True Cost of Buying in Cremorne Point
2090 NSW · 5km to CBD
A decision, not just a search · Cremorne Point
Does the lower estimated monthly cost make a property the better buy?
Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.
Questions that could change the answer
- Which costs are current supplied figures, and which are model defaults?
- What happens to your buffer if interest, repairs or vacancy costs rise?
- What finance, contract or inspection condition remains unresolved before an offer?
Evidence to obtain—not yet verified here
- Current lender terms and approval conditions, not only a borrowing estimate.
- Dated levy notices, rates, insurance quotes and maintenance information.
- Contract advice, inspection findings and comparable sales evidence.
Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.
Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.
When to revisit: Revisit when any input, approval condition, price or property finding changes.
General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.
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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.
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
Purchase Price
$1,850,000
Stamp Duty
$84,160
1st Year Total
$124,760
House
Purchase Price
$4,200,000
Stamp Duty
$294,000
1st Year Total
$280,944
Townhouse
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.
Community Profile
Median Income
$145,000
Median Age
42
Family Households
45%
Owner-Occupied
68%
Walkability
75/100
Public Transport
7/10
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