Unit 28, 4-8 KAREELA ROAD Cremorne Point NSW 2090
This property is Off Market
- The Average property price in this area is $2,748,146, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 0.13 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 64 CREMORNE RD $2,100,000
- 10/4/2024 122 MILSON RD $490,000
- 10/3/2024 72 CREMORNE RD $2,700,000
- 9/30/2024 11 CREMORNE RD $2,050,000
- 9/26/2024 82 MILSON RD $3,800,000
About Cremorne - Cammeray
With an average age of 45, households expect an average monthly mortgage payment of $2,700 or a weekly rent payment of $620. The average family earns a weekly income of $4,250 with a typical household size of 2 and a 95.56% employment rate.
Consistent high demand relative to supply is a key feature in Cremorne Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cremorne Point ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Cremorne Point classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Cremorne Point requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Fort Denison
North Sydney
Taronga Zoo
Milsons Point Wharf
Circular Quay Wharf 2
Jefferys Street
Beulah Street Wharf
Milsons Point
McMahons Point Wharf
Garden Island
General Points of Interest
Skyview Shopping Plaza
The Village - Balgowlah Stockland
Gunyama Park Aquatic and Recreation Centre
Pelican
Wombat
Fanny Durack Aquatic Centre
Camperdown Fitness
War Memorial
Woolstores Alexandria Monument
Crone Architects
Population
(Country of Birth not stated 0%)
Are people healthy?
There are a recorded 1998 asthma sufferers and 668 people living with diabetes. In addition, 774 people have a heart/vascular condition and 1122 people live with three or more chronic diseases.A good place to invest in property?
Cremorne - Cammeray a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
75 / 100
31 / 100
Industry
60 / 100
22 / 100
Population
42 / 100
19 / 100
House Prices
92 / 100
60 / 100
Jobs
68 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMosman HS Neutral Bay PS
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Cameragal Montessori School
North Sydney, NSW, 2060 Independent K-4 -
Blessed Sacrament Catholic Primary School
Clifton Gardens, NSW, 2088 Independent K-6 -
SCECGS Redlands
Cremorne, NSW, 2090 Independent K-12 -
Wenona School
North Sydney, NSW, 2060 Independent K-12 -
Mosman Church of England Preparatory School
Mosman, NSW, 2088 Independent K-6 -
Loreto Kirribilli
Kirribilli, NSW, 2061 Independent K-12 -
Mosman Public School
Mosman, NSW, 2088 State K-6 -
Mosman High School
Mosman, NSW, 2088 State 7-12 -
St Aloysius' College
Kirribilli, NSW, 2061 Independent 3-12 -
Neutral Bay Public School
Neutral Bay, NSW, 2089 State K-6
Property Story
Unit 28, 4-8 Kareela Road, Cremorne Point, Nsw, 2090 is a residential property . The estimated distance to the sea is only 0.13km and 0.56KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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