21 Newton Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

21 Newton Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 214m2
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Property Details for 21 Newton St, Cremorne

Building Type
Commercial
Land Size
214m2
Local Government
Yarra
Lot/Plan
1/PS606222

Last Listing description (November 2023)

Morley is pleased to offer 21 Newton Street, Cremorne for sale.

A well appointed and flexible building with exceptional build quality, located in the exclusive southern part of Cremorne, just over the Church Street bridge from South Yarra.

Cremorne is Australia's fastest growing technology precinct with more than 700 businesses and more than 10,000 workers. The precinct is already home to national and international corporations including REA, SEEK, MYOB, REECE, WALT DISNEY, DENTSU, and CARSALES.

21 Newton Street, Cremorne is surrounded by established high-end furniture, lighting, luxe interior/ exterior design companies including Space, Poliform, Living Edge, Dedece, Anibou, Articolo, Inlite and Herman Miller, K.P.D.O, and Robertson's.

"With its central location, concentration of tech and creative industries, the precinct is perfectly positioned to attract investors, businesses and talent"

Established Cremorne office and showroom precinct.
Only 50 metres from Church Street
Modern open plan building with outdoor terraces.
Ample on-site car parking.
Building area 430 sqm approx.
Easily split into two self-contained levels.
Wide Newton Street frontage.
Favourable Commercial 2 zoning.
Vacant possession.
2km from Melbourne CBD.
Ideally suited for owner occupiers or investors.
Easy access to major arterial roads, Citylink, rail and tram services.
Short walk to South Yarra and East/Richmond train stations

Located close by to Church and Swan Streets bustling retail and hospitality hot-spots and Melbourne's world famous sports and entertainment precinct.

Contact agent for price range, inspection details, information memorandum and COS & VS.

Andrew Morley
amorley@morleycommercial.com.au
+61 418 319 443

Property History for 21 Newton St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Transferred
05 Sep 2024
  • 05 Sep 2024
    Transferred
  • 05 Sep 2024
    Transferred
  • 14 Aug 2024
    Transferred
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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.

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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.