VIC · 3121

Cremorne

Suburb profile, market snapshot and recent listings for Cremorne, VIC 3121.

Cremorne, VIC 3121

About Cremorne

Welcome to Cremorne

Cremorne is an inner-city suburb in Melbourne, Victoria, Australia, 3 km (1.9 mi) south-east of the Melbourne central business district, located within the City of Yarra local government area. Cremorne recorded a population of 2,158 at the 2021 census.

Market snapshot

Cremorne property market

Median price ranks #2,746 of 3,797 suburbs · pricier than 28%
Type

Median sale price

$1.51m

House · 3 bed

Median rent

$950

per week

Gross rental yield

3.3%

annual rent ÷ sale price

Typical price range

Entry

$1.03m

Median

$1.51m

Premium

$2.42m

Days on market

Auction clearance

58%

Sold this year

13

Median sold price trend · House 3 bed

Compound growth -1.1% / yr over 4 yrs

Property types on market

Share of current listings in Cremorne by dwelling type.

Apartment / Unit89%
Townhouse11%

Who lives here

Demographics

ABS Census 2021 figures for Cremorne, VIC 3121.

Population

2,158

residents (2021)

Median age

32

years

Household income

$2,959

median, per week

Median rent

$550

per week

Median mortgage

$2,300

per month

Mortgage / income

18%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Recent results

Recently sold in Cremorne

$790k

913/154 Cremorne Street

apartment2 bd · 1 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Cremorne

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Compare the area

Price map around Cremorne

Every listing for sale near Cremorne, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
CremorneNearby suburbs

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Common questions

Cremorne suburb FAQ

What is the median property price in Cremorne?

The median unit price in Cremorne, VIC is $690k for a 2-bedroom home. Over the past year, median sold prices have risen about 0.1%.

How much is rent in Cremorne?

The median weekly rent in Cremorne is around $775 per week.

Is Cremorne a good place to live?

Cremorne is an inner-city suburb in Melbourne, Victoria, Australia, 3 km (1.9 mi) south-east of the Melbourne central business district, located within the City of Yarra local government area. Cremorne is an established residential suburb in VIC, with a population of around 2,158.

What is the population of Cremorne?

Cremorne has a population of 2,158 (ABS 2021 Census), with a median age of 32.

How long do homes take to sell in Cremorne?

Properties in Cremorne take around 18 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Cremorne?

Entry-level properties in Cremorne start around $600k, while premium homes reach $815k.

What suburbs are near Cremorne?

Suburbs near Cremorne include Richmond, South Yarra, Yarra, Burnley and South Melbourne.