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Back 5 Melrose Street
Off Market

5 Melrose Street

Cremorne VIC 3121

3
1
3
307 m²
House
Trent StewartTrent Stewart, last sold this property on 25 February 2026 after 22 days on market.

Overview

Dual frontage gem awaiting its next chapter

In a locale that’s among inner Melbourne’s most celebrated, this classic Californian Bungalow on a substantial 307m2 represents a rare opportunity to make a mark on history laced Cremorne. Without any heritage overlay to mean a renovation, single new home, or multiple residences are all equally viable (STCA), the home’s timeless façade offers a charming introduction to spaces beyond. A modest interior provides stirring scope to restore and revitalise, with its current layout comprising two generous bedrooms and large living and kitchen/dining rooms, while a standalone bungalow/third bedroom, separate bathroom, full size laundry, shed, garage, and secure parking for four more cars all feature in a sizeable backyard. With wide rear lane frontage broadening the design possibilities of a reimagining or development, the home’s other highlights include high, detailed ceilings, sash and bay windows, and Baltic pine floorboards. Right by the Yarra River, Botanic Gardens, and South Yarra’s Chapel Street, Domain Road, and some Melbourne’s most prestigious schools, it’s only footsteps to thriving local bars and cafés, vibrant Swan and Church Streets, Richmond Station, numerous trams, the Melbourne Park precinct, and MCG.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
307 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cremorne over the last 12 months, the estimated median property value of 5 Melrose Street is $1.4m.

Median value
$1.4m
Estimated value range
$940k - $2.63m
Median days on market
25
Estimated value trend
-6%
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 5 Melrose Street

2026
Sold
Undisclosed
25 Feb 2026 by Trent Stewart, of Jellis Craig 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 3 bedroom houses in Cremorne

In the last 12 months, 7 three-bedroom houses similar to 5 Melrose Street, have been sold.

This represents a 39% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cremorne

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Alfie Moloney

Alfie Moloney is a recommended agent for Cremorne.  They have collected 2 local reviews across the last 12 months.

  •   4   (1 review)
  •  2 Reviews in Cremorne
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Luke Saville

Luke Saville is an award winning recommended agent for Cremorne.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (38 reviews)
  •  1 Review in Cremorne
  •  2 Sales in Cremorne
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Domenic Zanellini

Sellers who recommend Domenic Zanellini have praised them for being clear communication, well-prepared, patient, supportive, attentive, easy to work with and local expert

  •   4.9   (34 reviews)
  •  1 Review in Cremorne
  •  1 Sale in Cremorne
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Rohan White

Rohan White is an award winning recommended agent for Cremorne.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (365 reviews)
  •  1 Review in Cremorne
  •  1 Sale in Cremorne
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