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

Drawing from ABS population statistics for the surrounding region and subsequent address validations conducted by AreaSearch since the Census, the suburb of Cremorne Point has a population estimated at 2,362 as of May 2026. This indicates an expansion of 92 people (4.1%) since the 2021 Census, which recorded 2,270 people. This change is calculated from a resident population of 2,354, which AreaSearch estimated using the ABS ERP release from June 2025 alongside 1 newly verified address since the Census. Such a population size results in a density of 5,493 persons per square kilometer, placing the locality in the highest 10% of all national areas analysed by AreaSearch, highlighting the high demand for local land. The suburb of Cremorne Point's 4.1% post-census growth rate trails the SA4 region (5.9%) by 1.8 percentage points, showing solid local growth dynamics. Overseas migration was the primary driver of this growth, accounting for approximately 72.0% of the overall population gains in recent times.

AreaSearch incorporates projections from the ABS and Geoscience Australia for each SA2 location, published in 2024 with 2022 serving as the baseline. For SA2 areas where this data is unavailable, projections at the SA2 level from the NSW State Government, published in 2022 with a 2021 baseline, are utilized. Growth projections by age group derived from these datasets are applied to all locations for the period spanning 2032 to 2041. Based on these combined SA2 projections, the suburb of Cremorne Point is anticipated to experience future demographic growth slightly below the national median, with an expected increase of 152 residents by 2041, representing a total rise of 6.1% over the 16 years.

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

An evaluation of ABS building approvals allocated by AreaSearch indicates that the suburb of Cremorne Point has averaged about 1 new home approval annually, with an estimated total of 7 approvals over the 5 financial years from FY-21 to FY-25, and 8 approvals registered during FY-26 so far. Because the area added an average of only 0.3 residents per year for each new dwelling constructed over the 5 financial years from FY-21 to FY-25, residential supply is keeping pace with or outstripping local demand. This provides prospective buyers with diverse options and allows for growth beyond projected limits, with newly approved homes carrying an average estimated construction cost of $1,071,000, showing that developers are focused on delivering high-end properties to the premium segment.

Compared to the wider Greater Sydney region, building activity in the suburb of Cremorne Point is considerably subdued, tracking at 71.0% below the metropolitan average per resident. This limited volume of new construction typically sustains demand and reinforces values for existing properties. This rate also sits below the national average, reflecting the mature nature of the locality and pointing to potential planning restrictions. Additionally, recent residential construction has consisted entirely of medium and high-density formats. This concentration on compact housing styles provides more affordable entry options and appeals to downsizers, property investors, and first-time buyers. The area has approximately 1562 people for every residential approval, confirming its established market status.

Demographic projections indicate the suburb of Cremorne Point will add 144 residents by 2041, starting from the most recent quarterly estimate by AreaSearch. If construction continues at its current pace, the supply of new housing may fail to keep up with this population increase, which could intensify competition among buyers and support upward pressure on property prices.

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

Changes to local infrastructure, planning decisions, and major development projects can influence a location's outlook. AreaSearch has identified a total of 5 projects that are expected to impact the locality. Prominent projects include Palmaria, Wycombe Rd, Neutral Bay Nsw 2089, Kirribilli Harbour, and Waruda Kirribilli, with the accompanying records detailing those of greatest relevance.

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.

AreaSearch analysis indicates Cremorne Point maintains employment conditions that align with national benchmarks

Cremorne Point features a highly skilled labor pool, where the technology industry stands out notably, alongside an unemployment rate of just 3.9% and an estimated employment growth of 1.2% over the previous year according to AreaSearch aggregated statistical area information. By March 2026, 1,372 individuals are employed, with an unemployment rate that is 0.2% lower than Greater Sydney's 4.1%, and workforce participation remains broadly comparable to Greater Sydney's 69.1%. Census data indicates that a substantial 67.1% of residents engage in remote work, although the influence of Covid-19 lockdown measures should be taken into account.

The primary sectors employing local residents are professional & technical services, health care & social assistance, and finance & insurance. The suburb of Cremorne Point shows a distinct concentration in professional & technical services, with employment levels in this sector reaching 2.0 times the metropolitan average. In contrast, the construction industry is underrepresented, making up only 4.6% of the workforce compared to the regional average of 8.6%. A comparison between the census working population and the resident population suggests that this predominantly residential locality offers limited job opportunities within its own borders.

Based on AreaSearch analysis of SALM and ABS data from broader statistical areas, the year leading to March 2026 saw employment levels rise by 1.2% and the labor force expand by 0.9%, which contributed to a decrease in the unemployment rate of 0.3 percentage points. Over the same timeframe, Greater Sydney saw employment and labor force numbers both grow by 1.9%, with a minor decrease in unemployment. Projections released in May-25 by Jobs and Skills Australia help illustrate potential future demand within the suburb of Cremorne Point. These five and ten-year national employment forecasts have been applied to the local workforce structure to model potential growth. Nationally, employment is projected to grow by 6.6% over five years and 13.7% over ten years, though individual industries vary. Applying these trends to the local industry mix suggests that employment for residents of the suburb of Cremorne Point could rise by 7.9% over five years and 15.5% over ten years, representing a simple weighted extrapolation that does not account for local population changes.

