Townhouse Apartments
Cavenagh Road · D09 · Core central region · Apartment
The median sale at Townhouse Apartments was $2,585,000 — $1,107 psf — across 10 transactions between April 2022 and Oct 2026. 99-year lease from 1977.
Figures here are based on 10 sales.
Townhouse Apartments saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
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.
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.
- 2022five sales$1115
- 2023two sales$1075
- 2024one sale$1035
- 2025one sale$1032
- 2026one sale$1132
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $2,450,000 | $1,115 psf | 5 |
| 2023 | $2,775,000 | $1,075 psf | 2 |
| 2024 | $2,450,000 | $1,035 psf | 1 |
| 2025 | $3,000,000 | $1,032 psf | 1 |
| 2026 | $2,680,000 | $1,132 psf | 1 |
Other developments in D09
- River Modern · $3,231 psf
- Martin Modern · $2,728 psf
- Oue Twin Peaks · $2,244 psf
- Sophia Hills · $2,096 psf
- The Robertson Opus · $3,362 psf
- Kopar At Newton · $2,531 psf
- River Green · $3,132 psf
- Irwell Hill Residences · $2,896 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.