Cremorne VIC 3121, Australia
Also written as Unit 6, 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 | 9 May 2018 | $640,000 | — |
The unit features two bedrooms and one bathroom. It is a self‑contained unit within the Cremorne neighbourhood
The property sits on a land parcel of approximately 1,049 m². This provides a generous footprint for a two‑bedroom inner‑city unit
Cremorne lies about 3 km (1.9 mi) south‑east of Melbourne’s CBD, making the location very close to the city centre
Punt Road is a major north–south link with frequent tram services on Swan and Church Streets. The nearby Richmond railway station and East Richmond station provide train access, and tram stops such as Richmond Station/Swan St and Olympic Boulevard are within a few hundred metres
Within 0.5 km you’ll find the 381 Cremorne hotel, Swan Street’s cafés and shops, The Corner Hotel music venue, the historic Post Office Hotel, and the iconic Nylex Clock. Sporting facilities like Punt Road Oval and the Melbourne Rectangular Stadium are also nearby
Cremorne originated as six crown‑land allotments in 1839 and later hosted the mid‑19th‑century Cremorne Gardens. After a period of industrial use, the suburb has transformed since the 1990s into a mixed‑use area with residential, office, and creative precincts, now often dubbed ‘Australian Silicon Valley’
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