Cremorne (Vic.)

Cremorne lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

The population of the Cremorne (Vic.) statistical area (Lv2) was estimated at approximately 2,614 as of November 2025. This figure represents an increase of 456 people since the 2021 Census, which reported a population of 2,158. The change is inferred from AreaSearch's estimation of the resident population at 2,592 in June 2024, along with the validation of 84 new addresses since the Census date. This results in a population density ratio of 3,844 persons per square kilometer, placing Cremorne (Vic.) in the top 10% of national locations assessed by AreaSearch. The area's growth rate of 21.1% since the 2021 census exceeds both the national average of 9.7% and the state average. Overseas migration contributed approximately 81.0% of overall population gains during recent periods, driving this growth.

AreaSearch's projections for Cremorne (Vic.) are based on ABS/Geoscience Australia figures released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses the VIC State Government's Regional/LGA projections from 2023, adjusted via weighted aggregation to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, the Cremorne (Vic.) area is forecasted to experience significant population growth, with an increase of 775 persons expected by 2041, reflecting a total gain of 19.2% over the 17-year period.

AreaSearch analysis of residential development drivers sees Cremorne recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers shows Cremorne has had around 22 dwelling approvals per year. Between FY-21 and FY-25, approximately 113 homes were approved, with another 5 in FY-26 so far. On average, each new home attracts 0.1 new residents annually over the past five financial years.

This suggests that new construction is meeting or exceeding demand, providing more housing options and potentially driving population growth beyond current projections. The average expected construction cost of new dwellings is $1,035,000, indicating developers are targeting the premium market segment. In FY-26, Cremorne has recorded $136.3 million in commercial development approvals, reflecting strong local business investment. Compared to Greater Melbourne, Cremorne has seen 39.0% more development per person over the past five years, maintaining good buyer choice while supporting existing property values.

Of new dwellings, 12.0% are detached houses and 88.0% are attached, promoting higher-density living and creating affordable entry points for downsizers, investors, and first-home buyers. There are approximately 70 people per dwelling approval in Cremorne, indicating an expanding market. According to the latest AreaSearch quarterly estimate, Cremorne is projected to grow by 501 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing favorable conditions for buyers and potentially supporting growth beyond current population projections.

Cremorne has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 26 projects likely to influence the area. Notable ones include Matchworks at 560 Church Street, Cremorne; the 587-593 Church Street Hotel Development; the 475-481 Church Street Mixed-Use Development; and Bridge + Palmer at 609 Bridge Road. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Cremorne performing better than 85% of local markets assessed across Australia

Cremorne has a highly educated workforce with strong representation in professional services. The unemployment rate was 2.6% as of September 2025, which is lower than Greater Melbourne's rate of 4.7%.

Employment growth over the past year was estimated at 4.4%. As of September 2025, 1,884 residents were in work and the unemployment rate was 2.0% below Greater Melbourne's rate. Workforce participation was higher than standard, at 84.6%, compared to Greater Melbourne's 64.1%. Leading employment industries among residents comprised professional & technical services, health care & social assistance, and construction.

The area showed strong specialization in professional & technical services with an employment share of 2.2 times the regional level. In contrast, health care & social assistance employed just 10.7% of local workers compared to Greater Melbourne's 14.2%. There were 3.3 workers for every resident as at the Census, indicating that Cremorne functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. During the year to September 2025, employment levels increased by 4.4% and labour force increased by 4.7%, causing the unemployment rate to rise by 0.4 percentage points. This compares to Greater Melbourne where employment grew by 3.0%, labour force expanded by 3.3%, and unemployment rose by 0.3 percentage points. State-level data from VIC as of 25-Nov shows employment growth year-on-year was 1.13% (adding 41,950 jobs), with the state unemployment rate at 4.7%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Cremorne's employment should increase by 7.3% over five years and 14.5% over ten years based on industry-specific projections applied to Cremorne's employment mix.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

The suburb of Cremorne had a median taxpayer income of $84,641 and an average income of $113,042 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This is notably high compared to Greater Melbourne's median income of $57,688 and average income of $75,164 during the same period. By September 2025, estimated incomes would be approximately $91,624 (median) and $122,368 (average), based on an 8.25% growth in wages since financial year 2023. Census data from 2021 shows that household, family, and personal incomes in Cremorne all rank highly nationally, between the 96th and 98th percentiles. The earnings profile indicates that 31.9% of locals (833 people) fall into the $4000+ category, unlike the metropolitan region where the $1,500 - 2,999 category is predominant at 32.8%. A significant 49.0% of residents earn above $3,000 weekly. Housing accounts for 15.0% of income, and strong earnings place residents within the 96th percentile for disposable income. The area's SEIFA income ranking places it in the 10th decile.

