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Condo prices · D05

The Parc Condominium

West Coast Walk · D05 · Outside central region · Condominium

The median sale at The Parc Condominium was $2,490,000 — $1,826 psf — across 88 transactions between Nov 2021 and Oct 2026. Freehold.

Median price
$2,490,000
88 sales in the window.
Median per sq ft
$1,826 psf
Median unit 1,302 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

The Parc Condominium 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

The median moved up 25 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021four sales$1570
  • 202218 sales$1566
  • 202310 sales$1685
  • 202422 sales$1869
  • 202517 sales$1943
  • 202617 sales$1964
Show the figures
YearMedian pricePer sq ftSales
2021$2,170,000$1,570 psf4
2022$2,134,000$1,566 psf18
2023$2,135,000$1,685 psf10
2024$2,466,900$1,869 psf22
2025$2,700,000$1,943 psf17
2026$2,650,000$1,964 psf17

What it rents for

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

Median rent per sq ft
$4.60
A month. Middle half of contracts ran $4.44 to $4.79.
Gross yield
3.02%
A year of median rent against the median sale price.
Median sale per sq ft
$1,826 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 D05

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.