OFF MARKET

5/4-8 Kareela Road
Cremorne Point NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 1942m2
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Property Details for 5/4-8 Kareela Rd, Cremorne Point

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.

Building Type
Unit
Year Built
1964
Floor Size
70m2
Land Size
1942m2
Local Government
North Sydney
Lot/Plan
5/SP957

Last Listing description (May 2023)

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.

Property History for 5/4-8 Kareela Rd, Cremorne Point, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,165,000
11 Nov 2017
Listed for Rent
$850/w
17 May 2023
  • 19 Apr 2023
    Listed for Rent $900 / week
  • 23 Mar 2022
    Listed for Rent $815 / week
  • 16 Jan 2018
    Listed for Rent $750 / week
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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.