1/1 Sutherland Street, Cremorne NSW 2090
1/1 Sutherland Street, Cremorne NSW 2090
2 bed unit | Cremorne lower north shore | 42mยฒ compact footprint | strong rental yield potential | tightly held owner-occupied street
This unit presents a rare entry point into a suburb where low-rise apartment stock is limited and demand consistently outstrips supply. The 42mยฒ floorplan, while compact, is offset by the inclusion of a car space and the property’s positioning within a street dominated by long-term owners, suggesting a stable and well-maintained building. The estimated rental income of $920 per week against a value of $1.4 million indicates a gross yield above 3.4%, which is competitive for the area and makes this property suitable for an investor seeking reliable cash flow or an owner-occupier wanting to minimise mortgage costs.
The primary risk lies in the conflicting site area data, where one source cites 81mยฒ and another 613mยฒ, which could affect future strata levies or development potential assessments. The small building footprint may also limit financing options for some buyers, as lenders can be cautious with apartments under 50mยฒ. However, the absence of bushfire, flood, or heritage overlays reduces environmental risk, and the school catchment for Anzac Park Public School and Mosman High School adds long-term appeal for families. The opportunity is in the suburb’s tightly held nature, where limited turnover typically supports capital growth and resale demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/1 Sutherland Street, Cremorne NSW 2090
Market Insight:
Cremorne is a tightly held, high-value suburb with a distinct professional demographic. Demand is driven by affluent, childless couples seeking proximity to the city, reflected in strong owner-occupancy and rapid house sales. The market demonstrates robust long-term growth, particularly for units, though houses command a significant premium. Future performance is underpinned by its established appeal and limited land supply, with affordability remaining a key constraint for entry.