Rivertrees Residences
Fernvale Close · D28 · Outside central region · Apartment, Strata Terrace
The median sale at Rivertrees Residences was $1,368,888 — $1,471 psf — across 127 transactions between Oct 2021 and Sept 2026. 99-year lease from 2013.
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.
Year by year
The median moved up 30 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021eight sales$1253
- 202225 sales$1295
- 202322 sales$1410
- 202427 sales$1477
- 202526 sales$1562
- 202619 sales$1624
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,052,000 | $1,253 psf | 8 |
| 2022 | $1,050,000 | $1,295 psf | 25 |
| 2023 | $1,545,000 | $1,410 psf | 22 |
| 2024 | $1,288,000 | $1,477 psf | 27 |
| 2025 | $1,542,500 | $1,562 psf | 26 |
| 2026 | $1,485,000 | $1,624 psf | 19 |
What it rents for
URA’s median of rental contracts lodged at Rivertrees Residences 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 D28
- High Park Residences · $1,535 psf
- The Topiary · $1,340 psf
- Parc Botannia · $1,611 psf
- Riverbank @ Fernvale · $1,365 psf
- Lush Acres · $1,306 psf
- Sunrise Gardens · $1,011 psf
- The Greenwich · $1,228 psf
- H2o Residences · $1,340 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.