1/4-8 Kareela RoadCremorne Point NSW 2090
Property Details for 1/4-8 Kareela Rd, Cremorne Point
1/4-8 Kareela Rd, Cremorne Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 1942m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (January 2021)
"Its all about the Lifestyle" - This beautifully presented apartment has its own huge courtyard on title that affords a wonderful opportunity for summer living and entertaining to compliment its outstanding location only moments from the Sydney Harbour foreshore. Positioned only a few minutes stroll from the City Ferry and foreshore walk, the unit accommodates 2 double bedrooms both with built-in robes, renovated kitchen and bathroom, living/dining with timber floors that flows out through bi-fold doors to the wonderful courtyard terrace. Beautifully presented throughout the unit also includes undercover parking and basement storage, with spectacular Harbour views from the adjoining common area. Whether for investment or as a first home purchase, this property provides a wonderful lifestyle opportunity in this "blue ribbon" Harbour-side location.
Inspect: Saturdays & Wednesdays 9:30 - 10:00am or by appointment
Area: Unit 74sqm, Terrace 39sqm, Parking 16sqm approx.
Details: David Buttel 0419 263 362
Property History for 1/4-8 Kareela Rd, Cremorne Point, NSW 2090
- 18 Dec 2020Listed for Sale $975,000 Negotiable
- 24 Nov 2020Sold for $940,000
- 19 Oct 2020Listed for Sale $975,000 Negotiable
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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.
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