Average rent in Richmond (South) - Cremorne, VIC — 2026

Richmond (South) - Cremorne sits in the Yarra local government area, 4km from the Melbourne CBD, with a population of around 17,671 at the most recent ABS Census (2021). The typical renter pays $508/week — above the Victoria state median of $363/week. 49% of households rent, and the rest own outright or are paying off a mortgage.

$508/wk

ABS 2021 Census median

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Suburb at a glance

Population
17,671

ABS 2021

Median age
33
Distance to Melbourne
4 km
Households renting
49%
Separate houses
19%
Flats / apartments
40%
Born overseas
24%
Top occupation
Professionals
LGA
Yarra

Renting in Richmond (South) - Cremorne

Renting in Richmond (South) - Cremorne costs more than most of Victoria — the typical renter pays $508/week, which is 40% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (49%) living mostly in flats and apartments (40%), which fits the inner-Melbourne pattern. About 24% of residents were born overseas, and Professionals is the biggest occupation category. Richmond (South) - Cremorne is 4km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.

Frequently asked questions

What's the median rent in Richmond (South) - Cremorne?+
Based on ABS Census 2021 data, the median weekly rent for households in Richmond (South) - Cremorne, VIC was $508. Where renters have submitted recent reports through RenterSay, the live figure shown above reflects post-2021 changes. State rent indices like CoreLogic and Domain suggest the 2021 baseline is now several years stale — treat it as the historical anchor, not the current asking price.
How does Richmond (South) - Cremorne rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Richmond (South) - Cremorne came in at $508 — 40% above. Richmond (South) - Cremorne sits 4km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 19% separate houses and 40% flats).
Which suburbs near Richmond (South) - Cremorne have lower rent?+
A few nearby suburbs come in cheaper than Richmond (South) - Cremorne's $508/week (ABS 2021): Braeside, Kew - South, Glen Waverley - East. On the higher end, you've got Aspendale Gardens - Waterways, Mount Eliza, Templestowe. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

Nearby suburbs in VIC

Tarneit - Central

$380/wk

Beaumaris

$612/wk

Brighton East

$602/wk

Brighton (Vic.)

$600/wk

Port Melbourne Industrial

$585/wk

Balwyn North

$554/wk

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