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Condo prices · D02

Spottiswoode 18

Spottiswoode Park Road · D02 · Rest of central region · Apartment

The median sale at Spottiswoode 18 was $943,000 — $2,332 psf — across 51 transactions between Nov 2021 and June 2026. Freehold.

Median price
$943,000
51 sales in the window.
Median per sq ft
$2,332 psf
Median unit 388 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Spottiswoode 18 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 6 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$2271
  • 2022nine sales$2194
  • 2023six sales$2374
  • 202416 sales$2351
  • 2025nine sales$2333
  • 2026six sales$2408
Show the figures
YearMedian pricePer sq ftSales
2021$925,000$2,271 psf5
2022$1,135,888$2,194 psf9
2023$952,500$2,374 psf6
2024$959,000$2,351 psf16
2025$930,000$2,333 psf9
2026$1,227,500$2,408 psf6

What it rents for

URA’s median of rental contracts lodged at Spottiswoode 18 in 2026Q3, per square foot per month.

Median rent per sq ft
$8.26
A month. Middle half of contracts ran $6.92 to $8.74.
Gross yield
4.25%
A year of median rent against the median sale price.
Median sale per sq ft
$2,332 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 D02

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.