Over the last year, property investments in Cremorne Point, 2090 have given investors a capital gain of 35.38%. This compares very favourably with the 8.39% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cremorne Point has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Cremorne Point are currently offering property investors an average price cut of -9.38% below the asking price at the moment.
In the last year 37 properties changed hands in Cremorne Point, which puts it as the 329th most active market in NSW when comparing the number of sales per suburb.
Cremorne Point, 2090’s gross rental yield is 2.75%