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

Taxpayer data from the ATO for the financial year 2023, compiled by AreaSearch, reveals that incomes in the suburb of Cremorne Point are exceptionally high on a national scale. The median taxpayer income is $86,645 and the average stands at $156,535, compared to Greater Sydney averages of $60,817 and $83,003 respectively. Adjusting these figures for the 10.32% growth in the Wage Price Index since the financial year 2023 yields estimated values of approximately $95,587 for the median and $172,689 for the average as of March 2026. The 2021 Census confirms that local personal, family, and household incomes are positioned in the top percentiles nationwide, ranging from the 96th to the 99th percentiles. Income distribution shows that the $4000+ weekly bracket is the most common, accounting for 39.4% of residents (930 people), whereas the regional leader is the $1,500 - 2,999 bracket at 30.9%. Highlighting the local affluence, 49.4% of residents earn more than $3,000 weekly, which helps sustain high-end retail and local services. Housing costs consume 14.5% of income, while strong overall earnings place the population in the 96th percentile for disposable income, and the SEIFA index ranks the area in the 10th decile.

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

Residential profiles from the latest Census show that housing in the suburb of Cremorne Point consists of 13.6% separate houses and 86.3% other dwelling types, such as apartments, semi-detached properties, and alternative formats, compared to the Greater Sydney average of 55.9% houses and 44.1% other dwellings. The level of home ownership in the suburb of Cremorne Point stands at 35.4%, with the remaining properties being mortgaged (17.9%) or rented (46.7%). The median monthly mortgage payment in the area was recorded at $2,996, which is higher than the Sydney metro average of $2,427. The median weekly rent of $650 also exceeds the metropolitan benchmark of $470. On a national level, mortgage commitments in the suburb of Cremorne Point are higher than the Australian average of $1,863, and rent payments are above the national median of $375.

Cremorne Point features high concentrations of lone person households, with a lower-than-average median household size

Families make up 61.4% of all households, consisting of couples with children at 20.7%, couples without children at 33.1%, and single-parent households at 5.7%. Non-family living arrangements account for the remaining 38.6% of households, with lone person households representing 37.1% and group households making up 1.9%. The median household size of 2.1 persons is 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

Local education levels are higher than broader state and national benchmarks, with 62.7% of residents aged 15 and over holding a university degree, compared to 30.4% nationally and 32.2% across NSW. This educational profile positions the community well for professional opportunities. Bachelor degrees are the most common qualification at 38.4%, followed by postgraduate degrees at 20.0% and graduate diplomas at 4.3%. Vocational training accounts for 19.3% of qualifications among residents aged 15 and over, which includes advanced diplomas at 12.1% and certificates at 7.2%.

A total of 24.3% of the local population is enrolled in formal education. This group includes 7.6% of residents attending tertiary institutions, 7.3% in primary school, and 5.1% studying at the secondary level.

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

Transport assessments record 27 active public transport stops within the suburb of Cremorne Point, comprising a combination of ferry and bus services. These stops are served by 5 distinct routes, which provide a combined total of 2,655 passenger journeys each week. Local access is rated as excellent, with residents living an average of 97 meters from the nearest stop. Because the area is primarily residential, the majority of working residents commute to other locations. Private vehicles are the main mode of travel at 67%, followed by buses at 7% and walking at 6%. Car ownership averages 0.8 vehicles per household, which is below the metropolitan average. A high proportion of residents, 67.1%, worked from home, according to the 2021 Census, which may reflect the pandemic conditions at the time.

Across all routes, service frequencies average 379 trips per day, which translates to approximately 98 weekly trips for each transport stop in the area.

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

Health assessments indicate strong outcomes in the suburb of Cremorne Point, with low rates of chronic conditions and mortality across all age brackets. Private health insurance coverage is high, with approximately 88% of the population (2,089 people) holding cover, compared to 59.9% in Greater Sydney and a national average of 55.7%.

The primary medical issues identified among local residents are asthma and arthritis, which affect 7.3% and 6.6% of the population respectively, while 71.5% of residents reported having no chronic medical conditions, compared to 74.6% across Greater Sydney. Health measures for residents under 65 are better than average. Residents aged 65 and older make up 24.9% of the population (588 people), which exceeds the Greater Sydney average of 15.5%. Health profiles for these senior citizens remain strong, with national rankings matching those of the broader community.

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

The suburb of Cremorne Point exhibits a higher degree of cultural diversity than most local areas, with 14.0% of residents speaking a language other than English at home and 36.7% born outside of Australia. Christianity is the most common religious affiliation, representing 47.5% of the population. The most prominent religious overrepresentation is Judaism, which accounts for 0.8% of the population, matching the 0.8% figure recorded across Greater Sydney.

Regarding family heritage, the three most common ancestries in the suburb of Cremorne Point are English at 29.3% of the population (higher than the regional average of 19.0%), Australian at 17.8%, and Irish at 10.9%. There are also differences in the representation of other ethnic backgrounds, with French ancestry making up 1.5% of the population (compared to 0.5% across the region), Hungarian at 0.5% (compared to 0.3% regionally), and South Australian at 1.2% (compared to 0.5% regionally).

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

The median age in the suburb of Cremorne Point is 47 years, which is older than the Greater Sydney average of 37 and the national average of 38. The 55 - 64 age group is strongly represented at 15.6% compared to the Greater Sydney average, while the 5 - 14 cohort is less common at 6.7%. Post-2021 Census data shows the 15 to 24 age bracket rose from 8.0% to 10.2% of the population, and the 25 to 34 age group grew from 12.9% to 14.7%. In contrast, the 35 to 44 cohort decreased from 13.0% to 11.2%, and the 5 to 14 group fell from 8.5% to 6.7%. Demographic modeling indicates the age profile will change by 2041. The 85+ cohort is projected to see the largest growth at 126%, adding 104 residents to reach a total of 187. Residents aged 65 and older are expected to account for 96% of population growth, highlighting local aging trends, while declines are projected for the 45 to 54 and 15 to 24 age brackets.