Cremorne Home Renovations And Extensions
Your home is an investment and before you sell your house in Cremorne, you need to carefully consider whether selling is actually the best option. However, you may feel that you have outgrown your house or that your house has become a little outdated. This is when you should consider a renovation or extension rather than moving away from Cremorne.
Depending on the type of home renovation or extension your make, it can significantly increase the value. Kitchen and bathroom remodelling is considered to offer the greatest increase in value. So even if you are thinking of selling your home, it is a good idea to think about renovating or an extension to get a greater return on your investment. That is where Period Extensions & Designs can assist you. With over two decades of experience in home extensions and renovations, we can help you design the house of your dreams right in Cremorne.
Why Choose Cremorne?
Cremorne is just a short 12 minutes drive from Melbourne CBD which allows it to provide the perfect balance between laid-back suburban living and city work and entertainment. It is the ideal setting for both singles as well as young couples who want to start a family. The history of the area combined with modern influences truly offers the best of both worlds to residents.
Distance to
Distance from Melbourne
Cremorne Demographics
Cremorne has a population of about 1,500 people according to the latest census. This is made up of just over 37% independent youth, 21% maturing and established independence and just over 14% established couples and families. Almost 30% of the population are married.
The main occupations of people living in Cremorne are almost 43% professionals, just over 17% managers, nearly 12% clerical and administrative workers, almost 9% technicians and trades workers, around 7% sales workers and just over 7% community and personal service workers.
Just over 18% of homes in Cremorne are fully owned, and nearly 33% are in the process of being purchased by home loan mortgage. The median individual income is around $1,160 per week and the median household income is almost $2,200 per week, while the median mortgage repayment is around $2,500 per month.
Independent Youth
36.7%
No Data Found
Maturing & Established Independence
25.1%
No Data Found
Maturing Couples & Families
14.7%
No Data Found
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Cremorne Lifestyle
Located just north of the Yarra River, Cremorne offers a sense of serenity and convenience. While busy commuters to and from the city of Melbourne may line the streets during the week, weekends are made for relaxing, with the nearby Burnley golf course with walking and cycling paths along the Yarra. Other places of interest include churches, hotels, and shopping spaces including the Victoria Gardens Shopping Centre.
Types Of Homes In Cremorne
Some of the most popular styles of housing in Cremorne are free-standing and semi-detached houses, ranging from modernistic designs to classic period homes that give the area charm and character.
Apartment blocks are springing up in Cremorne due to a greater demand for living space in the area. These apartments are generally modern and art deco in style. Newer homes have a more modern feel. In general, there is a housing type to suit the needs of just about any homeowner in Melbourne.
Cremorne Median House Prices
As mentioned above, your home is an investment and a renovation or extension is going to increase the value of your property. Currently, the median house price for a 4 bedroom house is around $3.5 million.
As we can see, renovating or extending could increase the value and therefore the selling price of your property. Period Extensions & Designs will be happy to sit down and discuss your particular needs and how we can help you bring the best out of your existing home in Cremorne.
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Buy $2,292,500 |
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|---|---|---|
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2BR - |
3BR $1,920,000 |
4BR $2,310,000 |
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Buy $700 PW |
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2BR - |
3BR $650 PW |
4BR $885 PW |
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Buy $826,000 |
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1BR - |
2BR - |
3BR - |
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Buy $390 PW |
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1BR $300 PW |
2BR $420 PW |
3BR - |
Book A Free Consultation Today
One of our experienced designers will contact you to discuss your renovation or extension.