NSW has seen average median house prices change by 7.28% which means that Cremorne Point, 2090 has done well for property investors by showing a capital gain of 1.89% over the last year
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
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 -7.81%.
Over the longer term, Cremorne Point has seen property prices show investors a 25.03% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Cremorne Point is $1180000, with sellers offering an average of -2.70% off the asking price.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 3.31%, without taking into account capital value appreciation, which has been averaging out at 5.11%.