55/120 Cabramatta Road, Cremorne NSW 2090
55/120 Cabramatta Road, Cremorne NSW 2090
1-bed, 1-bath Cremorne unit | 1996 build, strata complex | school catchment advantage | steady rental demand
This unit sits in a well-located Cremorne complex where the buyer’s position is strengthened by its placement in sought-after school catchments and a suburb with steady unit turnover. The open-plan layout and modern finish are functional for an entry-level buyer or investor, and the building’s age avoids the premium of newer stock while offering solid construction. The property serves best as a first home for a professional or couple, or as a low-maintenance investment with consistent rental demand.
The main risk is the high rental ratio in the building, which can affect lending and owner-occupier appeal, and the 2008 purchase history suggests limited capital growth. The buyer should commission a strata inspection to assess sinking fund health and any upcoming levies. With the list price aligned to median values, the opportunity is to negotiate from a position of market data. Hold this unit for rental income or as a stepping stone into the suburb.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 55/120 Cabramatta 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.