FOR SALE
Private Sale $550,000-$600,000

402/1 Railway Place
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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MODERN LUXURY IN THE HEART OF RICHMOND

Sophisticated Fourth-Floor Apartment with Sweeping North-Facing Views.
- Idyllic inner-city lifestyle in the award-winning Green Edge building
- Two double bedrooms with mirrored robes
- Stylish main bathroom includes a Euro laundry
- Open-plan living/meals area including kitchen with stone top benches, soft-close drawers, and mirrored splashback, along with Fisher & Paykel appliances
- Intelligent design and first-class features, including double glazing
- Welcoming timber floors and large expanses of glass create a veritable haven
- Access to a spacious rooftop garden with breathtaking views of Melbourne, complete with a BBQ area and ample seating
- Sweeping north-facing views over Swan Street and Richmond Hill flood the space with natural light
Enjoy instant access to Richmond's best, including trendy restaurants, Royal Botanic Gardens, trams, East Richmond Station, and Melbourne's famous sporting precinct!
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Property Details for 402/1 Railway Pl, Cremorne

402/1 Railway Pl, Cremorne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Biggin & Scott - Richmond.

Building Type
Apartment

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About Cremorne 3121

The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2011 was 1,564 people. By 2016 the population was 2,040 showing a population growth of 30.4% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 50.4% of the homes in Cremorne were owner-occupied compared with 48.9% in 2016.

Cremorne has 2,226 properties. Over the last 5 years, Houses in Cremorne have seen a 8.09% increase in median value, while Units have seen a 1.78% increase. As at 31 August 2024:

  • The median value for Houses in Cremorne is $1,362,111 while the median value for Units is $728,274.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Cremorne.

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Ignacio Rodriguez
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Biggin & Scott - Richmond
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