616 Riversdale RoadCamberwell VIC 3124
Property Details for 616 Riversdale Rd, Camberwell
Last Listing description (July 2020)
Gorman Commercial is excited to offer 616 Riversdale Road, Camberwell for sale via an expression of interest campaign closing on Thursday 23rd July at 3pm.
The two-storey former medical/office facility comprises:
* Land area: 1,364 sqm approx.
* Building area: 970 sqm approx.
* Zoned: Neighbourhood Residential
* Three (3) street frontages
* 29m frontage to Riversdale Road
* Flexible settlement terms
* Prime opportunity for an iconic residential and/or Aged Care development project (S.T.C.A.)
Perfectly positioned on the corner of Riversdale Road and Aird Street with tram on the doorstep and a short walk to Camberwell Train Station. The property is situated in an established residential area, surrounded by various residential developments, in Middle Camberwell approximately 10 kilometres west of the CBD. Riversdale Road is a major road within Camberwell and runs into the Burke Road retail shopping strip.
Property History for 616 Riversdale Rd, Camberwell, VIC 3124
- 13 Jul 2021Listed for Rent - Price not available
- 29 Jul 2020Sold for $4,020,000
- 25 Jun 2020Listed for Sale Contact Agent
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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 11,957 properties. Over the last 5 years, Houses in Camberwell have seen a 3.90% increase in median value, while Units have seen a 12.34% increase. As at 30 April 2026:
- The median value for Houses in Camberwell is $2,489,994 while the median value for Units is $931,300.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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