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Cremorne vs Dalmore

Property investment comparison - Cremorne, VIC 3121 vs Dalmore, VIC 3981

Head-to-head across core investment metrics: Cremorne wins 3, Dalmore wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCremorneDalmore
Median house price$1.3M$1.3M
Median unit price$615K$565K
Gross rental yield (houses)3.69%2.87%
Gross rental yield (units)5.70%3.36%
1-year house growth+0.9%estimate-
3-year house growth--
Vacancy rate1.4%4.9%
Population2,158142

Cremorne vs Dalmore: what the numbers say

The median house price is $1.3M in Cremorne and $1.3M in Dalmore, so Dalmore is the cheaper entry point.

For units, Cremorne sits at a median of $615K against $565K in Dalmore, which makes Dalmore the more affordable unit market and Cremorne the pricier one.

On cash flow, Cremorne leads: houses there return a gross rental yield of 3.69%, compared with 2.87% in Dalmore, a gap of 0.82 percentage points.

Rental vacancy is 1.4% in Cremorne and 4.9% in Dalmore, so landlords in Cremorne face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cremorne is the bigger suburb, with a population of 2,158 against 142, roughly 15 times the size of Dalmore; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cremorne for rental income, Dalmore for a lower purchase price, Cremorne for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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