201/59-61 Parraween StreetCremorne NSW 2090
Property Details for 201/59-61 Parraween St, Cremorne
201/59-61 Parraween St, Cremorne is a 1 bedroom, 1 bathroom Unit and was built in 2019. The property has a land size of 65m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2024)
Why you'll love it:
Indulge in the epitome of modern luxury with this stylishly appointed apartment, an ideal residence for those with an appreciation for low maintenance, premium living or investors seeking high rental yield. Nestled within the distinguished Niche complex, in the heart of Cremorne Junction, this property offers a rare opportunity to experience the utmost in elegance and convenience. Immerse yourself in a world of sophistication, just steps away from the Orpheum Theatre, Cremorne Plaza, fine dining establishments, and express transport to the city.
Key features:
- Impeccably designed interiors featuring sleek polished flooring and pristine white decor
- A well-proportioned open-plan kitchen and living area that seamlessly extends to a covered terrace, offering an outdoor oasis for indulgent relaxation.
- Luxe kitchen equipped with top-of-the-line Miele appliances, including a dishwasher
- North-facing aspect bathes the living spaces in an abundance of natural light
- Retreat to the separate bedroom, complete with a built-in robe
- Ducted air-conditioning, level lift access, and a security intercom system.
- Sprawling rooftop BBQ terrace boasting mesmerizing city vistas
- 4.5% approx. potential rental yield
Best suited for:
Discerning young professionals, first-time homebuyers, and savvy investors looking to experience the pinnacle of modern luxury and/or rental return.
Property History for 201/59-61 Parraween St, Cremorne, NSW 2090
- 23 Nov 2023Sold for $850,500
- 03 Nov 2023Listed for Sale Contact Agent
- 31 Jan 2019Listed for Rent $600 / week
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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 6,710 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.
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