Cremorne vs South Yarra

Cremorne (median $1,187,500) is roughly 43% cheaper to buy into than South Yarra ($2,100,000).

Buying in Cremorne or South Yarra?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
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Selling in Cremorne? The free selling guide

Cremorne and South Yarra side by side

MeasureCremorneSouth Yarra
Price and market
Median house$1,187,500$2,100,000
Median unit$670,000$585,000
Renting
House rent–$1100/wk
Unit rent–$700/wk
Owner occupied–36.0%
Renter occupied–62.0%
Schools
Schools nearby2020
Average ICSEA11121112
Lifestyle and people
Walk score100100
Transit score70100
Bike score100100
Population–25,028
Median age–33
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

For buyers
Cremorne is the lower entry point at $1,187,500 median, 43% 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
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Cremorne vs South Yarra: common questions

Is Cremorne or South Yarra cheaper to buy in?

Cremorne has the lower median house price at $1,187,500, roughly 43% below South Yarra ($2,100,000). The gap on units is usually similar but worth checking on the full suburb profiles.