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Condo prices · D21

The Blossomvale

Dunearn Road · D21 · Rest of central region · Condominium

The median sale at The Blossomvale was $2,800,000 — $2,081 psf — across 35 transactions between Dec 2021 and Oct 2026. 999-year lease from 1884.

Median price
$2,800,000
35 sales in the window.
Median per sq ft
$2,081 psf
Median unit 1,367 sq ft.
Lease remaining
857 years
999-year lease from 1884

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
$272
$2,800,000 over 857 years remaining.
Per sq ft per year
$2.39
What a square foot of this development costs for one year of lease.
Lease expires
2883
14 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

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$1836
  • 2022nine sales$1888
  • 2023nine sales$2081
  • 2024five sales$2170
  • 2025five sales$2231
  • 2026six sales$2283
Show the figures
YearMedian pricePer sq ftSales
2021$1,660,000$1,836 psf1
2022$2,639,999$1,888 psf9
2023$2,830,000$2,081 psf9
2024$3,060,000$2,170 psf5
2025$3,000,000$2,231 psf5
2026$3,200,000$2,283 psf6

What it rents for

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

Median rent per sq ft
$4.65
A month. Middle half of contracts ran $3.91 to $4.89.
Gross yield
2.68%
A year of median rent against the median sale price.
Median sale per sq ft
$2,081 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 D21

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.