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Unit 11,
1 THEW PARADE Cromer NSW 2099

This property is Off Market

All about Cromer Homes for sale in Cromer


  • Last sold 10/20/2023 for $750,000. The Average property price in this area is $2,137,387, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.78 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Cromer

With an average age of 38, households expect an average monthly mortgage payment of $5,200 or a weekly rent payment of $913. The average family earns a weekly income of $3,892 with a typical household size of 3.3 and a 94.5% employment rate.

Consistent high demand relative to supply is a key feature in Cromer driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cromer are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Cromer changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Cromer we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cromer a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

Are people healthy?

There are a recorded 720 asthma sufferers and 306 people living with diabetes. In addition, 377 people have a heart/vascular condition and 466 people live with three or more chronic diseases.

A good place to invest in property?

Cromer a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

52 / 100

31 / 100

Industry

14 / 100

22 / 100

Population

13 / 100

19 / 100

House Prices

89 / 100

60 / 100

Jobs

24 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Dee Why PS NBSC Cromer Cromer PS
  • Karuna Montessori School

    Narraweena, NSW, 2099 Independent K

  • Fisher Road School

    Dee Why, NSW, 2099 State U

  • Pittwater House Schools

    Collaroy, NSW, 2097 Independent K-12

  • Wheeler Heights Public School

    Collaroy Plateau, NSW, 2097 State K-6

  • Narraweena Public School

    Narraweena, NSW, 2099 State K-6

  • Dee Why Public School

    Dee Why, NSW, 2099 State K-6

  • St Rose Catholic Primary School

    Collaroy Plateau, NSW, 2097 Independent K-6

  • Collaroy Plateau Public School

    Collaroy Plateau, NSW, 2097 State K-6

  • Northern Beaches Secondary College Cromer Campus

    Cromer, NSW, 2099 State 7-12

  • Cromer Public School

    Cromer, NSW, 2099 State K-6


Property Story

Unit 11, 1 Thew Parade, Cromer, Nsw, 2099 is a residential property . The estimated distance to the sea is only 1.78km and 0.38KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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