2/40 Waters Rd, Cremorne is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1975. The property has a land size of 646m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom Townhouse sold in Cremorne in the last 12 months.
A celebration of light, space and privacy, this superb fully enclosed townhouse offers irresistible contemporary living. Set amidst tranquil leafy surrounds, the home is nestled within a boutique complex of four and is only a short level stroll to everything that makes Neutral Bay such a desirable suburb, including shops, vibrant cafes and popular Grosvenor Street restaurants.
Welcoming interiors showcase a well-appointed kitchen featuring Smeg gas cooking appliances, a dishwasher and a separate dining space that flows effortlessly into a sun-soaked living area. Bi-fold doors connect to a private north-facing courtyard, ideal for entertaining family and friends, while a front courtyard provides the perfect haven to relax and unwind. Back inside, three light and airy bedrooms await upstairs, with a large master presenting a stylish ensuite. Additional highlights include a sleek family bathroom, windows on all four sides, ample under-stair storage and a sizeable laundry plus a guest powder room.
The property spans 237sqm on title, provides air conditioning in the living room and two bedrooms, and has been recently revitalised with new carpet and fresh paint throughout. Positioned at the end of a quiet cul-de-sac, it has convenient double side-by-side secure parking. Its prime lifestyle location is certain to appeal to families, downsizers and professionals alike, with Neutral Bay Village and direct city bus services less than a 300m walk away.
The size of Cremorne is approximately 1.6 square kilometres. It has 15 parks covering nearly 11.8% of total area. The population of Cremorne in 2016 was 11227 people. By 2021 the population was 11263 showing a population growth of 0.3% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation.In 2021, 53.20% of the homes in Cremorne were owner-occupied compared with 53.60% in 2016.
Cremorne has 6,806 properties. Over the last 5 years, Houses in Cremorne have seen a -3.00% decrease in median value, while Units have seen a 16.75% increase. As at 30 April 2026:
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