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Unit 28,
4-8 KAREELA ROAD Cremorne Point NSW 2090

This property is Off Market

All about Cremorne Point Homes for sale in Cremorne Point

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

Drive times

School Catchments

Property For Sale Nearby

Ray White 22 KAREELA RD, 8000000 5 Beds - 3 Baths - 1 Parking Within 0.1 km Belle Property UNIT 8, 39-43 MILSON RD, Auction Guide $4,250,000 - Sat 30 Nov 3 Beds - 2 Baths - 2 Parking Within 0.2 km Belle Property UNIT 3, 82 MILSON RD, For Sale $7,100,000 3 Beds - 3 Baths - 2 Parking Within 0.2 km Stone Real Estate UNIT 1, 12 CREMORNE RD, 3 Beds - 2 Baths - 1 Parking Within 0.3 km Belle Property UNIT 20, 33 MILSON RD, Auction 4 Beds - 2 Baths - 2 Parking Within 0.3 km Ray White UNIT 7, 33 MILSON RD, 4500000 3 Beds - 2 Baths - 2 Parking Within 0.3 km Belle Property UNIT 1, 60 KAREELA RD, For Sale $5,500,000 6 Beds - 4 Baths - 4 Parking Within 0.4 km Ray White 17-19 BOGOTA AV, 7500000 5 Beds - 1 Baths - 2 Parking Within 0.6 km

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 train

North Sydney ship

Taronga Zoo ship

Milsons Point Wharf ship

Circular Quay Wharf 2 ship

Jefferys Street ship

Beulah Street Wharf train

Milsons Point ship

McMahons Point Wharf ship

Garden Island

General Points of Interest

Skyview Shopping Plaza

The Village - Balgowlah Stockland sport

Gunyama Park Aquatic and Recreation Centre

Pelican

Wombat

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Neutral Bay PS Mosman HS
SCECGS Redlands
Cremorne, NSW, 2090 Independent K-12
St Aloysius' College
Kirribilli, NSW, 2061 Independent 3-12
Neutral Bay Public School
Neutral Bay, NSW, 2089 State K-6
Loreto Kirribilli
Kirribilli, NSW, 2061 Independent K-12
Blessed Sacrament Catholic Primary School
Clifton Gardens, NSW, 2088 Independent 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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