SOLD
Sold on 02 Aug 2024 for $635,000

603/1 Railway Place
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 67m2
Land area: 584m2
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Property Details for 603/1 Railway Pl, Cremorne

603/1 Railway Pl, Cremorne is a 2 bedroom, 2 bathroom House and was built in 2016. The property has a land size of 584m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Cremorne in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
67m2
Land Size
584m2
Local Government
Yarra
Lot/Plan
83/PS721535

Property History for 603/1 Railway Pl, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$635,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $635,000
  • 28 Mar 2014
    Sold for $629,800

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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 7 properties listed for sale, and 3 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 86 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.