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Condo prices · D27

The Commodore

Canberra Drive · D27 · Outside central region · Condominium

The median sale at The Commodore was $1,358,444 — $1,521 psf — across 264 transactions between Nov 2021 and Oct 2026. 99-year lease from 2020.

Median price
$1,358,444
264 sales in the window.
Median per sq ft
$1,521 psf
Median unit 850 sq ft.
Lease remaining
93 years
99-year lease from 2020

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
$1,217
$1,358,444 over 93 years remaining.
Per sq ft per year
$17.18
What a square foot of this development costs for one year of lease.
Lease expires
2119
6 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.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ftSales
New sale$1,261,000$1,509 psf219
Sub-sale$1,359,444$1,786 psf28
Resale$1,560,000$1,706 psf17

Year by year

The median moved up 13 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021150 sales$1514
  • 202260 sales$1491
  • 2023nine sales$1528
  • 2024one sale$1512
  • 202525 sales$1796
  • 202619 sales$1706
Show the figures
YearMedian pricePer sq ftSales
2021$1,144,500$1,514 psf150
2022$1,815,000$1,491 psf60
2023$1,904,000$1,528 psf9
2024$2,050,000$1,512 psf1
2025$1,358,888$1,796 psf25
2026$1,560,000$1,706 psf19

What it rents for

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

Median rent per sq ft
$4.89
A month. Middle half of contracts ran $4.71 to $6.45.
Gross yield
3.86%
A year of median rent against the median sale price.
Median sale per sq ft
$1,521 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 D27

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.