Cromer at a glance
8,390
People
$2,480,000
Median sale
$957/wk
Median rent
2.01%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
NSW › Cromer › Truman Ave
$2,850,000
Last sold
23 May 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
556.4 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,850,000
23 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Cromer (last 5 years) with land size have a median of $4,106/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Cromer at a glance
8,390
People
$2,480,000
Median sale
$957/wk
Median rent
2.01%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Cromer
+14.9%
Median sale
Suburb $2,480,000
-0.26 pp
Gross yield
Suburb 2.01%
Suburb median $2,480,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $957/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Cromer at a glance
8,390
People
$2,480,000
Median sale
$957/wk
Median rent
2.01%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by CunninghamsFIND. A harmonious blend of 1970's charm with a contemporary light reflecting split level renovation, has created a generous home that is focused on family, connection with the outdoors and a feeling of light and space. Soaring ceiling heights paired with magical sky lights in the front entrance sets the tone of modern design combined with style and intrigue. The 2021 extension to the home was designed by Rodney Bowry and is a wonderful addition to the original vintage appeal with added striking architectural presence. A perfectly designed alfresco space includes a serene swimming pool with multiple entertaining areas all surrounded by lush tropical gardens, palms and custom-made natural timber decking.
LOVE. Perfectly tailored for family life the open plan living, dining and kitchen space showcases large luminous windows that bring the abundant green foliage within the garden directly into view. The elevated light filled master bedroom features a raked ceiling with timber beams and a glorious mid-century inspired ensuite with superb terrazzo tiles and curved frameless shower screen. The spacious private front yard has created a tranquil family haven set in a peaceful suburb, positioned on the edge of natural bushland and literally moments to the lovely local Village shops and cafes.
- Large private backyard with sparkling north facing pool and established tropical palms and gardens with poolside cabana entertaining area. A large adjoining alfresco space with room for your BBQ and outdoor seating with timber decking is wrapped in gardens offering even more space to entertain. The very private front yard is encased in lush gardens with plenty of green lawn space.
- Sun lit open plan living and dining space with lovely refurbished timber floors, large windows with beautiful sheers, built-in study desk, ceiling fan and easy access to the alfresco entertaining area and pool.
- Spacious modern kitchen with divine sky light and a sumptuous stone breakfast bar, chic black sink, gas cooking, Bosch oven, contemporary lighting and lots of cupboard storage.
- A large modern master bedroom with northern sun is positioned in a private elevated spot with louvre windows, large built-in robes and a mid-century inspired contemporary ensuite with terrazzo tiles and beautiful curved frameless shower screen.
- An additional three good sized bedrooms positioned around the family bathroom with built-in robes, ceiling fans and one with a great skylight.
- A fifth bedroom with northern sun and built-in robe sits adjacent to a handy study nook area on the upper split level.
- A stunning family bathroom with terrazzo tiles, shower over bath and oversized mirror and vanity sits next to a separate WC.
- Large stylish laundry provides easy access to the outside space.
- A second private living area offers flexibility in use as a second living space or teenage retreat.
- Other features and updates include a new 13.3Kw solar system, a new roof and new timber decking, new ducted air conditioning in most of the house with provisions for the rest, and a handy garden shed.
- The single garage also provides room for storage with additional off-street parking available.
LIVE. Cromer is a family friendly suburb that sits about mid-way along the Northern Beaches Peninsula, with both Manly and Palm Beach within easy reach. It's only a short 5km drive to the vibrant beachfront at Dee Why with a great selection of cafes, restaurants, bars and the surf. Convenient access onto the beautiful leafy Narrabeen Lake trail is only a short drive or bike ride away. Local Village shopping and cafes are positioned a moments' walk away, with more dotted around the suburb and larger shopping centres at Warringah Mall and Warriewood Square. St Matthews Farm Reserve and Cromer Park playing fields are close by, as is access to local buses including the quick B-Line service from Pittwater Road. Headland walks and bike tracks, sporting fields, local schools and golf courses are all in close proximity.
RATES/SIZE:
Water rates: Approx $171.41 pq
Council rates: Approx $439.84 pq
Size: Approx 556.40 sqm
ABOUT THE AREA
Local Transport:
- Buses to the City CBD
- Westfield Warringah and surrounds
Shopping & Dining:
- Wheeler Heights shopping village
- Dee Why Grand
- Westfield Warringah Mall
Schools:
- Cromer Primary School
- Cromer High School
- Pittwater House Private College
WHAT THE OWNER LOVES:
- The area is very private and quiet and sits right on the edge of bushland with Red Hill and Narrabeen Lake trail very close by which is great for the kids
- We love the light and space and the way the original home has blended so well with the new contemporary renovation
- Its great having the local shops, pizza place, deli and café so close by and we can also be down at Dee Why beachfront in under 10 minutes
Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Cunninghams makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing.
Please be advised that the photographs, maps, images, or virtual styling representations included in this real estate listing are intended for illustrative purposes only and may not accurately depict the current condition or appearance of the property.
Listing description written by Matt Nicastri, Cunninghams — reproduced as published, not verified by Districts.