OFF MARKET

2/5 Kareela Road
Cremorne Point NSW 2090

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 30m2
Land area: 16m2
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Property Details for 2/5 Kareela Rd, Cremorne Point

2/5 Kareela Rd, Cremorne Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 16m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in November 2008.

Building Type
Unit
Year Built
1950
Floor Size
30m2
Land Size
16m2
Local Government
North Sydney
Lot/Plan
2/SP15010

Last Listing description (January 2009)

TRANQUIL, PRIVATE, IDYLLIC ENVIRONMENT.
FABULOUS OPPORTUNITY TO ACQUIRE A VERY AFFORDABLE ONE-BEDROOM APARTMENT IN A WATERFRONT RESERVE BOUTIQUE BLOCK OF SIX IN ONE OF THE MOST BEAUTIFUL HARBOURSIDE ENVIRONMENTS SYDNEY HAS TO OFFER. CATCH THE FERRY AT CIRCULAR QUAY AND IN APPROX. 20 MINUTES YOU COULD BE SITTING ON YOUR BALCONY OVERLOOKING MOSMAN BAY. FOR FITNESS ENTHUSIASTS, YOU WILL BE JUST SECONDS FROM ONE OF THE BEST RUNS SYDNEY HAS TO OFFER, THE CREMORNE POINT CIRCUIT. AND IF YOU DON'T FEEL LIKE COOKING, MOSMAN ROWERS CLUB IS ABOUT A TEN MINUTE WALK. TRANQUIL, VERY PRIVATE AND SECURE, THIS APARTMENT AND THE SPECTACULAR ENVIRONMENT REALLY ARE ABOUT LIFESTYLE. ACCOMMODATION INCLUDES AN OPEN PLAN LIVING AREA, A KITCHEN, ONE BEDROOM, FULL BATHROOM WITH BATH AND POLISHED FLOORBOARDS THROUGHOUT. THERE ARE FIVE ON-SITE PARKING SPACES AVAILABLE - NOT ON TITLE AND SHARED BY ALL. THERE IS ALSO A LARGE SEPARATE LAUNDRY AREA. YOU CAN SLEEP IN FOR THOSE EXTRA FEW MINUTES EACH DAY AS OLD CREMORNE WHARF IS APPROX. ONE MINUTE AWAY. ENJOY ALL THE BENEFITS OF BEING CLOSE TO THE CBD, BUT NONE OF THE DRAWBACKS. WHETHER YOU ARE A FIRST-HOME BUYER, AN INVESTOR, OR LOOKING FOR A SYDNEY BASE, THIS APARTMENT PROVIDES A RARE, AFFORDABLE OPPORTUNITY TO PURCHASE IN THIS BEAUTIFUL ENVIRONMENT.

Property History for 2/5 Kareela Rd, Cremorne Point, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$350,000
20 Nov 2008
Listed for Rent
$320/w
16 Jan 2009
  • 20 Dec 2008
    Listed for Rent - Price not available
  • 20 Nov 2008
    Sold for $350,000
  • 31 Oct 2008
    Listed for Sale AROUND $380,000
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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.