2/44 Grasmere Rd, Cremorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Set in a super convenient location, close to the many amenities of Cremorne and Neutral Bay yet positioned as such to enjoy the peace and quiet of this popular pocket, this comfortable apartment offers both entry level buyers and investors alike an exceptional opportunity to secure an affordable property. Multiple parks, Primrose Park Tennis courts, Cammeray Golf Club, and the foreshore are all only moments away.
Features include:
A ground level setting with level street access
Well maintained brick complex of twelve apartments
Open plan lounge and dining space with polished floors
Well sized bedroom with large built-in wardrobe
Full en-suite bathroom complete with bath and shower
Single undercover parking space and storage facility
Air conditioning, well-appointed kitchen, shared laundry
Excellent investment with solid growth and rental returns
Potential to update or redesign to further add value
Dog-friendly Primrose Park only moments away
Bus stop positioned 150 meters from the front door
Strata levies: $791/qtr Council rates: $307/qtr Water rates: $173/qtr
The size of Cremorne is approximately 1.6 square kilometres. There are 15 parks, covering nearly 11.8% of the 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 6,828 properties. Over the last 5 years, Houses in Cremorne have seen a -9.59% decrease in median value, while Units have seen a 7.32% increase. As at 30 June 2026:
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