Suburb Profile Report for Cremorne NSW (2090)

Cremorne House: Median price $2,212,500, Annual capital growth 6.39%, Number of sales 59, Weekly median advertised rent $1,208

Cremorne Unit: Median price $976,500, Annual capital growth 6.85%, Number of sales 257, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Cremorne is in the bottom 20% in NSW when comparing median price capital growth over the last year. Cremorne gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.99%.

Cremorne,2090 was ranked 703 in Australia by increase in median property value over the quarter.

Cremorne2090 is located in NSW which offers an average discount of -5.53% to property investors. Cremorne itself is showing figures that indicate -7.62% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Property investors should expect to get $1207.5 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 14.88% for the last year, Cremorne, 2090 is the 210th highest performer in Australia in this respect.

Cremorne,2090 has offered an average of 14.88% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Cremorne should be aiming for at least -3.70% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 257 properties changed hands in Cremorne, which puts it as the 30th most active market in NSW when comparing the number of sales per suburb.

Situated 4.49km from the CBD, Cremorne is one of North Sydney localities in the postcode 2090.

HOUSE UNIT
$2,212,500 $976,500
3.82% 2.25%
-1.99% 14.88%
6.39% 6.85%
$1,208 $650
59 257
2.84% 3.46%
37.88 40.36

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 11049
Median household income ($/weekly) 2122
Median age of persons 37
Median housing loan repayment ($/monthly) 2817
Average household size 2
  • Census Count Percent(%)
    5-14 years 834 7.5
    25-34 years 2492 22.6
    35-44 years 2055 18.6
    45-54 years 1376 12.5
    55-64 years 1270 11.5
    Others 3021 27.3
    Age Group
    Census Count Percent(%)
    Not Married 3676 44.5
    Registered Married 3471 42.0
    Defacto Relationship 1118 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6230 62.5
    Croatia 216 2.2
    Papua New Guinea 376 3.8
    United Kingdom 930 9.3
    Other 685 6.9
    Others 1537 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 361 3.8
    Christianity 5995 62.6
    Hinduism 116 1.2
    Judaism 145 1.5
    No Religion 2850 29.8
    Others 110 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 533 12.0
    $2,000-$2,499 310 7.0
    $2,500-$2,999 865 19.5
    $3,000-$3,499 340 7.7
    $4,000 or more 550 12.4
    Others 1845 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4581 53.2
    Not in the labour force 2049 23.8
    Employed, worked part-time 1444 16.8
    Employed, away from work 313 3.6
    Unemployed, looking for work 230 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 1313 20.7
    Professionals 2585 40.8
    Community & personal service workers 392 6.2
    Clerical & administrative workers 917 14.5
    Sales 466 7.4
    Others 664 10.5
    Occupation
    Census Count Percent(%)
    Pre-school 175 8.7
    Infants/Primary 542 26.9
    Secondary 369 18.3
    Technical or Further Educational Institution 161 8.0
    University or other Tertiary Institutions 649 32.2
    Others 120 6.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5555 56.8
    Separate house 2512 25.7
    Semi-detached, row or terrace house, townhouse 1644 16.8
    House or flat attached to a shop, office 77 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2140 44.7
    Fully owned 1330 27.8
    Being purchased 1295 27.0
    Other tenure type 23 0.5
    Tenure Type
Census 2011, ABS
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