Sommerville Park
Farrer Drive · D10 · Core central region · Condominium, Strata Terrace
The median sale at Sommerville Park was $3,800,000 — $2,111 psf — across 63 transactions between Oct 2021 and Aug 2026. Freehold.
What it costs per month of lease
Sommerville Park 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.
- 2021three sales$1922
- 2022eight sales$1931
- 2023eight sales$2108
- 202420 sales$2073
- 202518 sales$2185
- 2026six sales$2247
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,050,000 | $1,922 psf | 3 |
| 2022 | $2,659,444 | $1,931 psf | 8 |
| 2023 | $4,012,500 | $2,108 psf | 8 |
| 2024 | $3,305,000 | $2,073 psf | 20 |
| 2025 | $4,257,500 | $2,185 psf | 18 |
| 2026 | $3,625,000 | $2,247 psf | 6 |
What it rents for
URA’s median of rental contracts lodged at Sommerville Park 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 D10
- D'leedon · $1,933 psf
- Upperhouse At Orchard Boulevard · $3,332 psf
- Amberwood At Holland · $3,020 psf
- Valley Park · $2,138 psf
- The Draycott · $2,275 psf
- Leedon Green · $2,844 psf
- Spring Grove · $1,757 psf
- Fourth Avenue Residences · $2,517 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.