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Cromer suburb profile

Cromer is a picturesque suburb located in Sydney's Northern Beaches, offering a serene and family-friendly environment. Known for its lush greenery and proximity to beautiful beaches, Cromer provides residents with a relaxed coastal lifestyle. The suburb features a mix of modern homes and traditional residences, catering to a diverse community. Cromer is well-served by local amenities, including schools, parks, and shopping centers, making it an ideal location for families. Its close-knit community and easy access to public transport and major roads ensure a convenient yet tranquil living experience for its residents.

Cromer property market performance

Current median dwelling price$1,535,500Past 3 months

Property growth+11.6%Past 12 months

Cromer’s property market has shown robust growth over the past 12 months, with house values climbing by 10.7%. The median house price now stands at $2.4 million. In contrast, unit data is sparse, with no median price available, potentially reflecting limited transactions or unit supply. House sales have been relatively active, with 24 sold over the last year and houses spending just 28 days on the market, indicating strong demand.

Rental markets have seen significant adjustments, with house rents increasing by 11.8% and unit rents rising sharply by 15.4%. The average rent for houses is $1,398, while units average $750, further highlighting significant demand shifts in Cromer’s rental sector.

HousesUnits
Median price
Past 3 months
$2.18MN/A
Change in value
Past 12 months
8.5%14.6%
Sold
Past 3 months
202
Median days on market
Past 12 months
31N/A
Average rent
Past 12 months
$1395$750
Change in rent
Past 12 months
11.6%15.4%

5 year median price trend for houses and units

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Cromer demographics

Cromer, located in Sydney's Northern Beaches, is a family-friendly suburb known for its tranquil environment and close-knit community. With a population of 8,030 and a median age of 41, Cromer attracts families and long-term residents who appreciate its suburban charm and proximity to both the coast and urban amenities. The suburb's high median household income of $2,483 per week reflects its affluent demographic, with many residents enjoying a comfortable lifestyle.

Family life is central to Cromer, with 57.4% of households being couple families with children, and 30.2% being couple families without children. This strong family presence is supported by local schools, parks, and recreational facilities, making it an ideal location for raising children. The suburb also has a small proportion of one-parent families, accounting for 11.7% of the population, and a minimal presence of other family types.

Property ownership in Cromer is predominantly stable, with 38.8% of homes owned outright and 45% owned with a mortgage. This indicates a strong sense of community and long-term investment in the area. Only 16.2% of properties are rented, highlighting the suburb's appeal to homeowners rather than transient renters. Cromer's blend of suburban serenity, family-oriented amenities, and proximity to Sydney's beaches makes it a desirable location for those seeking a balanced lifestyle.

Cromer infrastructure, key developments and investment opportunities

Cromer benefits from its established Northern Beaches setting, with strong access to nearby schools, recreational reserves and coastal amenities that continue to support family demand and long-term livability. Cromer Campus and Cromer Public School provide local education options, which is a key drawcard for owner-occupiers in the area.

There are no major new redevelopment or transport projects identified in the available results that would materially change Cromer’s property outlook at this time. Its appeal remains closely tied to its proximity to beaches, open space and broader Northern Beaches employment and retail centres, which helps underpin steady buyer interest.

Cromer rental market trends

The rental market in Cromer has shown solid growth, with house rents rising 11.8% over the past year to $1,398 per week, while unit rents have increased 15.4% to $750 per week. With its appealing coastal location and growing infrastructure, Cromer presents a robust opportunity for investors and tenants seeking strong returns and quality living.

Suburbs near Cromer

Some popular suburbs near Cromer include:

How does Cromer compare to nearby suburbs?

  • Median house prices: Cromer’s median house price is 30.3% lower than Collaroy Plateau’s.
  • Median unit prices: Cromer’s median unit price is 2.5% lower than Dee Why’s.
  • House price growth: Over the past 12 months, house prices in Cromer have grown 2.5% higher than in Wheeler Heights.
  • Unit price growth: Over the past 12 months, unit prices in Cromer have grown 2.4% higher than in Dee Why.
  • Selling speed for houses: Properties in Cromer are selling 57.5% faster than in Narraweena.
  • Investment considerations: In Cromer, the rental yield for house is 53.1% higher than the Sydney average, while the rental yield for units is 4.1% lower.
  • House price growth: Over the past 12 months, house prices in Cromer have grown 28.8% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Cromer have grown 9.5% higher than the average rate of growth for units across Sydney.

Common questions about Cromer

  • Is Cromer a nice place to live?

    Cromer is a delightful suburb that offers a peaceful and family-oriented lifestyle, making it a wonderful place to call home. Nestled in the Northern Beaches, Cromer is renowned for its serene atmosphere and lush surroundings, providing residents with a perfect blend of suburban charm and coastal living. The suburb's welcoming vibe is enhanced by its strong sense of community, where families find a supportive environment to thrive. With its mix of modern and traditional homes, Cromer caters to a diverse range of residents, ensuring everyone feels at home.

    Living in Cromer means enjoying the convenience of nearby amenities while being surrounded by natural beauty. The suburb boasts excellent local schools, parks, and shopping centers, making it particularly appealing for families. Safety is generally not a concern, allowing children to play freely and families to enjoy the outdoors. While Cromer may not offer the bustling nightlife of inner-city areas, it compensates with its proximity to stunning beaches and recreational reserves, providing ample opportunities for outdoor activities and relaxation.

    For families, Cromer is an ideal location, offering a tranquil environment with easy access to educational facilities and recreational spaces. However, the trade-off for this serene lifestyle is that it may lack the urban excitement found in more central suburbs. Additionally, while Cromer is well-connected by public transport and major roads, commuting to the city center might require some planning. Nonetheless, for those seeking a balanced lifestyle with a focus on family and community, Cromer presents a charming and appealing option.

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  • Is it expensive to live in Cromer?

    Living in Cromer can be quite expensive, especially when it comes to housing. The median house price in Cromer is a hefty $2,400,000, which is significantly higher than many other suburbs in Sydney. If you're thinking of renting, the average rent for houses is around $1,398 per week, while units, though not as readily available, average about $750 per week. These figures indicate that housing in Cromer demands a substantial financial commitment.

    When comparing household income, the median total household income in Cromer is $2,483 per week, which is slightly above the Sydney/NSW average wage of $2,080 per week. This suggests that while Cromer residents generally earn more than the average Sydney household, a large portion of their income would still go towards housing costs. Therefore, if you're considering Cromer as a place to live, it's important to evaluate whether your financial situation can comfortably accommodate the higher living expenses associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Cromer a good place to invest?

    Cromer is showing promising signs as a solid investment suburb, with impressive growth in both property values and rental returns over the past year. The median house value has increased by 10.7%, while units have seen a 9.7% rise, indicating strong demand across the board. This upward trend in property values suggests that Cromer is becoming increasingly attractive to both buyers and investors.

    In addition to capital growth, Cromer offers excellent rental potential. House rents have surged by 11.8%, and unit rents have jumped by 15.4% over the last 12 months. This significant increase in rental returns highlights the suburb's appeal to renters, ensuring a steady stream of rental income for property investors. Cromer's combination of rising property values and robust rental growth makes it a compelling choice for those looking to invest in the real estate market.

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Choose the right real estate agents in Cromer

There are 39 real estate agents in Cromer, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 57.9% of all sales in the past year.

Commission rates in Cromer typically range from 1.88% to 2.46%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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