42/4-8 Kareela RoadCremorne Point NSW 2090
Property Details for 42/4-8 Kareela Rd, Cremorne Point
42/4-8 Kareela Rd, Cremorne Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 1942m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (January 2017)
Commanding an inspiring setting on the top floor of 'Kareela Court' on the highest point in Cremorne Point, this spacious original apartment is immersed in some of Sydney's finest views. Panoramas sweep across the harbour through to the Eastern Suburbs, across the CBD and bridge and around to the North Sydney skyline. A superior buying opportunity, the spacious residence has been well maintained offering the potential to transform into a sleek contemporary sky-home and capitalise on its blue-chip harbour-side setting
- Premier rear corner position in the quality refurbished building
- Expansive living, large picture windows frame the superb views
- Tidy, well- proportioned kitchen, ample storage, large laundry
- Substantial master with built-ins and ensuite, 2nd bedroom with robes
- Ability to easily return to original floorplan of three bedrooms
- Superb potential to update, lift, steps to Cremorne Point Reserve, ferry
- Smoke-free building
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 42/4-8 Kareela Rd, Cremorne Point, NSW 2090
- 21 Jul 2020Sold for $2,050,000
- 30 May 2016Sold for $1,600,000
- 21 Apr 2016Listed for Sale Price Confidential
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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.
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