49-51 Balmain Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
 
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49-51 Balmain Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 6
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Property Details for 49-51 Balmain St, Cremorne

Building Type
Commercial
Local Government
Yarra
Lot/Plan
1/TP827689

Last Listing description (December 2023)

EXCEPTIONALLY PLACED SHORT TERM WAREHOUSE/SHOWROOM

Teska Carson is pleased to present 49 Balmain Street, Cremorne for lease.

This large warehouse is positioned near the iconic Rosella complex and is surrounded by a range of Melbournes most creative and innovative tenants.

Located within Melbournes hottest commercial precinct, the warehouse benefits from an abundance of entertainment and lifestyle amenities such as popular cafes, bars and restaurants.

Cremorne offers seamless connectivity with major arterial routes like the M1 Freeway, Punt Road, CityLink and an extensive public transportation network. This ensures a hassle-free commute for both employees and customers, making accessibility a breeze.

Key Features:

- Ground Floor: 455m2 approx.
- First Floor: 600m2 approx.
- 6 on-site car spaces
- Short-term lease

Warehouse/showrooms of this size are hard to come by in desirable locations such as Cremorne.

Do not hesitate to contact us for further information or to arrange an inspection.

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Property History for 49-51 Balmain St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
  • 01 Aug 2023
    Listed for Rent - Price not available
  • 21 Mar 1992
    Listed for Sale LOW $600,000S
  • 09 Feb 1991
    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 -1.33% decrease in median value, while Units have seen a 7.14% increase. As at 30 November 2025:

  • The median value for Houses in Cremorne is $1,317,882 while the median value for Units is $714,489.
  • Houses have a median rent of $795 while Units have a median rent of $670.
There are currently 2 properties listed for sale, and 3 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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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