FOR SALE
Private Sale : $2,550,000-$2,800,000

98 Prospect Hill Road
Camberwell VIC 3124

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 922m2
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Boundless Opportunity in the Heart of Camberwell

Discover the perfect canvas for your dream home or potential development at 98 Prospect Hill Road, Camberwell. Spanning an expansive 922 sqm, this prime parcel of land offers an unparalleled opportunity for redevelopment in one of Melbourne's most sought-after suburbs. Whether you envision creating a luxurious single residence or developing front-and-back or side-by-side townhouses (STCA), the possibilities here are endless.
Located within the coveted zones for Camberwell Primary School and Camberwell High School, this site is ideal for families seeking access to quality education. Enjoy the convenience of a short walk to Riversdale and East Camberwell stations, ensuring easy commutes, while the Riversdale Road trams provide quick connections to the city and beyond.
For recreation and leisure, Riversdale Park is just around the corner, offering green spaces for relaxation and outdoor activities. You're also minutes away from the bustling Camberwell Junction, where an array of shopping, dining, and entertainment options await. Proximity to Canterbury Girls' Secondary College and a selection of prestigious independent schools further enhance the appeal of this exceptional location.
Seize the chance to craft your vision in a location where demand is high, and opportunities like this are rare. 98 Prospect Hill Road is not just a property; it's the beginning of your next chapter.
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Property Details for 98 Prospect Hill Rd, Camberwell

98 Prospect Hill Rd, Camberwell is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 922m2. The place is currently for sale with Ray White Burwood.

Building Type
House
Land Size
922m2

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About 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 2011 was 20,028 people. By 2016 the population was 22,063 showing a population growth of 10.2% in the area during that time. The predominant age group in Camberwell is 10-19 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 2011, 76.3% of the homes in Camberwell were owner-occupied compared with 70.9% in 2016.

Camberwell has 11,788 properties. Over the last 5 years, Houses in Camberwell have seen a 20.35% increase in median value, while Units have seen a 7.46% increase. As at 31 August 2024:

  • The median value for Houses in Camberwell is $2,538,494 while the median value for Units is $849,796.
  • Houses have a median rent of $950 while Units have a median rent of $605.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Camberwell on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Camberwell.

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Emma Yu
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Ray White Burwood
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