into.

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 D09

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.