Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Cremorne › Gough St

1 Gough St, Cremorne VIC 3121

House

$3,600,000

Last sold

21 Feb 2026

4

Bedrooms

3

Bathrooms

4

Car spaces

421 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $3,600,000 (21 Feb 2026).(Recorded sale)
  • FactLand 421 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cremorne (last 5 years) with land size: median $6,215/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 (NRZ1) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactLAND SUBJECT TO INUNDATION OVERLAY intersects 4.7% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2LAND SUBJECT TO INUNDATION OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$3,600,000

21 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Cremorne (last 5 years) with land size have a median of $6,215/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Cremorne at a glance

2,545

People

No data

Median sale

$713/wk

Median rent

No data

Suburb gross yield

See the full Cremorne report →

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1

NRZ1

Jurisdiction

Yarra

Yarra, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 143748

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 4.7% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$3,600,00021 Feb 2026
  2. Listedprice unknowncompleted24 Dec 2025
  3. Listedprice unknowncompleted24 Dec 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 422 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

4.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $713/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 422 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Knownmedium

    4.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cremorne in one glance

Cremorne at a glance

2,545

People

No data

Median sale

$713/wk

Median rent

No data

Suburb gross yield

See the full Cremorne report →

Keep researching

  • Why Cremorne? Read the area thesis →
  • What else is on the market in Cremorne →
  • Other records on Gough St →

Listing material

Listed by Belle Property Brighton

An architecural masterpiece, designed with integrity, built to live in

SOLD BY SAM INAN

From the street, a composed brick façade gives little away. Step inside and the experience changes completely. This is an architect-designed family home shaped by intent rather than trend. Softly contoured forms guide you through the interior, creating a sense of movement and flow that feels intelligent and quietly luxurious. It is visually striking without being loud. Interesting without trying too hard. Exactly right for its Cremorne address.

The entry opens into a vast living and dining room where scale, light and texture work together beautifully. Chevron parquetry floors set the tone, while sculpted walls and gently arched bulkheads introduce depth and visual rhythm. The kitchen is a centrepiece, finished in timber and grey cabinetry with stone benchtops and splashbacks that feel both refined and robust.

Read the full description

The main bedroom is positioned downstairs, offering privacy and ease. A walk-in robe and ensuite bathroom deliver hotel-level comfort, while a separate study or library sits quietly to the side, ideal for working from home without intrusion. Outside, the residence continues to impress. A landscaped garden wraps around a plunge pool and entertaining gazebo, creating a relaxed outdoor zone. It is easy to imagine long afternoons here, doors open, the city close but completely out of mind.

Upstairs is a dedicated children's level, anchored by a generous rumpus room and three bedrooms with built-in robes. The central bathroom includes both bath and shower, finished with the same quality seen throughout the interior. A powder room, full laundry and the rare advantage of garaging for four cars complete the appeal.

Positioned moments from Melbourne Boys and Girls Grammar Schools, Richmond High School and Primary School, Swan Street cafés, bars and breweries, Richmond Station, the MCG, tennis precinct and the Yarra, this is a location that rewards an active lifestyle and a home that rises to meet it.

All information provided, including floorplans, room dimensions, and land size, is indicative only and intended for general guidance. Belle Property does not guarantee the accuracy or completeness of any plans, illustrations, or representations shown in marketing materials. We recommend that all prospective buyers conduct their own research, seek independent advice, and confirm all details independently prior to making any property-related decisions. Belle Property accepts no responsibility for any discrepancies or misstatements.

Listing description written by Sam Inan, Belle Property Brighton — reproduced as published, not verified by Districts.

Property features

  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.