106/381 Punt Road

Cremorne VIC 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.