Cremorne vs South Yarra.
Comparing two suburbs with median house prices of $1,187,500 and $2,100,000. Cremorne edges out on more headline metrics in this comparison.
Cremorne (median $1,187,500) is roughly 43% cheaper to buy into than South Yarra ($2,100,000).
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
Cremorne offers the higher gross rental yield (1.97% vs 1.54%), favouring cash-flow investors.
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.
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.
Which suburb has higher rental yield, Cremorne or South Yarra?
Gross rental yield on houses is 1.97% in Cremorne vs 1.54% in South Yarra. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Cremorne against another suburb