23/47 Gerard St, Cremorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1394m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Ideally positioned to enjoy Cremorne's vibrant village lifestyle, this newly refreshed security apartment is an ideal starter, investment or downsizer with room to renovate and add value. Set on the second floor of a well-maintained low rise complex, the apartment enjoys the perfect Northerly aspect for daylong sunshine and a leafy treetop outlook. Entry via Paling Street, it's a surprisingly quiet and private oasis with cafes, eateries, iconic Hayden Orpheum cinema and City buses just a 400m level walk from the doorstep.
The light and airy living area flows to an extra wide North-facing covered entertaining balcony with plenty of space for outdoor sitting and dining. With brand new carpet and fresh paint, it's very liveable and rentable, while the original kitchen and bathroom offer plenty of scope to update to contemporary living.
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 6,829 properties. Over the last 5 years, Houses in Cremorne have seen a 1.73% increase in median value, while Units have seen a 12.57% increase. As at 31 May 2026:
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