SOLD
RECENT ADVICE
Sold on 17 Jul 2024 for $1,494,000

927 Burke Road
Camberwell VIC 3124

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 184m2
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Property Details for 927 Burke Rd, Camberwell

Building Type
Commercial
Floor Size
200m2
Land Size
184m2
Local Government
Boroondara
Lot/Plan
1/TP667849

Last Listing description (July 2024)

Here's your chance to secure this beautiful, double storey gem in prestigious Burke Road, Camberwell, the first time offered in over 50 years!

Open for inspection: Wed 10/7 1-1.30pm, Wed 17/7 from 1.30pm.

Currently operating as a restaurant downstairs with kitchen facilities, bathroom, and ample storage. Upstairs, 3 bedrooms/offices with extra-high ceilings, bathroom, and separate living room.

ZONE: Commercial 1
LAND: 184sqm (approx)
ROW to lane
Current return approx. $61,500 p.a + outgoings and GST

Incredible location with excellent foot traffic, tram passing the door. Boutique shopping strip, in tightly held location.

Either as an investment or to occupy, this is a fantastic opportunity!

Property History for 927 Burke Rd, Camberwell, VIC 3124

A timeline of how this property has performed in the market
Last Sold
$1,494,000
17 Jul 2024
  • 17 Jul 2024
    Sold for $1,494,000
  • 21 Jun 2024
    Listed for Sale $1,494,000

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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 36 properties listed for sale, and 10 properties listed for rent in Camberwell on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Camberwell.

Suburb Insights for Camberwell 3124

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Peter Sowersby
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Jane Skinner
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Walshe & Whitelock
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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.