Spring Property Report
Michael Gleeson
Cronulla
Michael Gleeson
Cronulla Property Market Report
The Cronulla property market has demonstrated renewed strength in 2025, benefiting from the RBA’s interest rate cuts in February and May that brought the cash rate down to 3.85%. The suburb’s enduring appeal as one of Sydney’s premier beachside destinations continues to drive strong buyer interest, with current median house prices at $3.12 million and units at $1.025 million. Market sentiment has significantly improved following the first interest rate relief in over two years, with units particularly active moving in just 28 days compared to 67 days for houses, reflecting strong demand in the more affordable apartment segment.
The market has shown remarkable resilience, supported by robust rental growth with unit rents increasing 8.9% over the past year, delivering solid 3.09% yields for investors. Infrastructure improvements, including the Cronulla Plaza redevelopment and transport upgrades, continue to enhance the area’s appeal for both owner-occupiers and investors. The suburb’s demographic evolution remains strong as young professionals and downsizing empty nesters compete for well-appointed apartments close to the beach and retail precinct.
Looking ahead, further interest rate cuts expected in late 2025 should provide additional momentum heading into the traditionally strong spring selling season. Cronulla’s unique position as a lifestyle destination continues to provide insulation from broader market volatility, while chronic housing undersupply across Sydney supports ongoing demand. Investors and owner-occupiers focused on the apartment market will find opportunities as affordability pressures drive buyers toward units, though premium houses in established beachfront locations are expected to maintain their strong value proposition due to their irreplaceable scarcity.
Recent sales
15/22 Ozone Street, Cronulla Sold $3.35m 11/25 The Esplanade, Cronulla Sold $2.5m 603/1 Abel Place, Cronulla Sold $1.625m
16/2 Arthur Avenue, Cronulla Sold $2.8m 45 Kirkwood Road, Cronulla Sold $3.715m
Gerrale Street, Cronulla
$1.655m
7C/83 Gerrale Street, Cronulla
$2.25m
Gerrale Street, Cronulla
Cronulla
Top 20 House Sales for Cronulla
Top 20 Apartment Sales for Cronulla
Financial Year Statistics
Testimonials
“Michael understands what sellers need and expecthonesty, transparency, communication and authentic engagement. As first time sellers, and second time buyers, we were loathing this process, but Michael put us at ease immediately. No flashy brochures and sky high promises. He asked what we wanted, he told us what was possible, and we worked together to deliver a stellar outcome.”
- Vendor
“Michael and his team were amazing to deal with selling our tenanted unit while we are living out of state. Even taking time out of his family holiday to meet in person to discuss marketing strategies. Michael handled everything between current tenants with different real estate agency and new buyers making the whole experience pretty much stress free. Would highly recommend to anyone thinking of selling.”
- Vendor
“Would highly recommend!! Michael made selling our property very smooth. He is friendly and to the point. We are very happy with the result and would recommend him to anyone wanting to sell their property!!”
- Vendor
