Cremorne is Melbourne's Silicon Yarra tech hub — a compact, intensely desirable inner suburb of converted warehouse studios and premium boutique apartments where REA Group, Seek, Reece, and dozens of Australia's highest-profile technology companies have established their headquarters, creating extraordinary demand from high-income technology workers. Cremorne's transformation from industrial riverside to Australia's premier tech precinct since 2015 has produced some of Melbourne's strongest capital growth, with premium warehouse conversions achieving record prices. At the current $1.4m median house price, an 80% loan at 6.25% over 30 years is about $6,896 per month.
| Median house price | $1,400,000 |
|---|---|
| Median unit price | $700,000 |
| Estimated monthly repayment | $6,896 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 4% |
| Typical days on market | 14 |
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