Back 306/1 Railway Place
Off Market

306/1 Railway Place

Cremorne VIC 3121

1
1
1
Apartment
Last sold for $430,000
Ignacio RodriguezIgnacio Rodriguez, last sold this property on 17 August 2025 after 17 days on market.

Overview

ENERGY-EFFICIENT LUXURY & EASE

Standing out from the crowd with its cool industrial-chic finishes, this beautifully appointed 1-bedroom apartment is the perfect setting for either a busy or relaxed lifestyle. Offering immense appeal to savvy investors, it will also no doubt capture the hearts of city workers & those seeking a carefree weekender, thanks to its sought-after city-edge position. - Positioned on the third floor of the award-winning Green Edge building – a complex that combines low maintenance luxury and the finest of finishes with gas-free accommodation for supreme energy-efficient living. - Set under exposed concrete ceilings with sophisticated engineered flooring underfoot, the apartment is sleek, stylish and filled with abundant natural light. - Open plan in layout, the living/dining area spills out to a balcony with sweeping urban views, whilst the streamlined gourmet kitchen is fitted with quality appliances and stone benchtops. - Mirrored wardrobes, a built-in desk and ceiling fan are highlights of the carpeted bedroom, which is generous in size and the ideal spot to retreat to after a long day at the office. - The smartly appointed bathroom is finished in timeless neutral tones with matte black fixtures – a European-style laundry is also offered. - Additional standout features include split system heating/cooling, secure intercom entry, parking and storage cage while access to a communal rooftop garden completes a truly impressive package. - Potential rent up to $550 per week. With vibrant Swan Street right at its doorstep, the home is well-serviced by public transport – including trams & East Richmond station, while Melbourne’s fabulous sporting precinct is just 15-minutes on foot. The Royal Botanic Gardens are under 2km away, and the CBD is reachable within minutes of leaving home. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Cremorne over the last 12 months, the estimated median property value of 306/1 Railway Place is $430k.

Median value
$430k
Estimated value range
$380k - $560k
Median days on market
38
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cremorne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 306/1 Railway Place

2025
Sold
$430,000
17 Aug 2025 by Ignacio Rodriguez, of BigginScott Richmond

Happy sellers in Cremorne

85%
85% of sellers in Cremorne reported that their sale price either exceeded or met their price expectations.

Cremorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Cremorne over the last 12 months.

Local market activity for 1 bedroom apartments in Cremorne

In the last 12 months, 13 one-bedroom apartments similar to 306/1 Railway Place, have been sold.

This represents a 16% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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