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Kareela Rd, Cremorne Point NSW 2090

Street

Street Summary

Kareela Rd, Cremorne Point NSW 2090 is a local road where 27% of residences are houses and 65.6% are apartments. 16 homes sit above the street; 1 homes sit level with the street; 34 homes sit below the street. 58 homes are heritage-listed and 2 are recommended for a flood check. 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. Notable developments include 45-lot building at 4 Kareela Rd, 16-lot at 14 Kareela Rd, and 12-lot at 2 Kareela Rd.


PART 1
Street Profile

Property Type Mix

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

Houses vs Apartments215 total lots
27%
65.6%
7.4%
Houses (27%)
Apartments (65.6%)
Townhouses/Villas/Unclassified (7.4%)

PART 2
Houses

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

Land Topography

How house lots on Kareela Rd, Cremorne Point 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
High-sideFlatLow-side
16 lots
1 lots
34 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
58 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

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

Street sales vs suburb median
Street SalesSuburb Median Price
$0$5.0M$10.0M$15.0M$20.0MSept 21May 23Jan 25Sept 26$4.6M · 2022$4.1M · 2023$6.2M · 2024$6M · 2025$7.9M · 2024-06-01 · 61 KAREELA RD, CREMORNE POINT NSW 2090$9.3M · 2024-11-15 · 22 KAREELA RD, CREMORNE POINT NSW 2090$2.4M · 2026-04-29 · 2/23 KAREELA RD, CREMORNE POINT NSW 2090$7.2M · 2022-05-26 · 15 KAREELA RD, CREMORNE POINT NSW 2090$11M · 2025-03-07 · 15 KAREELA RD, CREMORNE POINT NSW 2090$6.6M · 2022-08-17 · 37 KAREELA RD, CREMORNE POINT NSW 2090$3.8M · 2022-08-18 · 48 KAREELA RD, CREMORNE POINT NSW 2090$5.7M · 2021-11-18 · 68 KAREELA RD, CREMORNE POINT NSW 2090$3.5M · 2023-08-19 · 2/65 KAREELA RD, CREMORNE POINT NSW 2090$3.6M · 2022-03-31 · 1/65 KAREELA RD, CREMORNE POINT NSW 2090$3.8M · 2024-09-30 · 68A KAREELA RD, CREMORNE POINT NSW 2090
Turnover rate19%Past 5 years

PART 3
Apartments

Street Sales - Apartments

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

Street sales vs suburb median
Street SalesSuburb Median Price
$0$2.5M$5.0M$7.5M$10.0MSept 21May 23Jan 25Sept 26$1.7M · 2022$1.5M · 2023$1.7M · 2024$1.5M · 2025$5M · 2021-09-11 · 60 KAREELA RD, CREMORNE POINT NSW 2090$4.2M · 2025-03-07 · 60 KAREELA RD, CREMORNE POINT NSW 2090$1.5M · 2024-09-19 · 1/12 KAREELA RD, CREMORNE POINT NSW 2090$2.9M · 2024-09-17 · 1/14 KAREELA RD, CREMORNE POINT NSW 2090$2.9M · 2024-11-20 · 2/14 KAREELA RD, CREMORNE POINT NSW 2090$2M · 2023-04-28 · 5/14 KAREELA RD, CREMORNE POINT NSW 2090$780k · 2021-10-07 · 6/2 KAREELA RD, CREMORNE POINT NSW 2090$1M · 2022-06-02 · 8/30 KAREELA RD, CREMORNE POINT NSW 2090$1.4M · 2025-06-05 · 28/4 KAREELA RD, CREMORNE POINT NSW 2090$625k · 2025-04-15 · 4/4 KAREELA RD, CREMORNE POINT NSW 2090$1.8M · 2022-09-21 · 3/4 KAREELA RD, CREMORNE POINT NSW 2090$1.1M · 2023-03-14 · 9/4 KAREELA RD, CREMORNE POINT NSW 2090$1.6M · 2025-09-04 · 37/4 KAREELA RD, CREMORNE POINT NSW 2090$700k · 2022-12-06 · 30/4 KAREELA RD, CREMORNE POINT NSW 2090$1.3M · 2025-05-16 · 1/4 KAREELA RD, CREMORNE POINT NSW 2090$2.7M · 2026-03-20 · 34/4 KAREELA RD, CREMORNE POINT NSW 2090$1.5M · 2023-09-08 · 12/4 KAREELA RD, CREMORNE POINT NSW 2090$943k · 2023-09-02 · 31/4 KAREELA RD, CREMORNE POINT NSW 2090$2.6M · 2022-02-25 · 40/4 KAREELA RD, CREMORNE POINT NSW 2090
Apartment sales2Past 12 months
Turnover rate13.5%Past 5 years

Largest Apartment Projects

The largest apartment projects on Kareela Rd, Cremorne Point NSW 2090, ranked by number of lots.

1
4 KAREELA RD, CREMORNE POINT NSW 2090Small-Medium project (20-50 lots)
2
14 KAREELA RD, CREMORNE POINT NSW 2090Small project (<20 lots)
3
2 KAREELA RD, CREMORNE POINT NSW 2090Small project (<20 lots)

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Living in Kareela Rd, Cremorne Point NSW 2090 : Street Profile & FAQs

Common questions about living on and buying property on Kareela Rd, Cremorne Point 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 Kareela Rd an expensive or affordable street relative to Cremorne Point?

There are insufficient recent house sales on Kareela Rd to calculate a reliable premium or discount against the Cremorne Point 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 Kareela Rd?

There is no bushfire or high-voltage powerline risk on this street. 58 properties are heritage-listed, meaning renovations or exterior changes may require additional council approval. Flood overlays do not apply, but 2 properties are recommended for a flood check, and 56 have been reviewed with no flood risk identified or not mapped. Review council mapping and insurance costs before purchasing.

Are properties on Kareela Rd mostly on high, level or low ground?

16 homes sit above the street; 1 homes sit level with the street; 34 homes sit below the street. Most homes sit below the street, creating a mixed profile of site heights. Different site heights can influence site characteristics, so buyers should assess the specific property rather than relying on the street average.

What type of road is Kareela Rd?

Kareela Rd is a local road, which generally serves nearby residents rather than carrying through traffic. This classification typically indicates a quieter, residential environment compared to collector or arterial roads. No specific speed limit or traffic volume data is available for this street.

Is Kareela Rd mostly houses or apartments?

There are 215 residential properties on Kareela Rd. Apartments make up 65.6% of the street, while houses account for 27%. The street is predominantly apartments, offering a higher-density residential character compared to streets dominated by detached homes.

What are the major apartment developments on Kareela Rd?

The major apartment developments on Kareela Rd include 4 Kareela Rd (45 lots, 10 levels, built 1964), 14 Kareela Rd (16 lots, 4 levels, built 1975), and 2 Kareela Rd (12 lots, 4 levels, built 1981). These developments contribute to the street's apartment presence and higher-density residential character.

How many properties have sold on Kareela Rd?

1 house and 2 apartments have sold in the past 12 months. The 5-year turnover rate is 19% for houses and 14.2% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years.

Is Kareela Rd a good street to buy property on?

Kareela Rd is well-suited for apartment buyers or those comfortable with a local-road residential street. The 58 heritage-listed homes offer character but require council approval for renovations. Buyers should consider the mix of site heights and the prevalence of apartments when deciding if this street aligns with their needs.