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Median values are calculated based on data over a 12 month period.

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Market Report

Cremorne Point has 16 houses available for sale. The median property price for a house is currently 4,625,000 with annual capital growth of -33.93 . There were 9 house sales in the past 12 months.

If you're thinking about buying an investment property in Cremorne Point, consider that rental yields for houses are currently 1.66 with an average median rent of 1,500 weekly. Houses have seen -17.00 growth in the past quarter, and -33.93 growth in the past 12 months.

The size of Cremorne Point is approximately 0.4 square kilometres. It has 8 parks covering nearly 21.2% of total area. The population of Cremorne Point in 2011 was 1,979 people. By 2016 the population was 2,410 showing a population growth of 21.8% in the area during that time. The predominant age group in Cremorne Point is 30-39 years.

Households in Cremorne Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne Point work in a professional occupation. In 2011, 49.4% of the homes in Cremorne Point were owner-occupied compared with 52% in 2016.

Cremorne Point has 47 units available for sale. The median property price for a unit is currently 1,735,500 with annual capital growth of 7.63 . There were 40 unit sales in the past 12 months. On average, units spend 36 days on market.

If you're thinking about buying an investment property in Cremorne Point, consider that rental yields for units are currently 2.46 with an average median rent of 950 weekly. Units have seen 7.30 growth in the past quarter, and 7.63 growth in the past 12 months.

The size of Cremorne Point is approximately 0.4 square kilometres. It has 8 parks covering nearly 21.2% of total area. The population of Cremorne Point in 2011 was 1,979 people. By 2016 the population was 2,410 showing a population growth of 21.8% in the area during that time. The predominant age group in Cremorne Point is 30-39 years.

Households in Cremorne Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne Point work in a professional occupation. In 2011, 49.4% of the homes in Cremorne Point were owner-occupied compared with 52% in 2016.

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Key Market Data House Unit
Median price 4,625,000 1,735,500
Quarterly growth -17.00 +7.30
12-month growth -33.93 +7.63
Average annual growth +2.09 +5.15
Weekly median rent 1,500 950
Gross rental yield 1.66 2.46
Number of Sales (12m) 9 40
Avg. Days on Market (12m) 36
Jump to Market Trends
Key Demographics 2011 2016
Total population 1,979 2,410
Population change (5y) +8.86 +21.80
Median household income (p/w) 2,547 2,493
Household income change (5y) +27.35 -2.12
Median age of persons 43 43
Jump to Demographics Trends
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