3/50 Gerard St, Cremorne is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 496m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Cremorne in the last 12 months.
Desirably towards the rear in a complex of only four residences, this spacious townhouse is well-positioned just moments from Cremorne shops and cafes for a lifestyle of ease and convenience. Bright airy interiors flow to a sizeable terrace with a leafy aspect, while the setback position and just a single common wall combine to provide enhanced natural light, peace and privacy. The home features a functional layout with living space on the ground floor and both bedrooms upstairs, the kitchen has been previously updated, and the property comes complete with rear lane access to secure parking. Near a shortcut through to Parraween Street and Military Road, and with close proximity to sought-after schools, it makes a great step up from apartment living or ideal investment in a standout location.
- Gated courtyard area on entry plus elevated north facing entertainment terrace
- Light filled living and dining areas with floating floorboards and air conditioning
Council Rates: $311 per quarter
Water Rates: $172 per quarter
Strata Levies: $1,813 per quarter
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 6,782 properties. Over the last 5 years, Houses in Cremorne have seen a 36.65% increase in median value, while Units have seen a 36.65% increase. As at 31 July 2024:
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