Cremorne
Apartments define Cremorne more than freestanding homes: 71.5% of dwellings are apartments while just 17.1% are separate houses. On only 1.64 sq km, density reaches 6,877.7 people per sq km, giving it a more urban feel compared with nearby Mosman and Neutral Bay. Income is the other standout, with household earnings of $2,481 a week sitting at the 92.1 percentile nationally. The trade-off is a premium, rental-heavy market: 45.8% rent and the 2025 house median is $1,558,000.
Population
11,263
Median Age
40.0
Household IncomeiMedian weekly household income (ABS Census)
$2,481/wk
DAs (12 months)iDevelopment Applications lodged in the past year
92
Median House
$1.5M
2024-2025 (PSI derived)
For homebuyers, Cremorne suits apartment and townhouse choices more than traditional blocks because 71.5% apartments and 11.2% semi-detached dwellings leave only 17.1% separate houses. The median house price used for the current quarter is $1,527,475, with the latest series at $1,558,000 in 2025, 7.0% higher than 2024. Mortgage pressure is real but not flagged as stressed: repayments equal 29.8% of income, higher than the 24.2% rent-to-income ratio, so buyers need a stronger income buffer than renters.
For Buyers
For homebuyers, Cremorne suits apartment and townhouse choices more than traditional blocks because 71.5% apartments and 11.2% semi-detached dwellings leave only 17.1% separate houses. The median house price used for the current quarter is $1,527,475, with the latest series at $1,558,000 in 2025, 7.0% higher than 2024. Mortgage pressure is real but not flagged as stressed: repayments equal 29.8% of income, higher than the 24.2% rent-to-income ratio, so buyers need a stronger income buffer than renters.
For Investors
Investors see a tenant-rich market: 45.8% of homes are rented, higher than the 30.3% owned outright share and 23.9% mortgaged share. Median rent is $600 a week, but vacancy sits at 10.6%, so income planning needs a buffer because leasing downtime can offset the premium location. Development is active with 89 applications in 12 months, suggesting ongoing renewal and possible competition from upgraded stock. Apartment dominance at 71.5% supports depth in the renter pool.
Development Activity
Total DAs
496
Last 12 Months
92
YoY ChangeiYear-over-year change in DA lodgements
+21.1%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Cremorne iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
SCECGS Redlands
K-12 · 1680 students
Demographics
Cremorne's population is highly educated and internationally connected compared with national benchmarks. University attainment is 64.8%, which is 34.7 percentage points above the national level, while 39.3% were born overseas, 17.7 points above national. Median age is 40, matching the national comparison at 0.0 years difference, and households average 2.1 people, 0.4 below national. English, Irish and Scottish ancestries lead, with Chinese ancestry at 998 residents.
Age Distribution
Bedrooms
Dwelling Structure
17.1%
Houses
11.2%
Townhouse
71.5%
Apartment
Tenure
Housing is priced and structured like an inner lower-north-shore apartment market rather than a suburban detached market because only 17.1% of dwellings are separate houses. The house series rose from $1,456,500 in 2024 to $1,558,000 in 2025, a 7.0% lift, with the latest figure equal to the peak and 0.0% below it. Tenure is more rental-oriented than ownership: 45.8% rent, compared with 30.3% owned outright and 23.9% with a mortgage. Small and mid-sized homes dominate, with 43.8% having 2 bedrooms and 18.1% having 0 or 1.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$3,200
Rent / wk
$600
HH Size
2.1
Personal Income / wk
$1,502
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
10.6%
Unoccupied
611
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
24.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
29.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
35.7%
Couples, no children
8,018
Total families
Economy & Employment
Professional services shape Cremorne's economy more than population-serving retail. Professional/Tech accounts for 21.5% of workers, Finance 14.5%, Healthcare 12.0%, Education 8.6% and Retail 5.7%. Occupations reinforce this: 2,727 professionals and 1,558 managers dominate because high education links to knowledge-sector jobs. SEIFA is top decile on IEO, IRSD and IRSAD at 10, while IER is lower at decile 7, reflecting strong education and advantage but a less uniform economic-resource profile.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
73.4%
Part-time
23.2%
Participation
64.7%
Employed
5,978
Occupations
Top Industries
University
64.8%
Postgraduate
20.0%
Born Overseas
39.3%
Dwellings
5,118
Transport to Work
Daily convenience is strong for a compact suburb because shops, buses and local services sit within a 1.64 sq km footprint. Commuting is still car-led: 64.5% drive, higher than the 15.4% using public transport and the 15.4% walking or cycling. Schooling within the suburb is concentrated rather than broad, with 1 listed campus: SCECGS Redlands, an Independent Combined school with ICSEA 1190 and 1,680 enrolments. IRSAD decile 10 points to above-average access to advantage.
Drive
64.5%
Public Transport
15.4%
Walk / Cycle
15.4%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Cremorne compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Cremorne a good suburb to live in?
Yes, especially for buyers and renters who value a compact lower-north-shore setting. Cremorne has 11,263 residents, household income at the 92.1 percentile nationally, and 15.4% of commuters walk or cycle.
What is the median house price in Cremorne?
The current median house price is $1,527,475. The recent price series shows $1,558,000 in 2025, up 7.0% from $1,456,500 in 2024 and equal to the recorded peak.
What schools are in Cremorne?
Cremorne has 1 listed local school: SCECGS Redlands, an Independent Combined school with ICSEA 1190 and 1,680 enrolments. Families should also check nearby options in surrounding lower-north-shore suburbs.
Is Cremorne safe?
A suburb-level crime rate per 1,000 is not reported, so safety should be checked through recent local crime maps and inspections. Livability indicators are positive, including 15.4% walking or cycling and IRSAD decile 10.
Is Cremorne good for property investment?
Cremorne has investment appeal because 45.8% of dwellings are rented and median rent is $600 a week. The caution is vacancy at 10.6%, which is higher than a tight rental setting and can affect cash flow.
How is Cremorne's population changing?
Cremorne is already dense, with 11,263 residents across 1.64 sq km. Change is more likely to come from renewal than land expansion, supported by 89 development items in 12 months.
What languages are spoken in Cremorne?
Cremorne has 39.3% of residents born overseas, 17.7 percentage points above the national level. Reported languages include Mandarin with 171 speakers, Cantonese with 95, Japanese with 66, Portuguese with 66 and Nepali with 62.
Is there much development in Cremorne?
Yes. There were 89 development items over 12 months, including recent dwelling and alteration applications. In a 1.64 sq km suburb, that points to active renewal rather than broad greenfield growth.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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