102/320 Military Road, Cremorne NSW 2090
102/320 Military Road, Cremorne NSW 2090
Rear quietness | oversized 127sqm floorplan | short walk to Neutral Bay dining | strong rental yield potential at 4%+
This property offers a rare configuration advantage for Cremorne: a genuinely oversized two-bedroom floorplan at 127sqm internal, positioned at the rear of the building for privacy and quiet. The open-plan living opening to a sunny courtyard creates a semi-detached feel uncommon in apartment stock, and the kitchen specification with stone benchtops and gas cooktop supports owner-occupier appeal. For a buyer seeking a long-term home with strong rental fundamentals, the estimated $975pw rent against a $1.24m Domain valuation implies a yield above 4%, which is competitive for the lower north shore. The catchment for Middle Harbour Public School and proximity to Neutral Bay and Mosman amenities adds practical lifestyle depth that supports both resale demand and tenant retention.
The main risk is the auction format with limited market exposure,listed only one week as of early May,which may compress buyer due diligence and push pricing above the $1.07โ1.41m range if competition emerges. No flood or bushfire overlays are detected, and the North Sydney LGA planning zone is residential without heritage constraints, reducing regulatory surprise. The 2020 purchase at $1.025m provides a recent price anchor, but the current $1.446m estimate from Property.com.au suggests cautious valuation work is needed. Hold this property as a primary residence or secure it for stable rental income; the floorplan and position give it dual-market resilience.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 102/320 Military Road, 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.