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.