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4.9 km from CBD
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True annual cost of living in Cremorne, NSW 2090

Living in a house in Cremorne costs about $6,279 a year: council rates, water and sewerage, commute and home insurance combined. Cremorne sits 4.9 kilometres from Sydney CBD. Unit costs reach $8,359, with the $3,500 body corporate levy accounting for the entire difference between the two. Transport mode has the biggest effect on total cost in a suburb this close to the city.

Last updated July 2026 · North Sydney Council rates 2026-27, ATO 88c/km, AER electricity benchmarks

3 key insights
Running costs sit near the North Sydney Council average, cheaper than 58% of suburbs in the region.
Home insurance is the biggest expense at $1,850, roughly 29% of the annual total.
Switching from driving to public transport saves $366 a year.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →
Lower cost
House annual cost
$6,279
Driving · per year
$523/month
Unit annual cost
$8,359
Incl. body corporate
$697/month
House vs unit difference
+$2,080
Unit costs more per year
Annual cost breakdown
Council rates
North Sydney Council rates (IPART approved SRV, 23.3% in 2026-27, Final Report June 2026) · average rate
$1,327
Water & sewerage
Sydney Water 2026-27
$1,548
Driving commute
ATO 88c/km · 4.9km from CBD · 192 days
$1,554
Home insurance
Estimated · flood Low · fire Low
$1,850
Total annual running cost
$6,279
($523/month)
Near North Sydney Council average
SuburbCost affordability score ●●●●○ 7.9/10 Good
Cheaper to run than 58% of North Sydney Council suburbs. Score blends running cost (50%), schools (20%) and flood & fire risk (30%).
Estimated electricity cost typical 2-person household
House
$2,148/yr
5,238 kWh
Unit
$1,716/yr
3,929 kWh
Estimated from AER residential benchmarks for Cremorne's climate zone at 2025 rates. Get the free report for a breakdown by your exact number of occupants.
Compare Cremorne with another suburb
Is it cheaper to drive or take public transport from Cremorne to the CBD?
Driving saves Cremorne residents $366 per year. Annual commute cost by car is $1,554 versus $1,920 by public transport using the Opal network.
What are the council rates in Cremorne?
Cremorne falls under North Sydney Council. The average residential rate for 2026-27 is $1,327 per year for an owner-occupied house, based on OLG data uplifted by the council's IPART rate peg. Individual properties pay more or less depending on land value. Unit owners in strata schemes pay $1,327 per year. These figures cover the general rate only and exclude waste and cleansing charges.
What does it cost to run a unit in Cremorne?
Running a unit in Cremorne costs approximately $8,359 per year by car or $8,725 by public transport. This includes council rates of $1,327, water and sewerage $1,548, estimated body corporate levy of $3,500, and contents insurance of $430. Body corporate fees vary significantly between buildings. Always confirm the actual levy before purchasing.

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Data sources: Council rates: North Sydney Council rates (IPART approved SRV, 23.3% in 2026-27, Final Report June 2026). Water: Sydney Water 2026-27. Commute: ATO cents per kilometre rate 2025–26 (88c/km). Insurance: AI-estimated, disclosed as estimate. Schools: ACARA ICSEA 2025. Risk: Fire: NSW RFS Bush Fire Prone Land. Flood: modelled from 30m elevation (topographic). Data updated 2026-07.
Cost estimates are for comparison purposes only and do not constitute financial, insurance, or credit advice.