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Condo prices · D19

Rivervale Crest

Rivervale Crescent · D19 · Outside central region · Apartment

The median sale at Rivervale Crest was $1,190,000 — $996 psf — across 87 transactions between Nov 2021 and Sept 2026. 99-year lease from 1997.

Median price
$1,190,000
87 sales in the window.
Median per sq ft
$996 psf
Median unit 1,206 sq ft.
Lease remaining
70 years
99-year lease from 1997

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.

Price per month of lease
$1,417
$1,190,000 over 70 years remaining.
Per sq ft per year
$14.10
What a square foot of this development costs for one year of lease.
Lease expires
2096
29 per cent of the lease already run.

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 38 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$761
  • 202218 sales$845
  • 202318 sales$973
  • 202418 sales$1027
  • 202514 sales$1067
  • 202615 sales$1046
Show the figures
YearMedian pricePer sq ftSales
2021$905,000$761 psf4
2022$1,001,400$845 psf18
2023$1,109,440$973 psf18
2024$1,250,000$1,027 psf18
2025$1,334,000$1,067 psf14
2026$1,260,000$1,046 psf15

What it rents for

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

Median rent per sq ft
$3.38
A month. Middle half of contracts ran $3.30 to $3.43.
Gross yield
4.07%
A year of median rent against the median sale price.
Median sale per sq ft
$996 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 D19

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.