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Cremorne, NSW 2090

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cremorne, NSW 2090 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Cremorne, NSW 2090”

  1. The total adult population (15 years or older) of Cremorne 2090 NSW is 9,576, with a median age of 40. Of those, 41.76% are married, 13.78% are divorced or separated, 40.63% are single and 3.80% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $14,832. The median monthly mortgage repayment for households in this suburb is $3,200 which is 21.57% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the leafy state of New South Wales, the suburb of Cremorne 2090 boasts an estimated 6231 households, presenting a wholesome picture of Australian residential living. As we lean into the third quarter of 2023, the typical property prices for houses in Cremorne 2090 sit at an impressive AUD3,782,264, with the median weekly rent calculated at AUD1,344. However, this does create an indicative yield of just 1.85%, signalling a more selective return for property investors amidst the residential housing boom.

    The socio-economic condition of Cremorne 2090 is quite favourable, indicated by an IRSAD score of 1161 out of 1217. This strong score points to a robust economic environment, solid income levels, and a pool of skilled professions. Despite this, the suburb bumps up against some barriers when it comes to the renter to owner ratio, which is on the higher side at 45%. A similar narrative is found with the units to houses ratio, which stands at a substantial 79%, suggesting a market brimming with rental properties and the potential for high competition amongst landlords.

    Cremorne 2090’s picture of affordability paints a slightly grim picture, with the affordability index for houses hitting a sizable 100 years. This indicates the long-standing commitment required from prospective home buyers when purchasing property in this area. The stock on market percentage for houses is moderately favourable at 0.51%, tipping just over our preferred mark of 0.4%.

    The inventory level for houses extends over 2 months, clocking in at 2.14 months, thereby signalling a more absorbed property market for new listings. The building approvals ratio for houses takes up a fairly neutral position of 0.51%, indicating a reasonable balance of supply and demand in the housing market.

    Houses in Cremorne 2090 enjoy a swift turn-around on the market with an average of 24 days before they are sold – illustrating the high level of interest and the short timeframe in which transactions occur. The combined vacancy rate for houses and units in the suburb stands at a fairly moderate 2.21%, suggesting a substantial availability of properties on the market.

    In terms of online search interest, the buy search index for houses plateau at a value of 3, indicating a somewhat muted demand for property purchase in Cremorne. Overall, while the suburb offers opportunities, particularly for renters, potential investors should carry out comprehensive due diligence factoring in these mixed indicators and any recent market trends.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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