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Grasmere Lane, Cremorne NSW 2090

Street

Street Summary

Grasmere Lane, Cremorne NSW 2090 is a mixed street where 39% of homes are houses and 54% are apartments. The street functions as a local road. Seven homes sit level with the street and 2 homes sit below the street. One home is recommended for a flood check. Two small apartment developments, 40 Grasmere Lane and 46 Grasmere Lane, are located on the street. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Grasmere Lane, Cremorne NSW 2090 property market.

Houses vs Apartments28 total lots
39.3%
53.6%
7.1%
Houses (39.3%)
Apartments (53.6%)
Townhouses/Villas/Unclassified (7.1%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Grasmere Lane, Cremorne NSW 2090 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
FlatLow-side
7 lots
2 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
0 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Grasmere Lane, Cremorne NSW 2090 over the past 5 years, plotted against the Cremorne NSW 2090 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$3.8M · 2022$3.8M · 2023$3.7M · 2024$4M · 2025$3.7M · 2026$2.9M · 2025-08-29 · 2 GRASMERE LANE, CREMORNE NSW 2090$4.8M · 2021-11-11 · 50 GRASMERE LANE, CREMORNE NSW 2090$2.6M · 2022-10-15 · 93 GRASMERE LANE, CREMORNE NSW 2090
Turnover rate27.3%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Grasmere Lane, Cremorne NSW 2090 over the past 5 years, plotted against the Cremorne NSW 2090 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$1.2M · 2022$1.3M · 2023$1.2M · 2024$1.4M · 2025$1.3M · 2026$1.6M · 2022-03-17 · 9/46 GRASMERE LANE, CREMORNE NSW 2090$1.9M · 2026-01-20 · 9/46 GRASMERE LANE, CREMORNE NSW 2090$1.6M · 2023-11-30 · 7/40 GRASMERE LANE, CREMORNE NSW 2090$1.6M · 2023-11-04 · 9/40 GRASMERE LANE, CREMORNE NSW 2090$1.9M · 2025-03-25 · 9/40 GRASMERE LANE, CREMORNE NSW 2090
Apartment sales1Past 12 months
Turnover rate33.3%Past 5 years

Largest Apartment Projects

The largest apartment projects on Grasmere Lane, Cremorne NSW 2090, ranked by number of lots.

1
40 GRASMERE LANE, CREMORNE NSW 2090Small project (<20 lots)
2
46 GRASMERE LANE, CREMORNE NSW 2090Small project (<20 lots)

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Living in Grasmere Lane, Cremorne NSW 2090 : Street Profile & FAQs

Common questions about living on and buying property on Grasmere Lane, Cremorne NSW 2090 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Grasmere Lane an expensive or affordable street relative to Cremorne?

There are insufficient recent house sales on Grasmere Lane to calculate a reliable premium or discount against the Cremorne average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Grasmere Lane?

There is no bushfire, heritage, or high-voltage overlay on Grasmere Lane. One property is recommended for a flood check, while 10 properties have no flood risk identified or are not mapped. A flood check recommendation simply means further assessment is advised, and a flood overlay does not necessarily mean a property floods, so buyers should review council mapping, flood reports, and insurance costs before purchasing.

Are properties on Grasmere Lane mostly on high, level or low ground?

7 homes sit level with the street; 2 homes sit below the street. Different site heights relative to the street can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

What type of road is Grasmere Lane?

Grasmere Lane is a local road. Local roads generally serve nearby residents rather than carrying through traffic.

Is Grasmere Lane mostly houses or apartments?

There are 28 residential properties on Grasmere Lane. Houses make up 39.3% of the residential stock, while apartments make up 53.6%.

What are the major apartment developments on Grasmere Lane?

The major apartment developments on Grasmere Lane are 40 Grasmere Lane, Cremorne NSW 2090, which has 12 lots across 3 levels and was built in 1975, and 46 Grasmere Lane, Cremorne NSW 2090, which has 12 lots across 5 levels and was built in 1970. These developments contribute to the street's apartment presence or higher-density residential character.

How many properties have sold on Grasmere Lane?

1 house sold in the past 12 months, and 1 apartment sold in the past 12 months. The 5-year turnover rate for houses is 27.3%, and for apartments, it is 33.3%. Turnover measures the proportion of properties that changed ownership during the past five years.

Is Grasmere Lane a good street to buy property on?

Grasmere Lane is a local road with a mix of detached houses and apartments. Buyers looking for detached houses should note that there are insufficient recent sales to calculate a reliable premium or discount against the Cremorne average. Buyers comfortable with a local-road residential street may find the mix of 28 residential properties, including two major apartment developments, suits their needs. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.