Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $910,000 | 0.0% | $592,000 | $1,201,000 | 7 |
| 2010 | $730,000 | -24.7% | $695,000 | $861,500 | 5 |
| 2011 | $719,000 | -1.5% | $605,000 | $1,040,000 | 21 |
| 2012 | $702,000 | -2.4% | $601,000 | $1,270,000 | 21 |
| 2013 | $835,000 | +15.9% | $572,000 | $1,545,000 | 19 |
| 2014 | $1,015,000 | +17.7% | $483,000 | $1,015,000 | 2 |
| 2015 | - | - | - | - | - |
| 2016 | - | - | - | - | - |
| 2017 | - | - | - | - | - |
| 2018 | $1,200,000 | +15.4% | $1,200,000 | $1,200,000 | 1 |
| 2019 | $1,165,000 | -3.0% | $986,000 | $1,165,000 | 2 |
| 2020 | $1,186,500 | +1.8% | $1,110,000 | $1,186,500 | 3 |
| 2021 | - | - | - | - | - |
| 2022 | $1,850,000 | +35.9% | $1,400,000 | $1,850,000 | 2 |
| 2023 | $1,330,000 | -39.1% | $1,182,000 | $1,555,000 | 7 |
| 2024 | - | - | - | - | - |
Median Sale Price
$1.33M
Based on 6 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
-5.3%
Current Median Price: $1,330,000
Previous Median Price: $1,400,000
Based on 10 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $895 | 0.0% | $610 | $895 | 2 |
| 2012 | $550 | -62.7% | $400 | $600 | 9 |
| 2013 | $570 | +3.5% | $440 | $570 | 2 |
| 2014 | $620 | +8.1% | $455 | $625 | 4 |
| 2015 | $625 | +0.8% | $550 | $625 | 2 |
| 2016 | $580 | -7.8% | $470 | $995 | 19 |
| 2017 | $650 | +10.8% | $445 | $2,500 | 14 |
| 2018 | $795 | +18.2% | $425 | $1,800 | 12 |
| 2019 | $730 | -8.9% | $410 | $2,500 | 26 |
| 2020 | $650 | -12.3% | $400 | $1,800 | 30 |
| 2021 | $615 | -5.7% | $350 | $1,800 | 29 |
| 2022 | $680 | +9.6% | $360 | $1,380 | 37 |
| 2023 | $800 | +15.0% | $450 | $1,700 | 30 |
| 2024 | $800 | 0.0% | $700 | $1,100 | 6 |
Median Rent Price
$800
per week
Based on 27 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+15.6%
Current Median Rent: $800
Previous Median Rent: $675
Based on 58 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,330,000
Current Median rent: $800
Based on 33 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Cremorne
Houses sold in Last 12 months ends 20 Apr 2024
$1.56M
Median Sale Price
80%
Clearance Rate
4/5
Sold/Reported
$1.56M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M (Median Price Range) | 1 | |
| $1.2 M - $1.4 M | 1 | |
Similar Suburbs to Cremorne 3121
Based on median house sale price sold in last 12 months
Schools closest to Cremorne, VIC 3121
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Melbourne Girls' Grammar School - an Anglican SchoolTop 20 | 82 ANDERSON STSouth Yarra 3141 | Combined | Independent | 0.71 km |
| Melbourne High SchoolTop 5 | FORREST HILLSouth Yarra 3141 | Secondary | Government | 0.95 km |
| Richmond Primary School | 85 BRIGHTON STREETRichmond 3121 | Primary | Government | 0.82 km |
| Christ Church Grammar SchoolTop 50 | 677 PUNT RDSouth Yarra 3141 | Primary | Independent | 1.36 km |
| Richmond West Primary School | 25 LENNOX STREETRichmond 3121 | Primary | Government | 1.58 km |
| South Yarra Primary School | 601 PUNT ROADSouth Yarra 3141 | Primary | Government | 1.7 km |
| Lynall Hall Community School | CNR GLEADELL & HIGHETT STREETRichmond 3121 | Secondary | Government | 1.57 km |
| Melbourne Grammar School | DOMAIN ROADMelbourne 3004 | Combined | Independent | 1.64 km |
| Abbotsford Primary School | LITHGOW STREETAbbotsford 3067 | Primary | Government | 2.05 km |
| Yarra Primary School | DAVISON STREETRichmond 3121 | Primary | Government | 2 km |