721A Riversdale Road, Camberwell, VIC 3124 | Property Value & History | OnTheHouse
OFF MARKET

721A Riversdale Road
Camberwell VIC 3124

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 232m2
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Property Details for 721a Riversdale Rd, Camberwell

Building Type
Land
Land Size
232m2
Local Government
Boroondara

Last Listing description (August 2019)

Nestled in the beautiful undulating hills of the northern Victorian countryside in the Bendigo region, this rural property represents an excellent long term business opportunity for the astute investor looking to become involved in the lucrative chicken meat (broiler) growing industry with long term high income potential.
This property is a quiet, relaxing and beautiful country haven, well away from the big city and represents a much quieter and more comfortable lifestyle for the business owner and their family.
Options:

1. Purchase the entire 111 acre property on 6 titles (farm 1 + 2) with the entire business as in option 2.
2. Purchase only 3 titles totalling 65.5 acres incorporating a total of 6 poultry sheds and all necessary farm equipment for the efficient and independent operation of the business located at two separate sites.
Parameters:
Farm 1: 80 acres inc 2 houses
Farm 2: 31 acres inc 1 house
Opportunity to purchase only the business freehold
Profitable poultry farm with regular income - Gross $60,000 per mth average
Long term contracts with major meat producer
Excellent business opportunity for the astute investor
90,000 birds free range (RSPCA & FREPA approved)
Full-time, live-in farm/business manager
Crops are grown on 13 acres + some cattle
Plenty of vehicle space on both properties
Separate driveway access to both properties
Sheds, storage areas, tractor, buggy and all required modern farming equipment
Close to main roads, major towns, schools and other amenities
An relaxing drive to Melbourne via Freeway
Price and address on application

Property History for 721a Riversdale Rd, Camberwell, VIC 3124

A timeline of how this property has performed in the market
  • 19 Sep 2018
    Listed for Sale Price Upon Application
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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 -2.65% decrease in median value, while Units have seen a 6.89% increase. As at 30 June 2026:

  • The median value for Houses in Camberwell is $2,450,705 while the median value for Units is $892,034.
  • Houses have a median rent of $1,100 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Camberwell on OnTheHouse. According to Cotality's data, 519 properties were sold in the past 12 months in Camberwell.

Suburb Insights for Camberwell 3124

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.