Median price trend for houses
Based on 30 sales in the preceding 12 months
$1,240,000
Up 4.7% over 12 months
- 2 bed
- $1.14m
- 3 bed
- $1.4m
- 4 bed
- $2m
Aerial view
Imagery © Esri
The quick read on
Cremorne
VIC 3121 · Yarra
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,240,000
- Median unit
- $672,000
- Population
- 2,158
- Postcode
- 3121
latest suburb median
latest suburb median
ABS 2021
Cremorne, Victoria
Property market insights for Cremorne (Vic.)
Median sale price and rental income of properties in Cremorne (Vic.) VIC
Median rent trend for houses
Based on 47 rental listings in the preceding 12 months
$800 per week
Up 6.7% over 12 months
Market data updated October 2026.
The median house price in Cremorne (Vic.), VIC is currently $1,240,000, based on the latest 12 months of sales. Cremorne (Vic.) has a 12-month growth rate of 4.7% for houses and 4.3% for units.
Two-bedroom houses have a median sale price of $1,140,000, Three-bedroom houses have a median sale price of $1,400,000, Four-bedroom houses have a median sale price of $2,000,000 in Cremorne (Vic.).
If you're looking to lease, the median rent for houses in Cremorne (Vic.) is $800 per week. The median house rent has increased 6.7% over the last 12 months.
The median price of apartments and units for sale in Cremorne (Vic.) is $672,000, which has increased 4.3% since the same time last year. One-bedroom apartments and units have a median sale price of $478,000, Two-bedroom apartments and units have a median sale price of $685,000, Three-bedroom apartments and units have a median sale price of $1,100,000 in Cremorne (Vic.). The median rent for units and apartments in Cremorne (Vic.) is $675 per week and has remained unchanged over the last 12 months.
Crime and safety
Is Cremorne safe?
The overall rate for Cremorne is 23,071 offences per 100,000 residents — 477% above the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Cremorne.
Overall crime rate
23,071
offences per 100,000 residents
477% aboveGreater Melbourne
CremorneGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Cremorne?
Cremorne VIC 3121 is in Victoria, within Greater Melbourne.
2,158 people call Cremorne home, with an average of 2 people per household and a median household income of $2,959 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 2,158
- Median age
- 32 years
- Median mortgage
- $2,300 / month
- 2021 household rent
- $550 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 157.8%Below
15–3448.6%Above
35–5428.3%Above
55–7412.7%Below
75 and over2.5%Below
Homes
Share of occupied private dwellings.
Separate houses11.4%Below
Townhouses44.1%Above
Apartments44.2%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright17.1%Below
Paying a mortgage32.0%Below
Renting51.0%Above
Cars at home
Vehicles available to occupied households.
No car17.6%Above
One car54.3%Above
Two cars22.5%Below
Three or more5.4%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home49.2%Above
Drove to work22.0%Below
Train, tram or bus7.3%Above
Walked or cycled10.1%Above
What stands out in Cremorne
49.2% of workers in Cremorne worked from home on Census day — noticeably more common than across Greater Melbourne.
5.2% of Cremorne residents were born in England, about twice the rate across Greater Melbourne.
62.7% of people in Cremorne described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Cremorne
Open any question for a plain-English reading of the public 2021 Census for Cremorne VIC 3121.
Is Cremorne family-friendly?Age, family structure and household size describe the community families would be joining.
7.8% of Cremorne's residents were children under 15 in the 2021 Census. That is about half the Greater Melbourne rate.
524 family households lived in Cremorne; 26.9% were couple families and 5.5% were one-parent families.
23.1% of local families included children under 15. That is well below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Cremorne?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Cremorne had 2,158 residents at the 2021 Census.
54.9% of residents were aged 25 to 44.
15.2% were 55 or older. That is well below the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Cremorne?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 11.4% of occupied private dwellings in Cremorne.
Townhouses and other attached homes represented 44.1% of occupied private dwellings.
Flats and apartments accounted for 44.2% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Cremorne?Tenure shows how many households own outright, have a mortgage or rent.
17.1% of households with a stated tenure owned their home outright. That is well below the Greater Melbourne average.
32.0% were buying their home with a mortgage.
51.0% rented their home. That is well above the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Cremorne?Household-size data shows the mix behind the suburb-wide average.
