OFF MARKET

34/40-48 Gerard Street
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 2454m2
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Property Details for 34/40-48 Gerard St, Cremorne

34/40-48 Gerard St, Cremorne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1973. The property has a land size of 2454m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1973
Floor Size
91m2
Land Size
2454m2
Local Government
North Sydney
Lot/Plan
34/SP7247

Last Listing description (October 2023)

Why You'll Love It:
Experience the allure of breathtaking panoramic views from this prized and peaceful Northeast corner apartment. Bathed in year-round sunshine and showcasing stunning views from the distant Pacific Ocean to Middle Harbour and the Blue Mountains. Situated on the 11th floor at the rear of the sought after 'Northridge' complex, this sanctuary offers convenience and tranquility in one.

Key Features:

- Enjoy all-day sun and views from every room
- Quiet north-eastern corner aspect at the rear of the complex
- Security complex, with level lift access
- Well-maintained block, two new elevators
- Spacious living area flows seamlessly to balcony
- Separate internal laundry
- Two double bedrooms with built-in wardrobes and views
- Double secure parking with access from the rear lane, storage cage
- Common rooftop
- Expansive common gardens and lawn
- A variety of shops, restaurants, cafes, and transport options on your doorstep

Best Suited For:
Ideal for young professionals, young families

Property History for 34/40-48 Gerard St, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,500,000
23 Aug 2023
Listed for Rent
$895/w
23 Oct 2023
  • 05 Oct 2023
    Listed for Rent $900 / week
  • 23 Aug 2023
    Sold for $1,500,000
  • 27 Jul 2023
    Listed for Sale Under Contract
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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.

Suburb Insights for Cremorne 2090

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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.