SOLD
Sold on 21 Jul 2024 for $2,500,000

87 Cubitt Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 185m2
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Property Details for 87 Cubitt St, Cremorne

Building Type
Commercial
Land Size
185m2
Local Government
Yarra
Lot/Plan
12/PS711642

Last Listing description (July 2019)

Area: 227m approx.
High ceiling with exposed trusses, sandblasted brick walls & polished concrete floor
Open plan ground floor plus private first floor space with city views

Includes kitchenette and bathroom amenities
On-site parking
Suitable for a range of uses
Prime Cremorne location with close proximity to Richmond train station, Swan Street cafes, restaurants and surrounded by some of Melbournes most creative and innovative tenants
Available now

Property History for 87 Cubitt St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,500,000
21 Jul 2024
Listed for Rent
04 Jun 2019
  • 21 Jul 2024
    Sold for $2,500,000
  • 02 Apr 2019
    Listed for Rent - Price not available
  • 26 Feb 2019
    Listed for Sale Not Disclosed
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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 2,226 properties. Over the last 5 years, Houses in Cremorne have seen a 8.09% increase in median value, while Units have seen a 1.78% increase. As at 31 August 2024:

  • The median value for Houses in Cremorne is $1,362,111 while the median value for Units is $728,274.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 96 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.