4. Property Auction Result

2-4 Wellington St, Cremorne VIC 3121

2-4 Wellington St, Cremorne VIC 3121

Development Site 2

Sold $3,400,000 on 9 Jun 2016

Distance To CBD: 2.67 km

Measure Land Size

  • Agency: Woodards

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 188,470

    Mortgage registration fee $108

    Transfer fee $1,362

    Stamp duty on property $187,000
    *based on property value $3,400,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 14,602

    Total interest payable $2,536,557

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $2,720,000 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    1111/154 Cremorne Street 2 $750,000
    202/1 Railway Place 2 $595,000
    92 Wellington Street 2 $1,330,000
    409/154 Cremorne Street 2 $550,000
    1010/154 Cremorne Street 2 $750,000
    1010/154 Cremorne Street 2 $750,000
    1 Adelaide Street 2 $960,000
    32 Wellington Street 2 $1,250,000

    Comparable Rent Properties

    Address Rent Price
    5/18 Kelso St 2 $500 p/w
    607/154 Cremorne Street 2 $695 p/w
    65 Green Street 2 $700 p/w
    8 Gordon St 2 $800 p/w
    50 Wellington St 2 $700 p/w
    39 Dover Street 2 $725 p/w
    1109/154 Cremorne Street 2 $525 p/w
    310/140 Swan St 2 $700 p/w
    Auction History - Cremorne, VIC 3121
    2023 December
    Address Price Result*
    2A Kelso St N/A W 5

    Cremorne, VIC 3121
    (2.99 km to CBD)

    Median House Price

    $1,315,000

    Median Unit Price

    $700,000

    Surrounding Suburbs

    Nearby Train Stations

    0.13 km Richmond Station
    0.73 km East Richmond Station
    1.09 km Jolimont Station

    Nearby Schools

    0.78 km Melbourne Girls' Grammar School - an Anglican School
    1.09 km Melbourne Girls Grammar - Morris Hall
    1.21 km Melbourne High School
    1.08 km Richmond Primary School
    1.4 km Richmond West Primary School
    1.27 km Lynall Hall Community School
    1.27 km Lynall Hall Community School Richmond Campus
    1.57 km Christ Church Grammar School
    1.44 km Melbourne Grammar School
    1.71 km South Yarra Primary School