What is the true cost of buying an apartment in Cremorne Point?

The median apartment in Cremorne Point is $1,850,000. Including stamp duty ($84,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $124,760, or $10,397/month.

What does it really cost to buy a house in Cremorne Point?

The median house in Cremorne Point is $4,200,000. True first-year cost including stamp duty ($294,000), rates, insurance, maintenance, and mortgage repayments is approximately $280,944.

What is the vacancy rate in Cremorne Point?

Cremorne Point currently has a vacancy rate of 1.2%. Properties average 35 days on market.

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True Cost of Buying in Cremorne Point

2090 NSW · 5km to CBD

Rising

Market Intelligence

Cremorne Point is an exclusive harbourside enclave on Sydney's Lower North Shore, representing one of the city's most prestigious residential addresses. This small, affluent suburb of 1,850 residents is characterized by its premium waterfront location, harbour views, and proximity to the CBD just 4.5km away. The community consists predominantly of high-income professionals and established families, with a median household income of $145,000 and 68% holding university qualifications. The property market is dominated by apartments and units (72% of dwellings), with median unit prices of $1.85 million and houses reaching $4.2 million. The suburb offers exceptional lifestyle amenities including Cremorne Point Reserve, ferry access to Circular Quay, and walking distance to Neutral Bay's shopping and dining precincts. With low crime rates, excellent schools nearby, and strong community cohesion, Cremorne Point attracts discerning residents seeking a premium harbour lifestyle with urban convenience. The limited housing stock and heritage constraints create supply scarcity, supporting sustained property value growth and making it a blue-chip investment location.

Premium harbourside location with spectacular Sydney Harbour viewsExceptional connectivity via ferry services to CBD and public transport linksExclusive, low-density residential character with strong community appealProximity to high-quality amenities in Neutral Bay and North SydneyStrong property market fundamentals with limited supply driving value growth

Market Snapshot

Median House

$4.2M

+8.5% 1yr

Median Apartment

$1.9M

+6.8% 1yr

Median Townhouse

$2.8M

Vacancy Rate

1.2%

35 avg DOM

Yield (Apartment)

3.5%

Yield (House)

2.8%

Auction Clearance

78%

Population

1,850

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$10,397/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$124,760

House

$23,412/mo

Purchase Price

$4,200,000

Stamp Duty

$294,000

1st Year Total

$280,944

Townhouse

$15,000/mo

Purchase Price

$2,800,000

Stamp Duty

$136,410

1st Year Total

$179,996

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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