94 Balmain Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
 
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94 Balmain Street
Cremorne VIC 3121

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Bathrooms: -
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Land area: 238m2
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Property Details for 94 Balmain St, Cremorne

Building Type
Land
Land Size
238m2
Local Government
Yarra
Lot/Plan
1/TP535465

Last Listing description (June 2019)

Colliers International are pleased to offer 94 Balmain Street, Cremorne for sale by Public Auction Friday 21st June 2019 at 1pm on-site.

Key investment highlights include:

Prominent corner land parcel of 236m*

Commercial 2 Zoning provides significant opportunity for future high-density development (STCA)

Existing improvements allow quality for refurbishment to suit an owner occupier or investors

Short term income with a lease expiry of October 2019 allows access for refurbishment/re-development (STCA)

Current vacancy rate of 4% provides a strong foundation for any investor or developer

High profile corner of Balmain/Chestnut Street with over 35 metres of street frontage

Located in the heart of the well-known and ever popular suburb of Cremorne with ease of access to the Melbourne CBD, major road arterials and public transport including Richmond and East Richmond Train Station and Church Street trams

Close proximity to tremendous Richmond lifestyle amenity including Swan Street & Church Street Retail, Yarra River Trails and Melbournes Sporting Precinct

Home to some of Australias most successful and entrepreneurial businesses including Carsales, REA, Disney and recently announced Seek and MYOB to name a few the tech hub of Melbourne

For further information please contact the exclusive selling agents at Colliers International.

*approx

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Property History for 94 Balmain St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$3,215,000
21 Jun 2019
  • 21 Jun 2019
    Sold for $3,215,000
  • 17 May 2019
    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 2,318 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.

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© Copyright 2025. 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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