Cremorne Point

Cremorne Point has shown very soft population growth performance across periods assessed by AreaSearch

As of Feb 2026, the estimated population of Cremorne Point is around 2,328, reflecting an increase of 58 people since the 2021 Census which reported a population of 2,270. This increase was inferred from AreaSearch's estimation of the resident population at 2,315 following examination of ABS's latest ERP data release in June 2024 and validation of an additional address since the Census date. The suburb's population density is estimated at 5,414 persons per square kilometer, placing it within the top 10% nationally according to AreaSearch. Cremorne Point's growth rate of 2.6% since the census is competitive compared to its SA3 area's growth rate of 5.6%. The primary driver for this population growth was overseas migration contributing approximately 72.0% of overall population gains during recent periods. AreaSearch projects a population increase of 154 persons by 2041, reflecting an increase of 6.1% over the 17 years based on aggregated SA2-level projections.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Moving forward with demographic trends, a population increase just below the median of statistical areas across the nation is expected, with the area expected to grow by 154 persons to 2041 based on aggregated SA2-level projections, reflecting with an increase of 6.1% in total over the 17 years.

The level of residential development activity in Cremorne Point is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers shows Cremorne Point recorded approximately one residential property approval per year over the past five financial years, totalling about eight homes. In FY26 so far, 23 approvals have been recorded. On average, 1.4 people moved to the area annually for each dwelling built between FY21 and FY25, indicating a balanced supply and demand creating stable market conditions. However, this has intensified to 30 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply.

New properties are constructed at an average expected cost of $1,071,000, targeting the premium market segment with higher-end properties. Cremorne Point's building activity is significantly lower than Greater Sydney's regional average (68.0% below), supporting stronger demand and values for established dwellings. This limited new supply also reflects a highly mature market with potential development constraints. Recent building activity consists solely of townhouses or apartments, appealing to downsizers, investors, and entry-level buyers. Cremorne Point has around 1555 people per dwelling approval, reflecting its high level of market maturity. According to AreaSearch's latest quarterly estimate, the area is projected to gain 141 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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified five projects likely affecting the region. Notable projects include Palmaria, Wycombe Rd Neutral Bay NSW 2089, Kirribilli Harbour, and Waruda Kirribilli. The following details projects likely most relevant:.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment landscape in Cremorne Point shows performance that lags behind national averages across key labour market indicators

Cremorne Point has a highly educated workforce, with the technology sector prominently represented. Its unemployment rate was 4.4% in December 2025, slightly higher than Greater Sydney's rate of 4.2%. Workforce participation stood at 68.2%, below Greater Sydney's 70.2%.

A significant 67.1% of residents worked from home as of the Census, potentially influenced by Covid-19 lockdowns. Key industries for employment are professional & technical (at 2.0 times the regional average), health care & social assistance, and finance & insurance. However, construction is under-represented at 4.6%, compared to Greater Sydney's 8.6%. Over the year ending December 2025, labour force levels increased by 0.6% while employment decreased by 0.4%, leading to a 1.0 percentage point rise in unemployment rate.

Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Cremorne Point's industry mix suggests local employment could increase by 7.9% over five years and 15.5% over ten years, though this is a simple extrapolation for illustrative purposes only.

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

As per AreaSearch data released for financial year 2023, Cremorne Point's median income among taxpayers is $86,645. The average income is $156,535. Nationally, this places Cremorne Point in the top percentile. In Greater Sydney, the median income is $60,817 and the average is $83,023. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates for Cremorne Point are approximately $94,322 (median) and $170,404 (average) as of September 2025. Census data shows household, family, and personal incomes in Cremorne Point rank between the 96th and 99th percentiles nationally. The suburb has a significant proportion, 39.4%, earning over $4,000 per week (917 individuals). This is higher than the surrounding region where the $1,500 - $2,999 category predominates at 30.9%. Cremorne Point's affluence is evident with 49.4% of residents earning over $3,000 per week, supporting premium retail and service offerings. Housing accounts for 14.5% of income. Residents rank 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

Cremorne Point's dwelling structures, as per the latest Census, consisted of 13.6% houses and 86.3% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Sydney metro's figures of 55.9% houses and 44.1% 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, exceeding Sydney metro's average of $2,427. The median weekly rent in Cremorne Point was $650, higher than Sydney metro's $470. Nationally, mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

Cremorne Point features high concentrations of lone person households, with a lower-than-average 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, smaller than the Greater Sydney average of 2.7.

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 averages. Among residents aged 15 or above, 62.7% have university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common (38.4%), followed by postgraduate qualifications (20.0%) and graduate diplomas (4.3%). Vocational pathways make up 19.3%, with advanced diplomas at 12.1% and certificates at 7.2%.

Additionally, 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.

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

Cremorne Point has 27 active public transport stops offering a mix of ferry and bus services. These are served by five routes that facilitate 2,655 weekly passenger trips in total. The area's transport accessibility is rated excellent with residents typically located just 97 metres from the nearest stop. As a primarily residential zone, most commutes are outward-bound. Cars remain the dominant mode of transport at 67%, while buses account for 7% and walking for 6%. On average, there are 0.8 vehicles per dwelling, below the regional norm.

According to the 2021 Census, a high 67.1% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 379 trips daily across all routes, equating to about 98 weekly trips per individual stop.

Cremorne Point's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Cremorne Point's health outcomes data shows exceptional results based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups. Private health cover is exceptionally high at approximately 88% of the total population (2,059 people), compared to 59.9% in Greater Sydney and 55.7% nationally.

The most prevalent medical conditions are asthma and arthritis, affecting 7.3 and 6.6% of residents respectively, while 71.5% report being completely free from medical ailments, compared to 74.6% in Greater Sydney. The under-65 population has better than average health outcomes. Cremorne Point has 25.9% of residents aged 65 and over (602 people), higher than the 15.4% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Cremorne Point was found to be above average when compared nationally for a number of language and cultural background related metrics

Cremorne Point's population showed greater linguistic diversity than most local areas, with 14.0% speaking a language other than English at home and 36.7% born overseas. Christianity was the predominant religion in Cremorne Point, representing 47.5% of its population. While this figure is higher than Greater Sydney's average of 48.9%, it is important to note that both percentages are relatively close.

Judaism had a slightly higher representation in Cremorne Point at 0.8%, compared to the regional average of 0.8%. The top three ancestral groups were English (29.3%), Australian (17.8%), and Irish (10.9%). Notably, French ancestry was overrepresented at 1.5% compared to the regional average of 0.5%. Hungarian ancestry also had a higher representation at 0.5%, compared to 0.3% regionally, and South Australian ancestry was similarly more prevalent at 1.2%, compared to 0.5%.

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

Cremorne Point's median age is 47 years, which is higher than Greater Sydney's average of 37 years and exceeds the national average of 38 years. The 55-64 age group comprises 16.2% of Cremorne Point's population, compared to Greater Sydney's figure. The 5-14 age group represents 6.8%, lower than Greater Sydney's percentage. Nationally, the 55-64 age group constitutes 11.2%. Post-2021 Census data indicates that the 15-24 age group grew from 8.0% to 10.3%, while the 75-84 cohort increased from 7.1% to 9.2%. Conversely, the 35-44 age group declined from 13.0% to 10.8%, and the 5-14 group decreased from 8.5% to 6.8%. By 2041, Cremorne Point's age profile is projected to change significantly. The 85+ cohort is expected to grow by 124%, adding 95 residents to reach 172. Residents aged 65 and above will drive 99% of population growth, reflecting demographic aging trends. Meanwhile, population declines are projected for the 15-24 and 25-34 age groups.