12/101 Gerard Street Cremorne NSW 2090
12/101 Gerard Street Cremorne NSW 2090
1-bed unit | 56mยฒ strata lot | single open car space | no overlays | near primary school
This unit presents a compact, low-maintenance entry into the Cremorne market, best suited for an investor or a budget-conscious first buyer. Its competitive strength lies in its functional offeringยa bedroom, bathroom, and parking within a building with recent comparable salesยpositioning it as a straightforward, lower-cost option in a high-renter suburb. The absence of environmental overlays simplifies due diligence.
The primary risk is the below-average internal size against typical stock, which may cap capital growth and appeal. Quarterly strata levies are a fixed carrying cost. For a buyer, the commercial logic is rental yield; recent nearby tenancies suggest reliable demand. Treat this as a long-term hold for cash flow, not short-term appreciation. Our report provides the real market valuation and checks for locality risks and strata health to secure your position.
Recent comparable sale at 11/101 Gerard Street sold for $735,000 in January 2025. This direct comparison confirms the auction guide range is market-aligned, establishing a credible value baseline for your offer strategy.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12/101 Gerard 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.