SOLD
Sold on 21 Feb 2024 for $1,575,000

5/5 Cranbrook Avenue
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 647m2
Sold By
Belle Property Neutral Bay
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Property Details for 5/5 Cranbrook Ave, Cremorne

5/5 Cranbrook Ave, Cremorne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 647m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
146m2
Land Size
647m2
Local Government
North Sydney
Lot/Plan
5/SP16477

Last Listing description (August 2024)

Perfectly positioned this sun-drenched townhouse is set back in a boutique complex of 5. Offering a convenient lifestyle opportunity with spacious interiors leading to an open living/dining flowing seamlessly outdoors onto a garden courtyard; perfect for relaxed indoor/outdoor entertaining. Feature:
- Spacious open plan living and dining rooms
- Easy flow kitchen with stainless steel appliances

- Two upper-level bedrooms with extensive floor to ceiling built-in robes in both bedrooms
- Adjacent modern bathrooms to each bedroom, European style laundry
- Large fenced and secured ‘entertainers’ courtyard with additional side gate access
- Low care landscaping, gas point for the barbeque
- Over-sized secure double lock up garage with storage,

Location: - Easy access to public transport with easy city access - Close proximity to local cafes and shops on Military Road - Short walk to Redlands Private School and located in the catchment of Neutral Bay Public School

Property History for 5/5 Cranbrook Ave, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,575,000
21 Feb 2024
Listed for Rent
$725/w
15 Feb 2021
  • 31 Jul 2024
    Listed for Rent $1,050 / week
  • 21 Feb 2024
    Sold for $1,575,000
  • 15 Feb 2024
    Listed for Sale Price Confidential
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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 34.64% increase in median value, while Units have seen a 32.50% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne is $3,727,124 while the median value for Units is $1,406,688.
  • Houses have a median rent of $1,050 while Units have a median rent of $775.
There are currently 19 properties listed for sale, and 29 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 300 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.