The average household in Cremorne had 2.0 people.
One-person households made up 33.9% of occupied homes. That is well above the Greater Melbourne average.
Two-person households represented 41.0%, while 9.3% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Cremorne?Census-day travel shows the balance between home, road, public transport and active travel.
49.2% of workers worked from home on Census day. That is well above the Greater Melbourne average.
22.0% drove a car as their only travel method. That is about half the Greater Melbourne rate.
7.3% used only a train, tram or bus, while 10.1% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Cremorne?Vehicle availability helps describe the routines local households can support.
17.6% of occupied households had no motor vehicle available. That is about twice the Greater Melbourne rate.
One-car households formed 54.3% of the total.
27.9% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Cremorne, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
35.6% were at the same address five years earlier, while 64.4% reported a different address.
25.3% of residents were born outside Australia. That is well below the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Cremorne?Language at home gives a direct view of the community’s everyday linguistic mix.
85.0% of residents used only English at home.
10.9% used a language other than English at home.
0.9% spoke Mandarin at home, 0.1% spoke Cantonese and 0.2% spoke Hindi.
Home language is separate from English proficiency.
Where were Cremorne residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
25.3% of Cremorne's population was born outside Australia, while roughly 74.7% was born in Australia.
0.9% of residents were born in China.
0.5% were born in India, while Australian citizenship across the whole suburb stood at 82.9%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Cremorne?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 37.7% of ancestry responses in Cremorne.
Australian ancestry made up 30.5% of responses.
Chinese ancestry represented 3.8% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Cremorne?Occupation describes a person’s role; industry describes the sector employing them.
44.1% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.
Managers accounted for 22.0% of employed residents, while clerical and administrative workers made up 11.1%.
Health care and social assistance employed 10.4% of workers, and education and training employed 7.5%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Cremorne?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 84.4%, compared with 64.1% across Greater Melbourne.
62.0% of residents aged 15 and over worked full time, while 17.1% worked part time.
Unemployment was 2.1%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Cremorne show?Selected long-term health conditions help describe community service needs.
65.0% reported no selected long-term health condition.
9.7% reported a long-term mental health condition, including depression or anxiety.
9.7% reported asthma, 3.7% arthritis and 1.2% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Cremorne?Qualifications describe the study pathways represented among local residents.
49.2% of people in the qualifications table held a bachelor degree. That is well above the Greater Melbourne average.
Postgraduate degrees accounted for 17.6% of qualification responses.
Diploma-level qualifications represented 10.1%, while certificate-level qualifications represented 11.3%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Cremorne?Census income and household payments give historical context for local living costs.
Median household income was $2,959 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,300.
Occupied renting households reported a median rent of $550 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Cremorne compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 49.2% in Cremorne, compared with 28.8% across Greater Melbourne.
Outright ownership was 17.1% locally and 30.7% across Greater Melbourne. That is well below the Greater Melbourne average.
Renting accounted for 51.0% in Cremorne, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Cremorne (Vic.)
Is Cremorne (Vic.) expensive?
The median house price is $1,240,000, while units and apartments sit at $672,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Cremorne (Vic.) good for families?
The Census counted 524 local families, and 7.8% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Cremorne (Vic.)?
3-bedroom houses have a median around $1,400,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Cremorne (Vic.)
47 streets in Cremorne (Vic.)
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Adelaide St
- Adolph St
- Balmain St
- Bent St
- Blanche St
- Byron St
- Chapel St
- Chestnut St
- Church St
- Cremorne St
- Cubitt St
- Dover St
- Dove St
- Dunn St
- Electric St
- Fitzgibbon St
- George Street
- Gordon Street
Show all 47 streetsShow fewer streets
- Gough Pl
- Gough St
- Green St
- Gwynne St
- Harcourt Pde
- Hill St
- Huckerby St
- Hutchings St
- Jessie St
- Kelso St
- Kipling Mews
- Kipling St
- Melrose St
- Newton Street
- Palmer Pde
- Pearson Street
- Punt Rd
- Railway Cr
- Railway Pl
- Rout St
- Royal Pl
- Shakespeare Pl
- Stephenson Street
- Swan St
- Victoria Ave
- Walnut St
- Wellington St
- White St
- William St
12 suburbs surrounding Cremorne (Vic.)
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Cremorne (Vic.) right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.