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 reflects an increase of 457 people since the 2021 Census, which reported a population of 2,158. The change was inferred from AreaSearch's estimation of the resident population at 2,592 following examination of the latest ERP data release by the ABS in June 2024 and an additional 95 validated new addresses since the Census date. This level of population results in a 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 21.2% growth since the 2021 census exceeded both the national average (9.9%) and the state average, marking it as a significant growth leader in the region. Population growth was primarily driven by overseas migration, contributing approximately 81.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Looking ahead, significant population increases are forecasted for the top quartile of statistical areas across the nation, with Cremorne expected to grow by 784 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 19.4% in total over the 17 years.

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, allocated from statistical area data, shows Cremorne recorded around 22 residential properties granted approval annually. Over the past five financial years, between FY-21 and FY-25, approximately 113 homes were approved, with a further five approved so far in FY-26. On average, 0.1 people moved to the area per year for each dwelling built over these five years, indicating supply meeting or surpassing demand.

The average construction value of new properties was $1,035,000, suggesting developers targeted the premium market segment with higher-end properties. This financial year, Cremorne recorded $136.3 million in commercial development approvals, reflecting robust local business investment. Compared to Greater Melbourne, Cremorne's construction levels were 39.0% above the regional average per person over the past five years, maintaining good buyer choice while supporting existing property values. New building activity predominantly comprised townhouses or apartments (88.0%), with a smaller proportion of standalone homes (12.0%).

This skew towards compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. Cremorne's population growth is projected to add 508 residents by 2041, based on the latest AreaSearch quarterly estimate. At current development rates, new housing supply should comfortably meet demand, providing good 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 to local infrastructure significantly impact an area's performance. AreaSearch has identified a total of 26 projects likely to affect the area. Notable projects 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 likely to be 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.

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

Cremorne has a highly educated workforce with strong representation in professional services. Its unemployment rate is 2.7%, lower than Greater Melbourne's 4.7%. Employment growth over the past year was estimated at 4.4%.

As of September 2025, 1,889 residents are employed, with an unemployment rate of 1.9% below Greater Melbourne's rate and workforce participation at 81.1%, compared to Greater Melbourne's 71.0%. According to Census responses, 53.6% of residents work from home. Key industries of employment include professional & technical, health care & social assistance, and construction. Cremorne has a high specialization in professional & technical services, with an employment share of 2.2 times the regional level.

However, health care & social assistance employs only 10.7% of local workers, below Greater Melbourne's 14.2%. There are 3.3 workers for every resident, indicating Cremorne functions as an employment hub attracting workers from surrounding areas. Between September 2024 and September 2025, employment levels increased by 4.4%, labour force grew by 4.9%, causing the unemployment rate to rise by 0.4 percentage points. In contrast, Greater Melbourne saw employment rise by 3.0%, labour force grow by 3.3%, and unemployment rise by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest 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. Nationally, these figures are exceptionally high, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. By September 2025, estimated incomes would be approximately $91,624 (median) and $122,368 (average), based on Wage Price Index growth of 8.25% since financial year 2023. Census data shows household, family, and personal incomes in Cremorne rank highly nationally, between the 96th and 98th percentiles. The $4000+ earnings band captures 31.9% of the community (834 individuals), differing from broader area patterns where $1,500 - 2,999 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, and residents rank 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 contrast, 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, exceeding Melbourne metro's average of $2,000. Median weekly rent in Cremorne was $550, higher than Melbourne metro's $390. Nationally, Cremorne's mortgage repayments were significantly higher at $2,300 compared to the Australian average of $1,863, and rents were 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 make up the remaining 47.7%, composed of 33.6% lone person households and 14.0% group households. The median household size is 2.0 people, 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

In Cremorne, 63.0% of residents aged 15+ have university qualifications, exceeding 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%, with advanced diplomas at 8.7% and certificates at 9.8%. A total of 22.3% are actively pursuing formal education, including 9.3% in tertiary, 4.4% in primary, and 3.7% in secondary education.

A substantial 22.3% of the population actively pursues 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

Cremorne has ten operational public transport stops offering a mix of light rail services. These are served by seven distinct routes, facilitating 451 weekly passenger trips per stop collectively. Transport accessibility is considered good, with residents typically situated 222 meters from the nearest transport hub. Primarily residential, most Cremorne residents commute outward. Cars remain the dominant mode of travel at 52%, followed by walking (18%) and train usage (also 18%). Vehicle ownership averages 0.6 per dwelling, below regional norms.

According to the 2021 Census, 53.6% of residents work from home, potentially due to COVID-19 conditions. Service frequency across all routes averages 645 trips daily.

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 based on 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 56.7% in Greater Melbourne and a 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 clear of medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. Cremorne has a lower proportion of seniors aged 65 and over at 7.5% (196 people), compared to 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 above-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 compared to Greater Melbourne, comprising 0.6% versus 1.0%.

The top three ancestry groups were English (26.2%), Australian (21.2%), and Irish (11.6%). These figures were substantially higher than the regional averages of 20.1%, 17.5%, and 6.5% respectively. Other ethnic groups with notable overrepresentation included French (1.1% vs 0.5%) and New Zealand (1.2% vs 0.5%), while Russian was slightly higher at 0.6% versus 0.4%.

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

Cremorne's median age is 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 (38.3%) but fewer residents aged 5-14 (4.7%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. According to post-2021 Census data, Cremorne's population has shifted: the 55-64 age group increased from 8.7% to 9.7%, while the 45-54 cohort declined from 11.0% to 9.7%, and the 35-44 group decreased from 17.3% to 16.2%. By 2041, Cremorne's age profile is projected to change significantly. The 45-54 cohort is expected to grow by 55%, adding 139 residents to reach a total of 393. Meanwhile, the 15-24 age group is projected to grow by only 1%.