505/1 Railway PlaceCremorne VIC 3121
Property Details for 505/1 Railway Pl, Cremorne
505/1 Railway Pl, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 584m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (November 2016)
Think you know what a green building looks like?
THINK AGAIN!
This remarkable, one of a kind development is an outstanding response to the sustainable building imperative taking hold across the country. Astute owner occupiers and investors now have the opportunity to make their smartest decision yet.
Offering spacious, New York loft-style, 1 and 2 Bedroom apartments interlocked over 9 levels, a Caf at your door, self-sustaining skypark and rooftop garden life is good. Add to the mix a development that offers unprecedented energy ratings for cleaner, cheaper and healthier living at every corner of your space and you can see the benefits stack up.
Not enough? How about everything located at your door?
This outstanding development is ideally located in Richmond on the inner fringe of Melbourne s growing commercial core, just minutes to the CBD, and Melbourne s famous Sports and Entertainment precinct. You really are front and centre of the action.
To arrange a private inspection please call
Julian Millman - 0412 713 121
Andrew Oscari - 0413 522 111
Property History for 505/1 Railway Pl, Cremorne, VIC 3121
- 28 Sep 2016Sold for $599,000
- 16 Sep 2016Listed for Sale $649,000 Private Sale
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0About 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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