51-57 Cubitt Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

51-57 Cubitt Street
Cremorne VIC 3121

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Property Details for 51-57 Cubitt St, Cremorne

Building Type
Commercial
Local Government
Yarra
Lot/Plan
1/TP514257

Last Listing description (May 2022)

IRREPLACABLE CREMORNE FREEHOLD AND LAND

Teska Carson is pleased to offer 51-57 Cubitt Street, Cremorne for Sale by Expressions of Interest closing Wednesday 4 May 2022 at 3pm.

This irreplaceable freehold and land provides multiple opportunities for developers and occupiers as one of the last remaining undeveloped 1,000sqm+ sites in Melbourne's most sought after office and lifestyle destination.

Key features of the property include:

- Land Area: 1,042 sqm approx.
- Impressive saw-tooth warehouse and office of 880 sqm approx.
- Precedence for multi level development (STCA)
- Frontage of 36.8m to Cubitt Street
- Commercial 2 Zoning
- Scope for short term holding income
- Unrivalled lifestyle amenity with Swan & Church Streets highly popular retail and hospitality precinct within close proximity.
- Walking distance to East Richmond & Richmond Train stations and multiple tram lines, all whilst being within 2.5km to Melbournes CBD.

Please call for further information or to arrange an inspection.

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Property History for 51-57 Cubitt St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$12,000,000
07 May 2022
  • 07 May 2022
    Sold - Price Undisclosed
  • 04 Apr 2022
    Listed for Sale Contact Agent
  • 08 Nov 2011
    Listed for Rent - Price not available
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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, 115 properties were sold in the past 12 months in Cremorne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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