Suburb Profile Report for Cremorne Point NSW (2090)

Cremorne Point House: Median price $4,750,000, Annual capital growth 16.67%, Number of sales 13, Weekly median advertised rent N/A

Cremorne Point Unit: Median price $1,097,500, Annual capital growth 4.79%, Number of sales 48, Weekly median advertised rent $710

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.38% which means that Cremorne Point, 2090 has done well for property investors by showing a capital gain of 31.94% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Cremorne Point comes in at number 252th in NSW.

Cremorne Point is in the bottom 10% in NSW when comparing median price capital growth over the last year. Cremorne Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.26%.

Cremorne Point,2090 was ranked 1667 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Cremorne Point are currently offering property investors an average price cut of -2.70% below the asking price at the moment.

Property investors should expect to get $710 weekly from the median priced house in this suburb.

HOUSE UNIT
$4,750,000 $1,097,500
N/A -14.74%
31.94% -14.26%
16.67% 4.79%
N/A $710
13 48
N/A 3.36%
N/A 76

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1979
Median household income ($/weekly) 2530
Median age of persons 43
Median housing loan repayment ($/monthly) 3525
Average household size 2
  • Census Count Percent(%)
    25-34 years 328 16.6
    35-44 years 344 17.4
    45-54 years 306 15.5
    55-64 years 277 14.0
    65-74 years 210 10.6
    Others 513 25.9
    Age Group
    Census Count Percent(%)
    Registered Married 737 49.0
    Not Married 596 39.6
    Defacto Relationship 171 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1202 66.2
    South Africa 55 3.0
    United Kingdom 202 11.1
    United States of America 52 2.9
    Other 93 5.1
    Others 211 11.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.5
    Christianity 1097 62.8
    Islam 15 0.9
    Judaism 30 1.7
    No Religion 561 32.1
    Others 18 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 58 7.2
    $1,500-$1,999 85 10.5
    $2,500-$2,999 186 22.9
    $3,000-$3,499 67 8.3
    $4,000 or more 128 15.8
    Others 287 35.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 766 48.1
    Not in the labour force 425 26.7
    Employed, worked part-time 303 19.0
    Employed, away from work 50 3.1
    Unemployed, looking for work 47 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 288 25.8
    Professionals 497 44.5
    Community & personal service workers 62 5.6
    Clerical & administrative workers 129 11.6
    Sales 63 5.6
    Others 77 6.9
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.5
    Infants/Primary 86 25.8
    Secondary 69 20.7
    Technical or Further Educational Institution 23 6.9
    University or other Tertiary Institutions 111 33.3
    Others 19 5.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1278 72.6
    Separate house 362 20.6
    Semi-detached, row or terrace house, townhouse 120 6.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 436 49.7
    Fully owned 277 31.6
    Being purchased 161 18.4
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals