1222 Toorak RoadCamberwell VIC 3124
Property Details for 1222 Toorak Rd, Camberwell
Last Listing description (November 2016)
GormanKelly is pleased to offer 1222 Toorak Road, Camberwell for private sale.
An outstanding opportunity to secure an affordable and versatile commercial and residential freehold in a high exposure Camberwell location offering full flexibility.
We believe the most outstanding aspects of this property include:
- Building area 189m with rear onsite parking;
- Offered with vacant possession;
- Potential to return $45,000 per annum plus outgoings & GST;
- Suitable for Owner Occupiers or Investors with future potential to develop (STCA);
- Land area 254m / Zoned Commercial 1;
- Great location public transport at doorstep, close to Burwood train station with the Monash Freeway just moments away. The property is located within close proximity to Stockland Tooronga which is anchored by Coles, Bakers Delight, Amcal Pharmacy, First Choice Liquor and Flight Centre. The property is also within walking distance to Leo s Supermarket.
Property History for 1222 Toorak Rd, Camberwell, VIC 3124
- 29 Oct 2015Sold for $945,000
- 02 Sep 2015Listed for Sale SOLD - $945,000
- 10 May 2013Sold for $797,500
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About Camberwell 3124
The size of Camberwell is approximately 7.7 square kilometres. There are 24 parks, covering nearly 5.8% of the total area. The population of Camberwell in 2016 was 22081 people. By 2021 the population was 21965 showing a population decline of 0.5% in the area during that time. The predominant age group in Camberwell is 50-59 years. Households in Camberwell are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Camberwell work in a professional occupation.In 2021, 71.70% of the homes in Camberwell were owner-occupied compared with 70.90% in 2016.
Camberwell has 12,031 properties. Over the last 5 years, Houses in Camberwell have seen a -6.63% decrease in median value, while Units have seen a 6.75% increase. As at 31 July 2026:
- The median value for Houses in Camberwell is $2,386,011 while the median value for Units is $883,187.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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