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Overview
This property offers an exceptional opportunity given its rare, elevated 753 square metre land parcel situated in a premier Camberwell location. Its broad 16.5 metre frontage allows for impressive design freedom, whether creating a luxurious new family home or exploring boutique development possibilities subject to council approval.
The residence has been a cherished family home since 1948, representing a substantial original bungalow with a timeless layout that includes two bedrooms, a bathroom, and ample off-street parking for up to four vehicles. The presence of three separate living areas enhances the functional versatility of the home, providing room for formal entertaining, relaxed family living, and hobbies or home office options.
While the existing home provides plenty of space and a comfortable lifestyle, the site’s unencumbered status—free from heritage overlays—offers potential buyers tremendous scope to personalise according to contemporary architectural preferences or lifestyle requirements. City views from the elevated position may also be capitalised upon during any redevelopment.
Ideal for buyers seeking a substantial site within easy reach of sought-after amenities, this property is positioned near schools, local cafes, parks, and transport links, supporting a desirable suburban lifestyle that blends space, convenience, and lifestyle options.
Local Market Insights
In Camberwell, Quiet Listings observed 40 new houses entering the market over the last 30 days, up from 12 during the previous 30-day period, with an average advertised asking price of $2,392,125. The property type mix of listed properties is predominantly Houses at 65%, followed by townhouses (12%), and commercial properties (11%). Jellis Craig was the most active agency in this area, representing 30.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Camberwell VIC 3124
Market Insights for Camberwell VIC 3124
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