409/685 Burke RoadCamberwell VIC 3124
Property Details for 409/685 Burke Rd, Camberwell
Last Listing description (November 2023)
The Property
* View the virtual tour and floor plan
* Current month-to-month tenant in place, going concern sale (no GST applicable)
* The asking price reflects $5,900 per sqm. Outstanding value!
* Classy 5 level office building
* 80 sqm office, 1 car park designated under the building
* On the fourth floor
* Carpeted and ducted air conditioning
* Combination of open plan and partitioned rooms
* Bathrooms and kitchenette on each level that are always immaculately maintained
* Disabled access into the building and elevators to each level
* Lots of off-street car parking in surrounding side streets
The Location
* Just off popular Camberwell Junction
* Quick and easy walk to a myriad of amenity and shopping
* Trains and trams nearby
* EastLink and Monash are on either side of you and easy access to all linking traffic routes
Property History for 409/685 Burke Rd, Camberwell, VIC 3124
- 25 Jul 2024Sold for $425,000
- 17 Mar 2023Listed for Sale Asking $475,000
- 12 Feb 2019Listed for Rent $25,500 / year
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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 11,728 properties. Over the last 5 years, Houses in Camberwell have seen a 13.58% increase in median value, while Units have seen a 7.85% increase. As at 31 October 2024:
- The median value for Houses in Camberwell is $2,565,730 while the median value for Units is $892,352.
- Houses have a median rent of $950 while Units have a median rent of $605.
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