OFF MARKET

1 Kareela Road
Cremorne Point NSW 2090

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 190m2
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Property Details for 1 Kareela Rd, Cremorne Point

1 Kareela Rd, Cremorne Point is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 190m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Land Size
190m2
Local Government
North Sydney
Lot/Plan
25/DP660969

Last Listing description (November 2018)

Capturing uninterrupted water views over Mosman Bay to Sydney Harbour, full brick 'Tula' pre c1900 presents an extremely rare opportunity to further capitalise in a blue ribbon enclave (STCA). It backs waterfront reserve just footsteps to Old Cremorne Wharf.

- Immense potential for a tranformative interior renovation

- Once in a lifetime, offered for the first time in 58 years

- Scope for complete contemporary renovation and reconfiguration

- Currently features two self-contained apartments downstairs

- Five bedrooms in total, top floor with classic widow's walk

- Multiple generous living areas with soaring high ceilings

- Water view master bedroom features study nook and balcony

- Take advantage of an existing oversized layout and footprint

- Off street parking for two cars, vast attic storage space

- Metres to Sydney Amateur Sailing Club, walk to Maccallum Pool

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

A timeline of how this property has performed in the market
Last Sold
$4,171,000
26 Oct 2017
  • 26 Oct 2017
    Sold for $4,171,000
  • 05 Oct 2017
    Listed for Sale Not Disclosed
  • 30 May 2017
    Sold
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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 1,475 properties. Over the last 5 years, Houses in Cremorne Point have seen a 38.80% increase in median value, while Units have seen a 31.48% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne Point is $5,611,041 while the median value for Units is $1,923,426.
  • Houses have a median rent of $1,300 while Units have a median rent of $950.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Cremorne point on OnTheHouse. According to CoreLogic's data, 44 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.