16 Melrose Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

16 Melrose Street
Cremorne VIC 3121

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 298m2
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Property Details for 16 Melrose St, Cremorne

16 Melrose St, Cremorne is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 298m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
House
Year Built
1900
Floor Size
110m2
Land Size
298m2
Local Government
Yarra
Lot/Plan
1/TP950556

Last Listing description (November 2012)

Developers dream - Corner block 304sqm (approx)
Sometimes, seeing the future is easy. This original single level home, its enticing irregular allotment and corner block with second frontage to Gough Street inspire a forward looking strategy in which re-development scope, STCA, would be complemented by the proposed re-modelling of the nearby silos precinct into a vibrant residential and commercial hub. Today's spaces, including up to 3 Bedrooms, separate Living and Dining rooms and a large original Kitchen, lead to north westerly outdoor areas which offer pedestrian and vehicular access from Gough Street. A picture of potential in a convenient pocket adjacent to the river, within easy reach of Richmond station, Swan Street, sporting facilities and the CBD. No heritage overlay.
Land: 304sqm (approx)

Property History for 16 Melrose St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$865,000
13 Sep 2013
  • 13 Sep 2013
    Sold for $865,000
  • 17 Nov 2012
    Sold for $760,000
  • 23 Oct 2012
    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 2016 was 2018 people. By 2021 the population was 2158 showing a population growth of 6.9% 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 2021, 48.30% of the homes in Cremorne were owner-occupied compared with 48.90% in 2016.

Cremorne has 2,319 properties. Over the last 5 years, Houses in Cremorne have seen a 3.99% increase in median value, while Units have seen a 5.20% increase. As at 31 December 2025:

  • The median value for Houses in Cremorne is $1,352,681 while the median value for Units is $714,122.
  • Houses have a median rent of $800 while Units have a median rent of $660.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Cremorne on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.