Cremorne Point

Cremorne Point is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of November 2025, the estimated population of Cremorne Point is around 2,329. This figure reflects a growth of 59 people since the 2021 Census, which reported a population of 2,270. The increase was inferred from AreaSearch's validation of new addresses and ABS ERP data released in June 2024, indicating an estimated resident population of 2,312 for Cremorne Point. This growth equates to a density ratio of 5,416 persons per square kilometer, placing the suburb within the top 10% nationally according to AreaSearch. The suburb's 2.6% growth since the census is comparable to its SA4 region's growth rate of 5.4%. Overseas migration contributed approximately 72.0% of Cremorne Point's population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for areas not covered by the former data. Growth rates by age group are applied to all areas from these aggregations for years 2032 to 2041. Based on aggregated SA2-level projections, Cremorne Point is expected to grow by 166 persons by 2041, reflecting a total increase of 7.8% over the 17-year period. This growth trend aligns with the median demographic trends for statistical areas across the nation.

AreaSearch assessment of residential development drivers sees a low level of activity in Cremorne Point, placing the area among the bottom 25% of areas assessed nationally

AreaSearch analysis of ABS building approval numbers indicates Cremorne Point has averaged approximately two residential properties granted approval per year over the past five financial years, totalling an estimated ten homes. No approvals have been recorded so far in FY-26. On average, 1.3 people moved to the area for each dwelling built between FY-21 and FY-25, suggesting a balanced supply and demand with stable market conditions. However, this has intensified recently, with 15.5 people moving per dwelling over the past two financial years, indicating growing popularity and potential undersupply. New properties are constructed at an average expected construction cost of $1,071,000, targeting the premium market segment.

In FY-26, $498,000 in commercial approvals have been registered, reflecting the area's residential nature. Compared to Greater Sydney, Cremorne Point has markedly lower building activity, at 59.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing dwellings, although development activity has increased recently. Nationally, Cremorne Point also reflects market maturity with possible development constraints. All new construction has been comprised of townhouses or apartments, promoting higher-density living and affordability for downsizers, investors, and first-home buyers. With approximately 779 people per approval, Cremorne Point shows a mature, established area.

Population forecasts indicate an increase of 182 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Cremorne Point has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

The performance of an area can significantly be influenced by changes to local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of five projects that are expected to impact the area. Notable projects include Palmaria, Wycombe Rd in Neutral Bay NSW 2089, Kirribilli Harbour, and Waruda Kirribilli. The following list outlines those projects deemed most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Cremorne Point remain below the national average according to AreaSearch analysis

Cremorne Point has a highly educated workforce with notable representation in the technology sector. Its unemployment rate is 4.6%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, 1,379 residents are employed while the unemployment rate is 0.4% higher than Greater Sydney's rate of 4.2%. Workforce participation in Cremorne Point is 65.0%, compared to Greater Sydney's 60.0%. The key industries for employment among residents are professional & technical, health care & social assistance, and finance & insurance. Professional & technical services have particularly high representation at twice the regional average.

Conversely, construction shows lower representation at 4.6% versus the regional average of 8.6%. The area offers limited local employment opportunities, as indicated by the count of Census working population vs resident population. In the 12-month period ending June 2025, Cremorne Point's labour force decreased by 0.8% and employment decreased by 2.3%, leading to a rise in unemployment rate of 1.5 percentage points. This contrasts with Greater Sydney where employment grew by 2.6%, labour force expanded by 2.9%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Cremorne Point's employment mix suggests local employment should increase by 7.9% over five years and 15.5% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

Cremorne Point has an exceptionally high income level nationally according to the latest ATO data aggregated by AreaSearch for the financial year 2022. The median income among taxpayers in Cremorne Point is $86,645 and the average income stands at $156,535. This compares to figures for Greater Sydney of $56,994 and $80,856 respectively. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates would be approximately $97,571 (median) and $176,274 (average) as of September 2025. According to the 2021 Census figures, household, family and personal incomes in Cremorne Point all rank highly nationally, between the 96th and 99th percentiles. Distribution data shows that the $4000+ bracket dominates with 39.4% of residents (917 people), contrasting with regional levels where the $1,500 - 2,999 bracket leads at 30.9%. Cremorne Point demonstrates considerable affluence with 49.4% earning over $3,000 per week, supporting premium retail and service offerings. Housing accounts for 14.5% of income while strong earnings rank residents within the 96th percentile for disposable income. The area's SEIFA income ranking places it in the 10th decile.

