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Condo prices · D09

Watermark Robertson Quay

Rodyk Street · D09 · Core central region · Apartment

The median sale at Watermark Robertson Quay was $2,460,000 — $2,256 psf — across 31 transactions between Nov 2021 and July 2026. Freehold.

Median price
$2,460,000
31 sales in the window.
Median per sq ft
$2,256 psf
Median unit 1,076 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Watermark Robertson Quay 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

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021three sales$1944
  • 2022six sales$2065
  • 2023one sale$2264
  • 2024eight sales$2275
  • 2025nine sales$2304
  • 2026four sales$2304
Show the figures
YearMedian pricePer sq ftSales
2021$1,980,000$1,944 psf3
2022$2,235,500$2,065 psf6
2023$2,900,000$2,264 psf1
2024$2,460,000$2,275 psf8
2025$3,050,000$2,304 psf9
2026$2,510,000$2,304 psf4

What it rents for

URA’s median of rental contracts lodged at Watermark Robertson Quay in 2026Q3, per square foot per month.

Median rent per sq ft
$5.69
A month. Middle half of contracts ran $5.57 to $5.81.
Gross yield
3.03%
A year of median rent against the median sale price.
Median sale per sq ft
$2,256 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 D09

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.