SOLD
Sold on 21 May 2024 for $1,000,000

42/47 Gerard Street
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 1401m2
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Property Details for 42/47 Gerard St, Cremorne

42/47 Gerard St, Cremorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1401m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
73m2
Land Size
1401m2
Local Government
North Sydney
Lot/Plan
17/SP18776

Last Listing description (August 2017)

Enjoy open leafy views in this light and bright apartment. Superbly located just a few minutes walk to the shops, cafes, restaurants and cinema of Cremorne.
- Spacious lounge and dining area opening out onto a balcony, district views
- Modern kitchen has stainless steel appliances, gas cooktop and dishwasher

- Both bedrooms have built-in robes, freshly updated bathroom
- Internal laundry facilities including dryer, secure undercover car space
- Ultra-convenient, close to public transport, shops, cafes and restaurants

Property History for 42/47 Gerard St, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,000,000
21 May 2024
Listed for Rent
16 Aug 2017
  • 21 May 2024
    Sold for $1,000,000
  • 21 Jul 2017
    Listed for Rent - Price not available
  • 14 Aug 2014
    Listed for Rent $590 / 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 6,701 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 15 properties listed for sale, and 22 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 294 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.