Cremorne Point features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership

In Cremorne Point, as per the latest Census, 13.6% of dwellings were houses while 86.3% were other types such as semi-detached, apartments, and 'other' dwellings. In comparison, Sydney metropolitan area had 17.9% houses and 82.1% other dwellings. Home ownership in Cremorne Point stood at 35.4%, with mortgaged dwellings at 17.9% and rented ones at 46.7%. The median monthly mortgage repayment was $2,996, below Sydney metro's average of $3,085. The median weekly rent in Cremorne Point was $650, compared to Sydney metro's $582. Nationally, Cremorne Point's mortgage repayments were higher at $1,863 and rents were substantially above the national figure of $375.

Cremorne Point features high concentrations of lone person households, with a fairly typical median household size

Family households constitute 61.4% of all households, including 20.7% couples with children, 33.1% couples without children, and 5.7% single parent families. Non-family households comprise the remaining 38.6%, with lone person households at 37.1% and group households making up 1.9%. The median household size is 2.1 people, which aligns with the Greater Sydney average.

Cremorne Point demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Cremorne Point's educational attainment is notably higher than national and state averages. 62.7% of its residents aged 15+ have university qualifications, compared to 30.4% in Australia and 32.2% in NSW. Bachelor degrees are the most common at 38.4%, followed by postgraduate qualifications (20.0%) and graduate diplomas (4.3%). Vocational pathways account for 19.3% of qualifications among those aged 15+, with advanced diplomas at 12.1% and certificates at 7.2%.

A significant 24.3% of the population is actively pursuing formal education, including 7.6% in tertiary education, 7.3% in primary education, and 5.1% in secondary education. Educational facilities may be located outside Cremorne Point's immediate boundaries, necessitating families to access schools in neighboring areas.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Analysis of public transport in Cremorne Point shows 17 active transport stops operating, consisting of a mix of ferry and bus services. These stops are served by 5 individual routes, collectively facilitating 1,977 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 99 meters from the nearest stop.

Service frequency averages 282 trips per day across all routes, equating to approximately 116 weekly trips per individual stop.

The level of general health in Cremorne Point is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Cremorne Point shows superior health outcomes for both young and elderly residents, with low prevalence of common conditions. Private health cover stands at approximately 88% (2,060 people), compared to Greater Sydney's 86.4%. Nationally, this average is 55.3%.

The most prevalent medical conditions are asthma (7.3%) and arthritis (6.6%), with 71.5% of residents reporting no ailments, slightly lower than Greater Sydney's 75.2%. Residents aged 65 and over comprise 24.7% (575 people), higher than Greater Sydney's 20.1%. Health metrics for seniors are notably strong, outperforming the general population.

Cremorne Point was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Cremorne Point's population was found to have 14.0% speaking a language other than English at home, as of the 2016 Census. This figure is higher than most local markets. Additionally, 36.7% of Cremorne Point residents were born overseas.

Christianity was the predominant religion in Cremorne Point, with 47.5% of people identifying as such. However, Judaism was overrepresented compared to Greater Sydney, comprising 0.8% of Cremorne Point's population versus 1.0%. The top three ancestry groups based on country of birth of parents were English (29.3%), Australian (17.8%), and Irish (10.9%). Notably, French (1.5%) and Hungarian (0.5%) ethnicities had higher representations in Cremorne Point compared to regional averages of 1.1% and 0.4%, respectively. South African ancestry was also overrepresented at 1.2%, compared to the regional average of 0.8%.

Cremorne Point hosts an older demographic, ranking in the top quartile nationwide

Cremorne Point's median age is 47 years, which is considerably higher than Greater Sydney's average of 37 years and exceeds the national average of 38 years. The age group of 55-64 years shows strong representation at 15.5%, compared to Greater Sydney, while the 5-14 year cohort is less prevalent at 6.8%. Post-2021 Census data indicates that the 15 to 24 year age group has grown from 8.0% to 10.1% of the population, and the 75 to 84 year cohort increased from 7.1% to 8.6%. Conversely, the 35 to 44 year cohort has declined from 13.0% to 10.7%, and the 5 to 14 year group dropped from 8.5% to 6.8%. Demographic modeling suggests that Cremorne Point's age profile will evolve significantly by 2041, with the 85+ cohort showing the strongest projected growth of 158%, adding 110 residents to reach 180. Senior residents aged 65 and above will drive 91% of population growth, reflecting demographic aging trends. Meanwhile, population declines are projected for the 15 to 24 year and 45 to 54 year cohorts.