Market snapshot
Suburb insights for Cremorne3121
Change suburbCremorne is located 2 km south-east of the CBD and bounded by the Yarra River in the south. The suburb is well served by the nearby East Richmond Railway Station. Cremorne features Charles Evans Reserve.
Sales data
Median sale price
$1.2mil
Annual price change
-6.2%
Metro Melbourne Comparison
$895k
-2.3%
| Bedrooms | Cremorne | Metro comparison |
|---|---|---|
| 2 | $1,196,500 | $888,000 |
| 3 | - | $807,000 |
| 4 | - | $950,000 |
| Insight | Cremorne | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 43 |
Rental data
Median weekly rent
$750
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cremorne | Metro comparison |
|---|---|---|
| 2 | $750 | $575 |
| 3 | - | $550 |
| 4 | - | $600 |
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