The Watergardens At Canberra
Canberra Drive · D27 · Outside central region · Apartment
The median sale at The Watergardens At Canberra was $1,613,500 — $1,509 psf — across 236 transactions between Oct 2021 and Sept 2026. 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.
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 sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $1,626,500 | $1,463 psf | 152 |
| Sub-sale | $1,485,000 | $1,733 psf | 84 |
Year by year
The median moved up 18 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 202132 sales$1457
- 2022115 sales$1457
- 2023five sales$1498
- 2024four sales$1771
- 202551 sales$1745
- 202629 sales$1720
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,242,500 | $1,457 psf | 32 |
| 2022 | $1,653,000 | $1,457 psf | 115 |
| 2023 | $1,951,000 | $1,498 psf | 5 |
| 2024 | $1,309,000 | $1,771 psf | 4 |
| 2025 | $1,510,000 | $1,745 psf | 51 |
| 2026 | $1,640,000 | $1,720 psf | 29 |
What it rents for
URA’s median of rental contracts lodged at The Watergardens At Canberra in 2026Q3, per square foot per month.
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
- Canberra Crescent Residences · $1,998 psf
- The Brownstone · $1,350 psf
- 1 Canberra · $1,178 psf
- The Visionaire · $1,371 psf
- Symphony Suites · $1,264 psf
- The Criterion · $1,279 psf
- Signature At Yishun · $1,214 psf
- Parc Life · $1,324 psf
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.