SOLD
Sold on 20 Feb 2024 for $1,000

1/389-393 Punt Road
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Sold By
Daniel Atsis
Belle Property Richmond
Daniel Finlayson
Belle Property Richmond
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Property Details for 1/389-393 Punt Rd, Cremorne

1/389-393 Punt Rd, Cremorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1935. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
1935
Floor Size
80m2
Local Government
Yarra
Lot/Plan
1/PS334223

Last Listing description (May 2024)

An attractive garden entry precedes this ground floor two-bedroom apartment, offering spacious and secure living in a superb city edge location. Refined, elegant and with Art Deco appeal and city outlooks, enjoy the convenience of Richmond living in a charming, well-maintained setting. The large kitchen features Smeg cooking appliances and excellent storage. The two bright bedrooms feature built in robes and are serviced by a stylish central bathroom with Euro laundry. All of this is complemented by high decorative ceilings in the open plan living area, as well as timber floors and even an open fireplace. Positioned steps away from Melbourne's famous sporting precinct with easy city access, in easy reach of Swan Street shops and amenities, Richmond station and Yarra River walking trails. Additional features include a car space and secure entrance.

Property History for 1/389-393 Punt Rd, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,000
20 Feb 2024
Listed for Rent
$550/w
23 May 2022
  • 20 Feb 2024
    Sold for $1,000
  • 25 Oct 2023
    Listed for Sale Not Disclosed
  • 11 May 2022
    Listed for Rent $550 / week
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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 2,227 properties. Over the last 5 years, Houses in Cremorne have seen a -6.55% decrease in median value, while Units have seen a 4.41% increase. As at 30 November 2024:

  • The median value for Houses in Cremorne is $1,266,798 while the median value for Units is $703,379.
  • Houses have a median rent of $763 while Units have a median rent of $645.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.