639 Riversdale RoadCamberwell VIC 3124
Property Details for 639 Riversdale Rd, Camberwell
Last Listing description (May 2023)
Burgess Rawson is pleased to offer to the market 639 Riversdale Road, Camberwell VIC for sale by private treaty.
The property has the following investment highlights:
+High profile 655sqm* corner site with exposure to 14,200 vehicles passing daily.**
+Surrounded by supporting medical, specialist medical, and important social infrastructure including 30 schools and tertiary education facilities servicing 19,300+ full-time students.**
+Short term lease with no options providing optimum flexibility for owner occupiers, investors and/or developers (STCA).
+Gateway to Camberwell Junction shopping precinct, anchored by Woolworths, Coles, Aldi and Kmart with over 300 specialty stores.
+Convenient to public transport, 150m* to Riversdale Train Station.
+Camberwell: affluent inner eastern suburb with a median house price of $2,650,000, 145% higher than Victoria's median house price.***
+City of Boroondara: significant metro municipality with population forecast to grow 13.23% to 211,363 residents by 2041.****
For Sale by private treaty
*approx.
**Gapmaps
***Realestate.com
****Forecast.id
Property History for 639 Riversdale Rd, Camberwell, VIC 3124
- 28 Apr 2023Sold for $2,100,000
- 21 Mar 2023Listed for Sale Price on Request
- 29 Sep 2022Listed for Sale Price on Request
Recent sales nearby
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0About 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 12,028 properties. Over the last 5 years, Houses in Camberwell have seen a -9.36% decrease in median value, while Units have seen a 1.25% increase. As at 31 August 2026:
- The median value for Houses in Camberwell is $2,366,561 while the median value for Units is $846,011.
- Houses have a median rent of $1,150 while Units have a median rent of $650.
Suburb Insights for Camberwell 3124
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