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Condo prices · D11

Strata

Essex Road · D11 · Core central region · Apartment

The median sale at Strata was $1,900,000 — $1,927 psf — across 17 transactions between Nov 2021 and Aug 2026. Freehold.

Figures here are based on 17 sales.

Median price
$1,900,000
17 sales in the window.
Median per sq ft
$1,927 psf
Median unit 1,066 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Strata 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.

  • 2021two sales$1756
  • 2022two sales$1855
  • 2023five sales$1811
  • 2024three sales$1937
  • 2025one sale$2084
  • 2026four sales$2097
Show the figures
YearMedian pricePer sq ftSales
2021$1,790,000$1,756 psf2
2022$1,437,500$1,855 psf2
2023$2,180,000$1,811 psf5
2024$1,700,000$1,937 psf3
2025$1,750,000$2,084 psf1
2026$1,586,000$2,097 psf4

What it rents for

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

Median rent per sq ft
$4.50
A month. Middle half of contracts ran $4.36 to $5.64.
Gross yield
2.80%
A year of median rent against the median sale price.
Median sale per sq ft
$1,927 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 D11

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.