7/40 Grasmere Lane, Cremorne, NSW 2090 | Property Value & History | OnTheHouse
OFF MARKET

7/40 Grasmere Lane
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 146m2
Land area: 1415m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 7/40 Grasmere Lane, Cremorne

7/40 Grasmere Lane, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1415m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1975
Floor Size
146m2
Land Size
1415m2
Local Government
North Sydney
Lot/Plan
7/SP10060

Last Listing description (March 2024)

Situated within a tightly held boutique block of only 12, this stunning apartment has its own private entrance and a prized North/East aspect from the oversized entertainer's courtyard.

Upon entry you are welcomed by an open plan living and dining space that flows to the sundrenched courtyard with a peaceful garden bed and pond. The stylish kitchen is immaculate and incorporates electric cooking, dishwasher and a great amount of storage. There is also underfloor heating and an additional study nook making it ideal for those working from home.

The main bedroom is oversized and includes a modern en-suite bathroom, whilst the second bedroom is intelligently designed with custom joinery to function as both a bedroom or an additional study/guest room. Main bathroom with spa bath, and a separate internal laundry. Complete with security parking, extra storage and dual access to the apartment via both Grasmere Road and Grasmere Lane, this is a fabulous off market opportunity for professional couples, young families, downsizers and investors alike.

Located in a highly sought-after pocket of Cremorne within walking distance of Neutral Bay shops, cafes, restaurants, local parks & Cammeray golf course, as well as swift CBD bus transport.

*Also accessed via 25 Grasmere Road, Cremorne.

Contact: Hamish Kyle 0418 501 795 and Carol Yardemian 0433 799 331

Property History for 7/40 Grasmere Lane, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,570,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $1,570,000
  • 13 Nov 2023
    Listed for Sale Auction: Sat 2 December (if not sold prior)
  • 04 Aug 2000
    Sold for $450,000
Commute Calculator

About Cremorne 2090

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 6,791 properties. Over the last 5 years, Houses in Cremorne have seen a 21.93% increase in median value, while Units have seen a 28.05% increase. As at 30 November 2025:

  • The median value for Houses in Cremorne is $4,012,148 while the median value for Units is $1,424,792.
  • Houses have a median rent of $885 while Units have a median rent of $850.
There are currently 8 properties listed for sale, and 18 properties listed for rent in Cremorne on OnTheHouse. According to Cotality's data, 315 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 2090

Market Insights
Cremorne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cremorne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.