OFF MARKET

11 Balmain Street
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 193m2
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Property Details for 11 Balmain St, Cremorne

11 Balmain St, Cremorne is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 193m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2001.

Building Type
House
Floor Size
78m2
Land Size
193m2
Local Government
Yarra
Lot/Plan
1/TP669049

Last Listing description (August 2023)

Opportunity to keep or develop 172.4sqm (approx.) for residential or commercial use in the heart of Cremorne. With no heritage listing, commercial 2 zoning, and evolving neighbourhood residences, this beautiful cottage home is move in ready whilst plans are developed for its next phase (STCA).
The current generous dwelling comprises 2 bedrooms, 3rd bedroom or study and garden studio, ROW access to rear carport, and sunlit kitchen / living / dining leading to an alfresco low-maintenance courtyard.
A short stroll to bustling Swan Street and Church Street shopping precincts, as well as the Royal Botanic Gardens, MCG, AAMI and Rod Laver Stadiums. With an abundance of public transport including Richmond and East Richmond Stations, city access via Church Street and Swan Street Trams, Punt Road and some of Melbournes best private schools, this opportunity will cater to both families and developers alike looking to create their new lifestyle.

Property History for 11 Balmain St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$235,000
24 Feb 2001
  • 03 May 2023
    Listed for Sale $1,650,000 - Inspect by Private Appointment
  • 24 Feb 2001
    Sold for $235,000

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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 2,175 properties. Over the last 5 years, Houses in Cremorne have seen a -3.17% decrease in median value, while Units have seen a -0.47% decrease. As at 31 October 2024:

  • The median value for Houses in Cremorne is $1,292,028 while the median value for Units is $691,141.
  • Houses have a median rent of $800 while Units have a median rent of $643.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Cremorne.

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