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Cromer

NSW 2099LGA: Northern Beaches

Investment Score

78

/100

AI Intelligence Summary

Cromer is a highly desirable beachside suburb on Sydney's Northern Beaches, offering an exceptional family-oriented lifestyle with proximity to pristine beaches including Dee Why and Curl Curl. The suburb features predominantly detached housing on generous blocks, attracting established professionals and families seeking the quintessential Northern Beaches experience. With excellent schools including Cromer Public School and nearby Cromer Campus, strong community sports clubs, and convenient access to shopping at Dee Why Grand and Warringah Mall, Cromer provides a balanced lifestyle. The property market has demonstrated steady growth over five years, supported by limited housing stock and consistent demand from families. Well-serviced by B-Line bus connections to Sydney CBD and benefiting from ongoing Northern Beaches transport improvements, Cromer combines coastal living with reasonable city accessibility. The suburb's higher-than-average household incomes and education levels reflect its premium positioning within the Northern Beaches market.

Strengths

  • Premium beachside location with close proximity to Dee Why and Curl Curl beaches
  • Excellent educational facilities including quality primary and high schools
  • Strong family-oriented community with active sports clubs and local groups
  • Steady property price growth supported by limited housing stock

Opportunities

  • Ongoing Northern Beaches transport infrastructure improvements
  • Potential for townhouse and unit developments to meet demand
  • Cycling infrastructure expansion enhancing connectivity
  • Growing demand for coastal lifestyle properties post-COVID

Considerations

  • Higher property prices limiting affordability for first-time buyers
  • Limited housing stock restricting choice for buyers
  • No direct rail connection requiring bus dependence
  • Potential traffic congestion on Pittwater Road during peak times

Property Market

Median House

$1.85M

+6.5% 1yr

Median Unit

$1.10M

+5.2% 1yr

Median Townhouse

$1.45M

Rent (House)

$1,150/wk

Rent (Unit)

$870/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+6.5%+22.0%+38.0%
Unit+5.2%+18.0%+32.0%

Rental Yields

House Yield

3.2%

Unit Yield

4.1%

Townhouse Yield

3.6%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score68/100
Risk Score (lower = safer)72/100
Affordability Index45/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Cromer at median house price

Standard transfer
$84,140
First Home Buyer
$84,140
Foreign buyer surcharge
$148,000

+8% surcharge

Annual rent income
$59,800

$1150/wk

Interest (80% LVR @ 6.5%)
-$96,200
Other expenses (~2.5%)
-$46,250
Net rental position
-$82,650

Negatively geared

Tax benefit (39% MTR)
+$32,234

Reduces taxable income

After-tax holding cost
$50,417/yr

~$970/week

Based on 7.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.67M
Capital gain
$724,900
After discount
$362,450
CGT payable
$141,356

10-Year Hold

Est. value
$3.85M
Capital gain
$1.91M
After discount
$952,568
CGT payable
$371,502

Investor Quick Summary

Entry cost (stamp duty)

$84,140

After-tax yield

1.95%

Weekly holding cost

$970/wk

10yr CGT (est.)

$371,502

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

4,200

Median Age

42

Median Income

$95K

per annum

Family Households

68.0%

Professionals

52.0%

University Educated

48.0%

Unemployment

3.2%

Born Overseas

35.0%

Dwelling Mix

Houses: 75%Units: 20%Townhouses: 5%Total: 1,680

Lifestyle & Community

Walkability72/100
Public Transport7/10
Schools Rating8/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

15

Parks

8

Hospitals

2

Distance to CBD

22.0 km

Nearest Station: Wynyard Station (via B-Line)

Premium beachside lifestyle with access to surfing, swimming, coastal walks, community sports, and outdoor recreation activities

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Data sourced from multiple sources. Last updated 27 March 2026.

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