SOLD
Sold on 19 Sep 2024 for $1,450,000

1/12 Kareela Road
Cremorne Point NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 1255m2
Sold By
Lifestyle Property Agency East Sydney
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Property Details for 1/12 Kareela Rd, Cremorne Point

1/12 Kareela Rd, Cremorne Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1255m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Cremorne Point in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
88m2
Land Size
1255m2
Local Government
North Sydney
Lot/Plan
1/SP4768

Last Listing description (September 2024)

Light filled throughout and capturing leafy outlooks across to Mosman Bay, this spacious apartment offers an enviable harbourfront lifestyle, just a stroll to ferries, MacCallum Pool and foreshore walks.

- An elevated first floor position with easy street access
- Open plan living spaces with lounge and dining areas

- Large picture windows, sunlit balcony overlooking the harbour
- Kitchen with stone benches and gas appliances
- Two double bedrooms both fitted with built-in wardrobes
- Generous lock-up garage and visitor parking available
- Bathroom with separate bath and shower, internal laundry
- Set within a secure boutique complex of just 12 apartments
- Walking distance to shops, cafes, buses and foreshore reserves
- Peacefully located just a stroll to MacCallum pool and ferries

Property History for 1/12 Kareela Rd, Cremorne Point, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,450,000
19 Sep 2024
Listed for Rent
$670/w
08 Dec 2020
  • 19 Sep 2024
    Sold for $1,450,000
  • 12 Sep 2024
    Listed for Sale Contact Agent
  • 02 Nov 2020
    Listed for Rent $670 / week
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About Cremorne Point 2090

The size of Cremorne Point is approximately 0.4 square kilometres. It has 8 parks covering nearly 21.2% of total area. The population of Cremorne Point in 2011 was 1,979 people. By 2016 the population was 2,410 showing a population growth of 21.8% in the area during that time. The predominant age group in Cremorne Point is 30-39 years. Households in Cremorne Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne Point work in a professional occupation. In 2011, 49.4% of the homes in Cremorne Point were owner-occupied compared with 52% in 2016.

Cremorne Point has 1,476 properties. Over the last 5 years, Houses in Cremorne Point have seen a 26.55% increase in median value, while Units have seen a 36.31% increase. As at 31 October 2024:

  • The median value for Houses in Cremorne Point is $5,227,632 while the median value for Units is $1,922,909.
  • Houses have a median rent of $1,300 while Units have a median rent of $950.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Cremorne point on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Cremorne point.

Suburb Insights for Cremorne Point 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.