About this property
Also written as Unit 1, 58 Wellington Street.
Cremorne VIC 3121, Australia
Also written as Unit 1, 58 Wellington Street.
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 | 25 Oct 2005 | $237,000 | — |
| Sale | 31 Aug 1998 | $117,000 | — |
| Sale | 9 Sep 1993 | $109,000 | — |
The address 1/58 Wellington Street is a unit, forming part of a low‑rise residential building in Cremorne. It contributes to the suburb’s mix of period and modern housing
The unit comprises a single bedroom and one bathroom, suitable for single occupancy or a couple. Its compact layout maximises the available 458 m² land parcel
The property sits on a land parcel of 458 square metres, unusually generous for a unit in an inner‑city suburb. This sizable lot provides potential for outdoor space within the dense urban environment
Richmond railway station, which serves several Metro lines, is only about 0.3 km from the unit, making train travel very convenient. The nearest East Richmond station also lies within the suburb, offering additional rail options
The Richmond Station/Swan St tram stop is roughly 0.2 km away, and the Lennox St/Swan St tram stop is about 0.4 km distant, both providing frequent tram services. These stops give easy access to the city and surrounding neighbourhoods
Within a few hundred metres you’ll find The Corner Hotel (≈0.3 km) and the historic Post Office Hotel (≈0.4 km), both popular dining and entertainment venues. The iconic Nylex Clock, a heritage advertising sign, is also situated about 0.4 km away
Cremorne lies approximately 3 km south‑east of Melbourne’s central business district, offering a short commute to the city centre. Its proximity to major roads and public transport makes it well‑connected despite the inner‑city location
Cremorne is an inner‑city suburb characterised by a chaotic mix of Victorian cottages, modern townhouses, offices and remaining light‑industrial sites. Historically home to factories and the 19th‑century Cremorne Gardens, the area has recently become a hub for tech companies and residential renewal
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