Cremorne at a glance
2,545
People
No data
Median sale
$713/wk
Median rent
No data
Suburb gross yield
VIC › Cremorne › Melrose St
$1,291,000
Last sold
2 Apr 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,291,000
2 Apr 2022 · derived via latest_sale
Cremorne at a glance
2,545
People
No data
Median sale
$713/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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.
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
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cremorne at a glance
2,545
People
No data
Median sale
$713/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Belle Property RichmondContemporary cool exterior clad in mixed materials hints at what lies inside this unique two-bedroom property split over two levels. Once you pass through the secure, private entrance you are met with an inspiring interior that sets a chic, industrial tone throughout with high ceilings, concrete rendered walls, a striking timber staircase, a sleek Jetmaster fireplace and timber flooring. Urban industrial elements blend beautifully with total functionality across both levels. On the lower level the free-flowing layout includes a large, welcoming living room anchored by an impressive fireplace, a centrally located kitchen fitted with a cool stainless-steel benchtop, splash back and appliances and a spacious dining area with views to the oasis-like courtyard. Oversized glass doors to the courtyard, allow plenty of light to flood in and a second, intimate outdoor space with a cute fishpond could be a nice spot for a quiet coffee in the mornings. A handy tiled and mirrored guest toilet with laundry facilities is also on the lower level.
Upstairs you’ll find two good sized bedrooms, both with timber floors, ample wardrobes and one with a cute balcony. The stylish bathroom has lovely aqua mosaic tiles, a large shower and a separate marble-edged bath for a dreamy soak at the end of the day. Additional space on the wide landing easily accommodates a study or a home office, this spot also affords rooftop and sky views and a dramatic aspect to the level below. Split system air conditioners, ducted heating, timber blinds and off-street parking via rear lane with roller door complete this striking urban residence.
Cremorne happens to be one of Melbourne’s oldest, smallest and coolest suburbs, bounded by Swan and Church Streets, the Yarra River and Punt Rd. This means you’re a hop and a skip from the Botanic Gardens, the Main Yarra Trail and world class sporting and entertainment arenas. Vibrant Swan St shopping and dining precinct is on your doorstep as well as numerous little tucked-away cafes, art galleries and cool bars. Centrally located near several transport options, moments to the CBD and easy freeway access. This property must be inspected, it’s an idyllic inner-city residence offering instant appeal, livability and an easy, low-maintenance lifestyle.
Listing description written by Daniel Atsis, Belle Property Richmond — reproduced as published, not verified by Districts.