SOLD
Sold on 14 Jun 2024 for $1,375,000

1/23 Gerard Street
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 1060m2
Sold By
Belle Property Neutral Bay
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Property Details for 1/23 Gerard St, Cremorne

1/23 Gerard St, Cremorne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 1060m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
76m2
Land Size
1060m2
Local Government
North Sydney
Lot/Plan
1/SP33513

Last Listing description (August 2024)

An insightful purchaser will recognize immediately the exceptional opportunity to secure an urban, low-maintenance lifestyle address. Situated in a low-rise boutique complex of fourteen apartments, this solidly built, quality apartment offers comfortable and functional living, together with absolute privacy, as a result of the established trees and plantings in the courtyard garden. There is potential to enhance with personal touches, creating a chic city-fringe abode and capitalise on its cosmopolitan location.

- Enjoying a northerly aspect and a relaxed flow to the courtyard
- Open plan living and dining areas connect easily with the outdoors

- Tidy kitchen includes plenty of cupboard space and good storage plus an internal laundry
- Spacious bedrooms, full main bathroom, both with built ins
- Tandem garaging with secure access a rare commodity for the area
- Near Cremorne Village and the renowned Orpheum Cinema and buses
- Close to the lifestyle hubs of Neutral Bay and Mosman Village

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Belle Property by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property History for 1/23 Gerard St, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,375,000
14 Jun 2024
Listed for Rent
$850/w
02 Feb 2023
  • 14 Jun 2024
    Sold for $1,375,000
  • 11 Apr 2024
    Listed for Sale $1,375,000
  • 01 Dec 2022
    Listed for Rent - Price not available
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About Cremorne 2090

The size of Cremorne is approximately 1.6 square kilometres. It has 15 parks covering nearly 11.8% of total area. The population of Cremorne in 2011 was 11,049 people. By 2016 the population was 11,220 showing a population growth of 1.5% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 53.9% of the homes in Cremorne were owner-occupied compared with 53.6% in 2016.

Cremorne has 6,708 properties. Over the last 5 years, Houses in Cremorne have seen a 44.23% increase in median value, while Units have seen a 28.64% increase. As at 31 October 2024:

  • The median value for Houses in Cremorne is $4,184,699 while the median value for Units is $1,378,040.
  • Houses have a median rent of $1,010 while Units have a median rent of $780.
There are currently 17 properties listed for sale, and 24 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Cremorne.

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Disclaimer
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.