704/1 Railway Place, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

704/1 Railway Place
Cremorne VIC 3121

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 587m2
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Property Details for 704/1 Railway Pl, Cremorne

704/1 Railway Pl, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 587m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
2016
Floor Size
75m2
Land Size
587m2
Local Government
Yarra
Lot/Plan
94/PS721535

Last Listing description (June 2026)

Tucked discreetly just off vibrant Swan Street within the highly regarded Green Edge Building, this sophisticated apartment delivers the ultimate blend of lifestyle, luxury and investment appeal in one of Cremornes most sought-after pockets.
Perfectly suited to both owner-occupiers seeking low-maintenance inner-city living and astute investors chasing strong rental demand, this contemporary residence combines cutting-edge design, impressive energy efficiency and premium resident amenities with sweeping Richmond views.

Inside, the apartment showcases two generously sized double bedrooms with mirrored built-in robes, including a luxurious master suite with sleek ensuite, complemented by a stylish central bathroom. The light-filled open-plan living and dining zone flows seamlessly to a covered winter garden terrace the ideal space for entertaining, relaxing or enjoying the vibrant urban outlook year-round.

The designer stone kitchen is fitted with premium Fisher & Paykel appliances, induction cooking, mirrored splashback and soft-close cabinetry, delivering both style and functionality for modern living.

Additional highlights include:
Split-system heating and cooling for year-round comfort
Engineered timber flooring throughout
Excellent internal storage and discreet Euro laundry
Secure stacker car space plus dedicated storage cage
Secure entry foyer and intercom access
Exclusive residents rooftop garden with spectacular city and Richmond views

Positioned moments from Richmonds best lifestyle attractions, residents will enjoy immediate access to trams, trains and bike paths, while Swan Streets renowned cafes, restaurants, bars and shopping precinct create an unbeatable inner-city lifestyle.
For investors, the location offers enduring tenant appeal with proximity to the CBD, sporting precincts, major employment hubs and leading lifestyle amenities making this an exceptional opportunity to secure a high-performing asset in a blue-chip growth location.
Whether youre looking for a stylish home or a smart investment, this impressive apartment delivers outstanding value, lifestyle and long-term appeal in the heart of Richmond.

Property History for 704/1 Railway Pl, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$599,000
05 Nov 2014
Listed for Rent
$700/w
03 Sep 2023
  • 18 May 2026
    Listed for Sale $630,000 - $690,000
  • 24 Aug 2023
    Listed for Rent $700 / week
  • 05 Nov 2014
    Sold for $599,000
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About Cremorne 3121

The size of Cremorne is approximately 0.7 square kilometres. There are 3 parks, covering nearly 0.5% of the 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 2,338 properties. Over the last 5 years, Houses in Cremorne have seen a -7.05% decrease in median value, while Units have seen a -4.29% decrease. As at 31 May 2026:

  • The median value for Houses in Cremorne is $1,341,615 while the median value for Units is $727,478.
  • Houses have a median rent of $825 while Units have a median rent of $690.
There are currently 2 properties listed for sale, and 6 properties listed for rent in Cremorne on OnTheHouse. According to Cotality's data, 117 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.