Cremorne VIC 3121, Australia
Key points for 1/389 Punt Road.
Also written as Unit 1, 389 Punt Road.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 20 Feb 2024 | $600,000 | — |
| Sale | 5 Oct 2019 | $1 | — |
| Sale | 5 Oct 2019 | $782,000 | — |
| Sale | 16 Feb 2008 | $395,000 | — |
| Sale | 23 Jul 1994 | $144,000 | — |
The unit features two bedrooms and one bathroom, providing compact living space within Cremorne
The unit sits on a land parcel of 1,049 m², offering a generous site for an inner‑city residence
Cremorne is situated about 3 km (approximately 1.9 mi) south‑east of Melbourne’s CBD, placing the property within easy reach of the city centre
Nearby transport includes tram services on Swan and Church Streets, a tram stop at Richmond Station/Swan St (0.2 km away), and Richmond railway station (0.3 km away). The East Richmond train station also lies within the suburb
Within 0.3–0.5 km you’ll find The Corner Hotel, Post Office Hotel, the Nylex Clock, Punt Road Oval, Melbourne Rectangular Stadium, Morell Bridge and the historic Dimmeys building
Cremorne was named after the 19th‑century Cremorne Gardens and has evolved from early farming estates to an industrial hub, now featuring a mix of Victorian cottages, modern townhouses, offices and tech companies
At the 2021 census, Cremorne recorded a population of 2,158 residents
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