Cremorne real estate

Flats or apartments make up 71% of occupied homes in Cremorne, above 22% across New South Wales. Separate houses account for 17%, below the state's 66%, and townhouses, terraces or semi-detached houses for 11%, below 12% statewide. Two bedrooms or fewer is the count in 62% of homes in Cremorne, above 30% across New South Wales. Three bedrooms accounts for 26%, below the 35% statewide, and four or more for 12%, below the 34% statewide. On Census night, 11% of private dwellings in Cremorne were unoccupied, above the state figure of 9%.

The median mortgage repayment in Cremorne was $3,200 a month, above $2,167 across New South Wales. The median rent was $600 a week, above the state's $420, and median household income $2,481 a week, above $1,829 statewide. Worked out on this page from the two weekly medians, the median rent equals 24% of the median weekly income of all households, renters or not, above 23% across the state.

Renting describes 45% of households in Cremorne, above 33% across New South Wales. Of those renting households, 85% rent from a landlord the ABS records as a real estate agent, above the state's 69%. Paying off a mortgage describes 23% of households, below 33% statewide, and owning outright 30%, below 32% across the state.

Households in Cremorne averaged 2.1 people at the 2021 Census, below 2.6 across New South Wales. The suburb of Cremorne was home to 11,263 people, and their median age was 40 years, above the New South Wales median of 39. Of people aged five and over in Cremorne, 46% lived at the same address five years earlier, a single 2021 question about where they lived in 2016. That share is below the 54% across New South Wales.