Cremorne (Vic.)

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Based on analysis of ABS population updates for the broader area, and new addresses validated by Districts since the Census Cremorne's population is estimated at around 2,545 as of May 2026. This reflects an increase of 387 people (17.9%) since the 2021 Census, which reported a population of 2,158 people. The change is inferred from the resident population of 2,542, estimated by Districts following examination of the latest ERP data release by the ABS (June 2025) and an additional 89 validated new addresses since the Census date. This level of population equates to a density ratio of 3,742 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by Districts. Cremorne's 17.9% growth since the 2021 census exceeded the state (9.3%), along with the national average, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 81.0% of overall population gains during recent periods.

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Cremorne boasts a highly educated workforce with professional services holding a strong presence, alongside an unemployment rate of only 2.7% and an estimated employment growth of 5.6% over the previous year, according to Districts aggregation of statistical area data. As of March 2026, 2,117 residents are employed while the local unemployment rate sits at 2.1% below Greater Melbourne's 4.8%, and workforce participation exceeds standard levels at 92.7% compared to Greater Melbourne's 70.2%. Census responses indicate that a substantial 53.6% of residents work from home, although the lingering effects of Covid-19 lockdowns should be taken into account.

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ATO records for the postcode aggregated by Districts indicate that taxpayers in Cremorne earned a median income of $84,641 and an average income of $113,042 during the 2023 financial year. These figures are exceptionally high by national standards, exceeding the Greater Melbourne median of $57,688 and average of $75,164. Adjusting these figures for a 9.62% increase in the Wage Price Index since the 2023 financial year yields estimated earnings of approximately $92,783 for the median and $123,917 for the average as of March 2026. Census data confirms that family, household, and individual earnings in the area are positioned in the top tiers nationally, placing between the 96th and 98th percentiles. Income distributions show that 31.9% of local earners fall into the top bracket of $4000+ weekly, representing 811 residents, which differs from the broader metropolitan area where the - range is most common at . Local economic strength is highlighted by of households earning weekly incomes above supporting high levels of discretionary retail spend. Housing expenses account for of local incomes, leaving residents in the th percentile for disposable funds, and the area ranks in the th decile on the SEIFA index for income.

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The local housing stock at the time of the latest Census consisted of 11.4% standalone houses and 88.5% alternative dwellings including townhouses, semi-detached properties, and apartments, contrasting with metropolitan Melbourne where standalone houses made up 67.9% of stock and alternative dwellings accounted for 32.1%. Home ownership rates in the area lagged behind the metro average, standing at 18.0%, while the remaining properties were held under mortgages (31.6%) or occupied by tenants (50.4%). Median monthly mortgage obligations were significantly higher than the metropolitan average at $2,300, while median weekly rent was recorded at $550, compared to metro averages of $2,000 and $390 respectively. Nationally, local mortgage commitments are higher than the Australian median of $1,863, while weekly rents are also well above the national median of $375.

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Families represent 52.3% of local households, consisting of 14.1% couples with children, 33.9% couples without children, and 3.2% single parent households. The remaining 47.7% are non-family households, which include lone person households at 33.6% and group housing arrangements at 14.0% of the total. The median size of local households is 2.0 residents, which is smaller than the metropolitan average of 2.6.

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Qualifications held by local residents are exceptionally high compared to broader benchmarks, with 63.0% of the population aged 15+ holding a tertiary degree, compared to 30.4% across Australia and 33.4% across VIC. This educational pattern positions the local workforce well for opportunities in knowledge industries. Bachelor degrees are the most common qualification at 42.9%, followed by postgraduate degrees at 15.3% and graduate diplomas at 4.8%. Vocational education accounts for 18.5% of qualifications among residents aged 15+, consisting of advanced diplomas at 8.7% and certificate level qualifications at 9.8%.

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Local transit analysis identifies 10 active public transport stops operating in the area, which consist of lightrail options. These stops are serviced by 7 distinct transit lines, providing a total of 4,515 passenger journeys each week. Public transport accessibility is good, with residents living an average of 222 meters from their nearest transit stop. Given the residential character of the neighborhood, most workers commute out of the area; private vehicles remain the primary travel mode at 52%, while 18% of residents walk to work and 18% travel by train. Household vehicle ownership averages 0.6 cars per dwelling, which is lower than the metropolitan average. A high proportion of residents, 53.6%, worked from home (according to the 2021 Census, which may reflect pandemic-era conditions).

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Local health data shows highly favorable outcomes, with Districts assessments of mortality and chronic disease indicating a low presence of common medical conditions across all age segments. Private health insurance coverage is exceptionally high, with approximately 71% of the population (1,813 people) holding cover, compared to 56.7% in Greater Melbourne and a national average of 55.7%.

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The local population displays moderate levels of cultural diversity, with 11.4% of residents speaking a language other than English in the home and 26.3% born outside Australia. Christianity is the most common religious affiliation, represented by 29.5% of the population. The most distinct relative overrepresentation is found in Judaism, which accounts for 0.6% of residents, compared to 1.0% across Greater Melbourne.

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The median age of residents is 31 years, which is younger than the Greater Melbourne average of 37 and the national median of 38. The suburb of Cremorne (Vic.) has a high concentration of young adults aged 25 - 34, who make up 38.9% of the population, compared to a lower proportion of children aged 5 - 14 at 4.6%. This young adult cohort is significantly larger than the national average of 14.6%. Since 2021, the 25 to 34 age bracket has increased from 37.7% to 38.9% of the population, while the 45 to 54 cohort decreased from 11.0% to 9.4%. Future demographic models suggest the local age profile will change by 2041, with the to age bracket expected to grow by people (), expanding from to residents.

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Cremorne currently has an estimated 78 children under 5 years old, comprising approximately 57 children aged 0-2 and 37 children aged 3-4. This cohort grew by an estimated 26% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 23% by 2041 (to approximately 96 children). Meanwhile the 5-12 cohort currently amounts to 106. While growth has been positive birth rates observed in the area have been moderate, with approximately 10.3 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally. This rate has slowed down slightly in recent years however.