Cremorne vs Melbourne

Melbourne (median $440,000) is roughly 63% cheaper to buy into than Cremorne ($1,187,500).

Buying in Cremorne or Melbourne?

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Selling in Cremorne? The free selling guide

Cremorne and Melbourne side by side

MeasureCremorneMelbourne
Price and market
Median house$1,187,500$440,000
Median unit$670,000$567,500
Renting
Owner occupied–26.0%
Renter occupied–71.0%
Schools
Schools nearby2020
Average ICSEA11121107
Lifestyle and people
Walk score100100
Transit score700
Bike score100100
Population–54,941
Median age–29
Climate
Annual rainfall625 mm625 mm
Mean max, January26.6°C26.6°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Cremorne (1112) sits above Melbourne (1107).

For buyers
Melbourne is the lower entry point at $440,000 median, 63% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Cremorne edges out on average school ICSEA (1112 vs 1107).

Cremorne vs Melbourne: common questions

Is Cremorne or Melbourne cheaper to buy in?

Melbourne has the lower median house price at $440,000, roughly 63% below Cremorne ($1,187,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Cremorne or Melbourne have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Cremorne scores 1112 vs 1107 in Melbourne. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.