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Condo prices · D19

The Gazania

How Sun Drive · D19 · Outside central region · Condominium

The median sale at The Gazania was $1,594,000 — $2,214 psf — across 212 transactions between Nov 2021 and Aug 2026. Freehold.

Median price
$1,594,000
212 sales in the window.
Median per sq ft
$2,214 psf
Median unit 700 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

The Gazania 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.

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$1,571,000$2,202 psf199
Resale$2,138,000$2,383 psf13

Year by year

The median moved up 17 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202110 sales$2110
  • 2022151 sales$2200
  • 202338 sales$2289
  • 2024one sale$2210
  • 2025seven sales$2383
  • 2026five sales$2477
Show the figures
YearMedian pricePer sq ftSales
2021$1,925,500$2,110 psf10
2022$1,565,000$2,200 psf151
2023$1,609,000$2,289 psf38
2024$1,998,000$2,210 psf1
2025$2,100,000$2,383 psf7
2026$2,420,000$2,477 psf5

What it rents for

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

Median rent per sq ft
$5.98
A month. Middle half of contracts ran $5.61 to $6.70.
Gross yield
3.24%
A year of median rent against the median sale price.
Median sale per sq ft
$2,214 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 D19

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.