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

As of February 2026, the estimated population of the suburb of Cremorne (Vic.) is around 2,615. This figure represents a growth of 457 people since the 2021 Census, which reported a population of 2,158. The current resident population estimate of 2,592, as calculated by AreaSearch following examination of ABS's latest ERP data release in June 2024, along with an additional 95 validated new addresses since the Census date, indicates this growth. This results in a population density ratio of 3,845 persons per square kilometer, placing Cremorne in the upper quartile relative to national locations assessed by AreaSearch. The suburb's population growth rate of 21.2% since the 2021 census exceeds both the national average (9.9%) and the state average, positioning it as a growth leader in the region. Overseas migration contributed approximately 81.0% of overall population gains during recent periods, driving Cremorne's population growth.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, and utilises VIC State Government's Regional/LGA projections released in 2023 for areas not covered by the former data, adjusting with a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, a significant population increase in the top quartile of statistical areas is forecasted nationally, with Cremorne expected to grow by 890 persons to 2041, reflecting an overall increase of 33.1% 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

Cremorne recorded approximately 23 residential properties approved annually. Between FY-21 and FY-25, around 117 homes were granted approval, with a further 5 approved in FY-26. On average, 0.1 person moved to the area per dwelling built over these years.

This suggests supply is meeting or exceeding demand, offering more buyer choices while supporting potential population growth. The average construction value of new properties was $1,035,000, indicating a focus on premium market segments. In FY-26, Cremorne saw $136.3 million in commercial development approvals, suggesting strong local business investment. Compared to Greater Melbourne, Cremorne's construction activity is 39.0% higher per person over the past five years.

New building activity comprises 12.0% standalone homes and 88.0% townhouses or apartments, offering affordable entry pathways for downsizers, investors, and first-time purchasers. With around 66 people per approval, Cremorne reflects a developing area. By 2041, it is projected to gain 867 residents. Development pace appears reasonable with projected growth, though increasing competition among buyers may arise as the population expands.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 26 projects likely impacting the region. Key initiatives include Matchworks at 560 Church Street, Cremorne; 587-593 Church Street Hotel Development; 475-481 Church Street Mixed-Use Development; and Bridge + Palmer at 609 Bridge Road. The following list details projects of particular relevance.

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

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Cremorne ranks among the top 25% of areas assessed nationally for overall employment performance

Cremorne has a highly educated workforce with professional services well represented. The unemployment rate was 2.7% in the past year, with an estimated employment growth of 4.4%. By December 2025, 1,914 residents were employed, and the unemployment rate was 2.8% lower than Greater Melbourne's rate of 4.8%.

Workforce participation was higher at 81.6%, compared to Greater Melbourne's 71.3%. According to Census responses, 53.6% of residents worked from home. The key industries were professional & technical (2.2 times the regional level), health care & social assistance (10.7%), and construction. There were 3.3 workers per resident as of the Census, indicating Cremorne functions as an employment hub attracting workers from surrounding areas.

Between December 2024 and December 2025, employment levels increased by 4.4%, labour force grew by 4.7%, causing unemployment to rise by 0.3 percentage points. In comparison, Greater Melbourne saw employment rise by 2.4%, labour force grow by 2.8%, and unemployment increase by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Cremorne's employment mix suggests local employment should increase by 7.3% over five years and 14.5% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

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

The suburb of Cremorne has a median taxpayer income of $84,641 and an average income of $113,042 according to the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. Nationally, this is exceptionally high, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $91,624 (median) and $122,368 (average) as of September 2025. Census data reveals that household, family and personal incomes in Cremorne rank highly nationally, between the 96th and 98th percentiles. The income bracket indicating earnings of $4000+ captures 31.9% of the community (834 individuals), differing from patterns across the broader area where the $1,500 - 2,999 band dominates with 32.8%. Economic strength is evident through 49.0% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 15.0% of income while strong earnings rank 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 a higher proportion of rental properties than the broader region

Cremorne's dwelling structure, as per the latest Census, consisted of 11.4% houses and 88.5% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 67.9% houses and 32.1% 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, higher than Melbourne metro's average of $2,000. Median weekly rent in Cremorne was $550, compared to Melbourne metro's $390. Nationally, Cremorne's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

Cremorne features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households constitute 52.3% of all households, including 14.1% couples with children, 33.9% couples without children, and 3.2% single parent families. Non-family households account for 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 is smaller than the Greater Melbourne average of 2.6.

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 is notably higher than national averages. Among residents aged 15 and above, 63.0% have university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most common at 42.9%, followed by postgraduate qualifications (15.3%) and graduate diplomas (4.8%). Vocational pathways account for 18.5% of qualifications, with advanced diplomas at 8.7% and certificates at 9.8%.

A significant 22.3% of Cremorne's population is actively engaged in formal education. This includes 9.3% in tertiary education, 4.4% in primary education, and 3.7% pursuing secondary education.

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

The public transport analysis indicates ten active transport stops operating within Cremorne. These comprise a mix of light rail services. Seven individual routes service these stops, collectively facilitating 4,515 weekly passenger trips. Transport accessibility is rated as good, with residents typically situated 222 meters from the nearest stop. As predominantly residential, most commuters travel outward. Cars remain the primary mode at 52%, while walking and train usage stand at 18% each.

Vehicle ownership averages 0.6 per dwelling, lower than the regional average. Notably, 53.6% of residents work from home (Census 2021; potentially influenced by COVID-19 conditions). Service frequency averages 645 trips daily 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's health outcomes show exceptional results according to AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is exceptionally high at approximately 71% of the total population (1,863 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%.

The most common medical conditions are asthma and mental health issues, affecting 9.6 and 9.5% of residents respectively. A significant 74.5% of residents report being completely clear of medical ailments, compared to Greater Melbourne's 72.6%. Working-age residents have low chronic condition prevalence. Cremorne has 7.5% (196 people) of residents aged 65 and over, lower than Greater Melbourne's 15.1%. Health outcomes among seniors are notably strong, ranking higher than the general population nationally.

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, accounting for 29.5%. Judaism, however, was more prevalent in Cremorne at 0.6%, compared to Greater Melbourne's 1.0%.

In terms of ancestry, the top groups were English (26.2%), Australian (21.2%), and Irish (11.6%). Notably, French (1.1%) and New Zealand (1.2%) ancestry were overrepresented in Cremorne versus regional averages of 0.5% each, with Russian also slightly higher at 0.6%.

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

Cremorne has a median age of 32, which is 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 (38.6%) but fewer residents aged 5-14 (4.6%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Post-2021 Census data shows that the proportion of residents aged 75-84 has increased from 1.9% to 3.0%, while the proportion of those aged 45-54 has decreased from 11.0% to 9.5%. By 2041, demographic modeling suggests Cremorne's age profile will change significantly. The 45-54 age group is projected to grow by 93%, adding 231 residents to reach a total of 480.