615/154 Cremorne St, Cremorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Price - $609,000
The location of this apartment is truly unbeatable. Melbourne's CBD is renowned for its vibrant culture, world-class dining, high-end shopping, and bustling nightlife.
As you step into this modern and stylish apartment, you'll be greeted by an open and spacious living area bathed in natural light. The contemporary design and high-quality finishes create an atmosphere of sophistication and comfort. The apartment features a well-appointed kitchen with state-of-the-art appliances, sleek cabinetry, and ample storage space, making it a joy to cook and entertain. The apartment also features a full size study or home office area.
The bedroom is generously sized, providing a peaceful retreat for residents or tenants. The apartment also includes a stylishly designed bathroom featuring modern fixtures and finishes, ensuring a luxurious experience for occupants.
Investing in this apartment not only offers the potential for attractive rental returns but also the opportunity for capital growth. Melbourne's property market has shown resilience and strong performance over the years, making it an ideal choice for astute investors looking to secure a valuable asset.
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:
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