7 Balmain Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

7 Balmain Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 149m2
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Property Details for 7 Balmain St, Cremorne

Building Type
Commercial
Land Size
149m2
Local Government
Yarra
Lot/Plan
1/TP248216

Last Listing description (March 2023)

Teska Carson is pleased to present the opportunity to purchase 7 Balmain Street, Cremorne, for sale by Public Auction on Thursday 2 March 2022 at 12noon on-site.

Key attributes of this offering include:

- Perfectly positioned warehouse and office situated in the heart of Cremorne, Melbourne's most sought after office and lifestyle destination.

- Offered with a monthly tenancy in place, suiting occupiers, investment or development.

- A total site area of 152sqm*.

- Existing improvements comprising ground floor warehouse and first floor office with a combined area of 132sqm.

- Rear access and parking.

- Zoned Commercial 2.

- Benefitting from unrivalled amenity including Swan & Church Streets bustling retail & hospitality precincts and Melbourne's famed sporting arenas.

- Close proximity to all forms of public transport and major arterial routes including Richmond & East Richmond Station, Swan & Church Street trams plus immediate access to Punt Road and Citylink freeway.

For further information or to arrange an inspection, please contact Stephen Speck or Matthew Feld.

Property History for 7 Balmain St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,500,000
02 Mar 2023
  • 02 Mar 2023
    Sold for $1,500,000
  • 27 Jan 2023
    Listed for Sale Contact Agent
  • 22 May 1995
    Sold for $112,000
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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 2,318 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 2 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.