Fast 50 Report 2026 Banner

Cromer

POSTAL CODE: NSW, 2099
HOUSE
UNIT

Property investors have seen a 3.86% gain in CROMER based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on CROMER, 2099 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.09%.

Based on its average 5-year and quarterly capital gains CROMER, 2099 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,555,000

Profits averaged 8.33% per annum over a 3-year period, due to an upward trend in home prices in CROMER, 2099.

This means, real estate investors could earn a rental income of $1300 based on current median home prices for the suburb.

The gross rental yield in CROMER, 2099 is 2.65%.

An average of 7.17 real estate transactions take place per month in CROMER which translates to 86 per annum.

Surburb overview

Cromer is a suburb in the Northern Beaches region, located approximately 20 kilometres northeast of Sydney's central business district. According to the 2021 Census, it has a population of roughly 8,030.

Cromer's Public transport includes bus routes connecting the suburb to major hubs such as Warringah Mall, Manly, and the Sydney CBD. The 179 bus route, operated by Keolis Downer Northern Beaches, runs between Warringah Mall and the War Veterans retirement village, serving the residents of Cromer.

The suburb offers several parks and recreational areas, including Cromer Park, Truman Reserve, and Dee Why West Recreation Reserve. These green spaces provide residents with opportunities for outdoor activities such as rugby league, soccer, and cricket.

Educational facilities in Cromer include Cromer Public School, catering to primary education, and Northern Beaches Secondary College, Cromer Campus for secondary education.

In terms of housing, Cromer features a mix of residential properties, predominantly separate houses. The median house price is approximately $2,272,500, with an annual capital growth of 12.78%. Rental yields for houses are currently around 2.97%, with a median rent of $1,200 per week.

Cromer offers a blend of residential living with access to essential services and recreational activities, contributing to its appeal as a Northern Beaches suburb. 

You’re out of free articles for this month
Loading form...