SOLD
Sold on 16 May 2024 for $539,000

406/163-165 Cremorne Street
Cremorne VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 4410m2
Sold By
Belle Property Richmond
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Property Details for 406/163-165 Cremorne St, Cremorne

406/163-165 Cremorne St, Cremorne is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 4410m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
54m2
Land Size
4410m2
Local Government
Yarra
Lot/Plan
B406/PS523454

Last Listing description (August 2024)

Get wrapped up in the indoor/outdoor lifestyle with this dynamic 1-bedroom 4th floor secure apartment. In the resort style hub of the 'Era' building, this meticulously renovated modern abode features floor to ceiling windows throughout that embrace the morning sun, you will enjoy an open plan featuring a central kitchen with stainless steel appliances including dishwasher, stone bench tops and mirrored splash back that overlooks the light filled living and meals area and leads to the master bedroom that is fully robed with full ensuite.

With a lap pool and gymnasium at your immediate disposal, this lifestyle treat comes complete with reverse cycle air conditioning, video intercom and lift access to a storage cage and secure undercover parking. In this hip and happening pocket surrounded by industrial style cafes, tech companies and fashion houses, a heartbeat to the IGA Local Grocer and a short stroll to thriving pubs and restaurants, trams, Richmond station and the world class Melbourne Park sporting precinct.

Property History for 406/163-165 Cremorne St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$539,000
16 May 2024
Listed for Rent
$425/w
02 Jan 2020
  • 16 May 2024
    Sold for $539,000
  • 26 Apr 2024
    Listed for Sale Not Disclosed
  • 21 Feb 2022
    Sold for $463,000
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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 2,173 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 6 properties listed for sale, and 5 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 88 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.