17/21 Harrison Street, Cremorne NSW 2090
17/21 Harrison Street, Cremorne NSW 2090
2-bed 1-bath 1-car unit | 1960s build era | Long-term owner-occupier building | Neutral Bay Public School catchment | No overlays detected
This is a straightforward entry-level unit in a stable, older low-rise building on a quiet, leafy street. The 1960s construction is consistent with much of Cremorne’s apartment stock, and the building’s long average owner-occupancy—over ten years—signals a well-cared-for complex with low turnover. For a first-time buyer or downsizer wanting a practical foothold in the Lower North Shore, it offers the essentials: two bedrooms, one bathroom, parking, and proximity to Neutral Bay Village and city buses. The school catchment adds genuine appeal for young families, while the lack of bushfire, flood, or heritage overlays keeps planning risk minimal. This is not a premium or renovated product; it is dependable, well-located, and likely to attract steady interest from owner-occupiers rather than investors chasing high yields.
Condition and renovation level may materially affect how this unit compares to others in the building and street. A dated kitchen or bathroom could place it at the lower end of the price spectrum, while any recent updates would lift its position. The ground elevation and building layout might influence natural light and outlook, though no specific view is confirmed. The 1960s vintage may also mean older common areas or limited sound insulation, which could be a consideration for some buyers. The single car space is adequate but not generous. These factors are worth weighing when forming a view on price, as they will shape how the unit sits against renovated or higher-floor comparables in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/21 Harrison Street, Cremorne NSW 2090
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Cremorne’s prestige market is anchored by affluent professional couples aged 30–39, mostly mortgage-heavy owner-occupiers. The house median sits at $4.3m over the year to July 2025, with an 11.66% annual gain, though alternate measures suggest a slower 1.34% rise; units median $1.43m, up 27.4% over five years. Houses sell in about 28 days with a 1.97% gross yield, reflecting scarcity and strong demand. Future growth relies on limited turnover—just 43 house sales annually—and parks covering 11.8% of the suburb. Constraints remain high price points and low rental returns, which keep investors selective.
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PropCred Estimated Value
Comparable Sales: 2/20 Harrison Street leased at $695/week; 14/20 Harrison Street leased at $850/week | Property Price Band: $800K–$900K | Value Drivers: Condition, renovation level, building stability, school catchment
Bedrooms
3
Bathroom
1
Parking
-
Land
3162m²
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