SOLD
Sold on 03 Jun 2024 for $1,000,000

477 Burke Road
Camberwell VIC 3124

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 195m2
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Property Details for 477 Burke Rd, Camberwell

Building Type
Commercial
Floor Size
70m2
Land Size
195m2
Local Government
Boroondara
Lot/Plan
7/LP8924

Last Listing description (March 2021)

Gorman Commercial is pleased to offer Ground Floor, 477 Burke Road, Camberwell for lease.

We highlight the following key attributes:

* Ground floor area 85sqm (approx.)

* Rear updated kitchenette & amenities
* Versatile open plan improvements
* Rear access
* High exposure position

Prominently located on Burke Road just metres from the intersection with Toorak Road. The immediate area comprises a range of retail, hospitality and office occupants together with a large residential catchment. The property is located metres from the Epworth Camberwell and is well serviced by tram services and nearby to Gardiner Station plus being in close proximity to Camberwell Junction and the Monash Freeway.

Property History for 477 Burke Rd, Camberwell, VIC 3124

A timeline of how this property has performed in the market
Last Sold
$1,000,000
03 Jun 2024
Listed for Rent
$632/w
23 Mar 2021
  • 03 Jun 2024
    Sold for $1,000,000
  • 20 Aug 2019
    Listed for Rent - Price not available
  • 11 Jul 2018
    Listed for Rent - Price not available
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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.
There are currently 35 properties listed for sale, and 11 properties listed for rent in Camberwell on OnTheHouse. According to CoreLogic's data, 454 properties were sold in the past 12 months in Camberwell.

Suburb Insights for Camberwell 3124

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.