128 Highfield RoadCamberwell VIC 3124
Property Details for 128 Highfield Rd, Camberwell
Last Listing description (October 2025)
This unique property consists of a gorgeous retail space on the ground level, plus a residential unit upstairs, presenting a rare lifestyle opportunity in the heart of Camberwell. Renovated in a modern style whilst retaining its original character, this property is spacious and stylish, while inspiring options for home-based business alongside many retail possibilities (subject to council approval).
As you enter into the retail space, you will be charmed by stunning timber flooring, high ceilings, original brickwork, and oodles of natural light from the large front windows. This is a blank canvas for you to run your business and customise the space to suit your own style.
Spread over three levels, the property has a living area, kitchen, and outdoor deck on the middle floor that has access to the private outdoor space at the rear. Downstairs, a second living area, powder room, and laundry offer fantastic amenities for the residential unit, as well as a large storage room. On the top level, there are three generous bedrooms with leafy elevated views, and a contemporary bathroom.
There are multiple possibilities here as you can live in the home and rent out the retail space, use the commercial space yourself and rent out the home, live in the home and run your own business onsite, or invest and rent out the entire property with a potential double income stream.
Located amongst other shops and in between Highfield Park and St Dominic's Primary School, there is great foot traffic in the midst of this residential area. Positioned within minutes from major shopping, three train stations, city-bound trams, Deakin University, and less than half an hour from the city, this retail plus residential gem really is the ultimate lifestyle package.
*AUCTION THIS SUNDAY 26/10 AT 12PM*
OPEN FOR INSPECTION THIS WEEK:
22/10 Wednesday 5:00PM-5:30PM
23/10 Thursday 12:00PM-12:30PM
25/10 Saturday 12:00PM-12:30PM
26/10 Sunday 11:30AM-12:00PM
Property History for 128 Highfield Rd, Camberwell, VIC 3124
- 26 Oct 2025Sold for $1,285,000
- 30 Sep 2025Listed for Sale SOLD by Ray White Burwood
- 28 Aug 2023Sold for $1,280,000
Recent sales nearby
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0About Camberwell 3124
The size of Camberwell is approximately 7.7 square kilometres. It has 24 parks covering nearly 5.8% of 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 11,964 properties. Over the last 5 years, Houses in Camberwell have seen a 16.52% increase in median value, while Units have seen a 11.37% increase. As at 31 January 2026:
- The median value for Houses in Camberwell is $2,609,180 while the median value for Units is $908,567.
- Houses have a median rent of $950 while Units have a median rent of $650.
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