5/4-8 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 70m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
This fabulous 2 bedroom apartment offers an enviable location for those wanting an affordable Cremorne lifestyle. Featuring a spacious open plan lounge and dining room set against a stunning backdrop. Located seconds to the foreshore and views stretching across Sydney Harbour, the apartment is positioned in one of Sydney's most beautiful locations. Moments from Old Cremorne Wharf and a short walk to Cremorne Point and McCallum Pool. A long lease is available.
Features Include:
- Two double bedrooms, both with generous built-ins
- Sun-drenched living / dining area, harbour views
- Functional galley style kitchen, including dishwasher & wine fridge
- Full bathroom with separate bath and near new vanity
- Near new paint and carpet, undercover carspace
- Balcony off both the bedroom and lounge-room
- Level entrance to apartment from rear
- Bosch washer/dryer combi supplied
- Long lease available.
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:
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