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Condo prices · D02

Spottiswoode Suites

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

The median sale at Spottiswoode Suites was $1,080,000 — $2,352 psf — across 37 transactions between Dec 2021 and Sept 2026. Freehold.

Median price
$1,080,000
37 sales in the window.
Median per sq ft
$2,352 psf
Median unit 452 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Spottiswoode Suites 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.

  • 2021one sale$2400
  • 2022nine sales$2222
  • 2023six sales$2447
  • 202412 sales$2397
  • 2025five sales$2344
  • 2026four sales$2253
Show the figures
YearMedian pricePer sq ftSales
2021$1,085,000$2,400 psf1
2022$1,720,000$2,222 psf9
2023$1,080,000$2,447 psf6
2024$1,200,000$2,397 psf12
2025$1,080,000$2,344 psf5
2026$1,004,000$2,253 psf4

What it rents for

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

Median rent per sq ft
$7.30
A month. Middle half of contracts ran $6.51 to $7.59.
Gross yield
3.72%
A year of median rent against the median sale price.
Median sale per sq ft
$2,352 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.