5 Pearson StreetCremorne VIC 3121
Property Details for 5 Pearson St, Cremorne
5 Pearson St, Cremorne is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 119m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (November 2015)
Renovate, rebuild (stca), or leave as is!
The choice is all yours!
- 2 large separated bedrooms - built in robes
- Sunny kitchen with gas stovetop, breakfast bar and dishwasher
- Low maintenance courtyard garden
- Neat bathroom - bath; Concealed laundry
- Land 8.5 x 12.5m approx; No Heritage Overlay
- Yarra Council Approved Use for Residential and/or Commercial
- Move straight in with scope to add value when desired
Ideal opportunity to enter the housing market positioned in the exclusive Cremorne precinct. Lifestyle position with Swan and Chapel Street's cafes and shopping, Melbourne's Sporting Precinct, transport and CBD moments away
Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.
Property Code: 6772
Property History for 5 Pearson St, Cremorne, VIC 3121
- 20 Jul 2019Sold for $1,200,000
- 17 Oct 2015Sold for $857,500
- 22 Sep 2015Listed for Sale $700,000+
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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.
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