31/4-8 Kareela Rd, Cremorne Point is a 1 bedroom, 1 bathroom Unit and was built in 1964. The property has a land size of 1942m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Nestled in a prime harbourside location, this Kareela Court apartment offers an exceptional lifestyle with its proximity to parks, ferry and bus services. Serenely presented, this residence exudes a fresh and vibrant ambiance, complemented by breathtaking water vistas of Mosman Bay and Sydney Harbour. Embracing the ease of apartment living, it's generous living space, balcony and bedroom, off an abundance of natural light, and a strong sense of seclusion. Conveniently situated just a short stroll away are Spofforth Street cafes, Cremorne Point Reserve, Maccallum Pool and the Ferry to Sydney CBD.
The living space is an oasis of light and airiness, providing sweeping harbour views that delight the senses. Expansive picture windows further amplify the infusion of natural light and showcase the mesmerizing water scenes. An east-facing balcony, accessible from both the living area and the bedroom, allows for moments of relaxation and enjoyment of the surroundings.
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:
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