Cremorne features a more urban dwelling mix with significant apartment living, with ownership patterns similar to the broader region

Cremorne's dwelling structure, as recorded in the latest Census, consisted of 11.4% houses and 88.5% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 12.8% houses and 87.2% other dwellings. Home ownership in Cremorne stood at 18.0%, with mortgaged dwellings at 31.6% and rented ones at 50.4%. The median monthly mortgage repayment was $2,300, lower than Melbourne metro's average of $2,326. Median weekly rent in Cremorne was $550, higher than Melbourne metro's figure of $451. Nationally, Cremorne's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Cremorne features high concentrations of group households and lone person households, with a fairly typical median household size

Family households account for 52.3% of all households, including 14.1% that are couples with children, 33.9% that are couples without children, and 3.2% that are single parent families. Non-family households make up the remaining 47.7%, with lone person households at 33.6% and group households comprising 14.0%. The median household size is 2.0 people, which matches the Greater Melbourne average.

Educational achievement in Cremorne places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Cremorne's educational attainment exceeds broader standards. Among residents aged 15+, 63.0% hold university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are most prevalent at 42.9%, followed by postgraduate qualifications (15.3%) and graduate diplomas (4.8%). Vocational pathways comprise 18.5%, with advanced diplomas at 8.7% and certificates at 9.8%.

Notably, 22.3% of the population are actively pursuing formal education: 9.3% in tertiary, 4.4% in primary, and 3.7% in secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis indicates ten active public transport stops operating within Cremorne. These comprise a mix of train and light rail services. Seven unique routes serve these stops, collectively facilitating 4,515 weekly passenger trips.

Transport accessibility is rated good, with residents typically located 222 meters from the nearest stop. Service frequency averages 645 trips per day across all routes, equating to approximately 451 weekly trips per individual stop.

Cremorne's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Cremorne exhibits exceptional health outcomes across all age groups, with a very low prevalence of common health conditions. Private health cover stands at approximately 71% of the total population (1,862 people), surpassing the national average of 55.7%.

The most prevalent medical conditions are asthma and mental health issues, affecting 9.6% and 9.5% of residents respectively. A significant majority, 74.5%, report being completely free from medical ailments, compared to Greater Melbourne's 70.6%. Cremorne has a lower proportion of seniors aged 65 and over at 7.2% (188 people), compared to Greater Melbourne's 12.1%. Despite this, health outcomes among seniors are notably strong and align with the overall population's health profile.

The level of cultural diversity witnessed in Cremorne was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Cremorne's population showed higher than average cultural diversity, with 11.4% speaking a language other than English at home and 26.3% born overseas. Christianity was the predominant religion in Cremorne, accounting for 29.5%. Notably, Judaism was overrepresented, comprising 0.6% compared to Greater Melbourne's 0.8%.

The top three ancestry groups were English (26.2%), Australian (21.2%), and Irish (11.6%). Significant differences existed in the representation of certain ethnicities: French (1.1% vs regional 0.8%), New Zealand (1.2% vs 0.7%), and Russian (0.6% vs 0.4%) were notably higher than average.

Cremorne hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Cremorne's median age is 32 years, which is notably younger than Greater Melbourne's average of 37 and the national average of 38. Compared to Greater Melbourne, Cremorne has a higher proportion of residents aged 25-34 (38.5%), but fewer residents aged 5-14 (4.8%). This concentration of 25-34-year-olds is significantly higher than the national average of 14.5%. According to post-2021 Census data, Cremorne's population has shifted; the proportion of residents aged 25-34 has increased from 37.7% to 38.5%, while those aged 45-54 have decreased from 11.0% to 9.8%, and the 35-44 age group has dropped from 17.3% to 16.2%. By 2041, Cremorne's demographic profile is projected to change significantly. The 45-54 age cohort is expected to grow by 56%, adding 142 residents and reaching a total of 399. Conversely, the number of residents aged 15-24 is anticipated to decrease.