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60 Kareela Road
Cremorne Point NSW 2090

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Land area: 487m2
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DA Approved Duplex Site - Harbour Foreshore Location

The apartments are designed by the renowned and highly sought-after Corben Architects, whose vision and expertise are particularly evident amongst myriad works across the lower North Shore.
Providing unparalleled access to some of the most picturesque harbour views in Sydney, 60 Kareela Road represents an outstanding opportunity to acquire a DA-approved, cutting edge architecturally designed duplex development site. The quiet and leafy streetscape perfectly meets demand from downsizers wishing to relocate from large local houses to modern low-maintenance apartments (with lift access) in close proximity to the CBD, as well as all the amenity Cremorne and the wider Lower North Shore area have to offer.
The idyllic setting of Cremorne Point, combined with its breathtaking harbour vistas, proximity to shops, cafes, and excellent schools, as well as the lack of supply of new high-end dwellings in the area, makes this site an unquestionably compelling development opportunity.

Property Details for 60 Kareela Rd, Cremorne Point

Building Type
Land
Land Size
487m2

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About Cremorne Point 2090

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 1,488 properties. Over the last 5 years, Houses in Cremorne Point have seen a 48.90% increase in median value, while Units have seen a 28.01% increase. As at 30 November 2024:

  • The median value for Houses in Cremorne Point is $5,733,902 while the median value for Units is $1,940,894.
  • Houses have a median rent of $1,325 while Units have a median rent of $910.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Cremorne point on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Cremorne point.

Suburb Insights for Cremorne Point 2090

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James Harding
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Tim Abbott
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Ray White Lower North Shore
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.