3/11 Braeside Avenue, Camberwell VIC 3124
3/11 Braeside Avenue, Camberwell VIC 3124
Two-level townhouse | Boutique block of three | Low-maintenance contemporary finish | Strong family/downsizer appeal | Camberwell prestige pocket
This townhouse holds a genuine competitive edge through its compact, contemporary configuration within a boutique three-dwelling block—an increasingly rare format in a suburb where detached family houses dominate the market. The two-level layout offers a practical separation of living and sleeping zones, while the low-maintenance positioning directly serves downsizers seeking to remain in an established blue-chip address without the upkeep of a large garden. Natural light is a defining feature, enhancing the sense of space and making the interior feel larger than its footprint might suggest. For professionals or smaller families wanting Camberwell’s prestige postcode without the price tag of a full-sized house, this property delivers a sensible entry point into the suburb’s tightly held stock.
Value may be shaped by the limited land component typical of townhouse product, which generally constrains capital growth compared with detached houses on substantial lots. The absence of confirmed specifications around bedrooms, bathrooms, and car accommodation means a buyer should verify these details to gauge how the property compares with newer infill developments nearby. The boutique nature of the block, however, may support price resilience through lower body corporate costs and a quieter living environment. Condition and presentation will likely play a decisive role, as contemporary finishes in good order tend to command a premium in this segment. Proximity to schools, transport, and Camberwell’s amenity corridor may further underpin demand, though the exact walkability should be confirmed on inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/11 Braeside Avenue, Camberwell VIC 3124
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Camberwell, 9km east of the CBD, occupies a desirable position with thriving commercial centres, and demand is led by families; many own detached houses outright or with mortgages, and a high share of residents are over 60, giving stable buyer depth. House medians cluster around $2.6m, with 12-month growth ranging from -1.3% to +2.1%; units sit near $900k, with change between -6.3% and +6.5%. Houses sell in 34–41 days, faster than nearby suburbs, and annual sales run between 244 and 429. Gross yields remain thin—2.1% for houses, 3.5–3.8% for units—while weekly rents are $918–$1,050 for houses and $625–$650 for units. Robust sales activity and relative speed underpin future demand, but affordability and interest-rate sensitivity are key constraints, with monthly listings at 40–105.
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PropCred Estimated Value
Comparable Sales: 9 Braeside Avenue (4-bed house, sold $2.87M) | 15 Braeside Avenue (4-bed house, listed $4.2M–$4.6M) | Property Price Band: $1.1M–$1.2M | Value Drivers: Contemporary condition, two-level layout, boutique block size, low-maintenance appeal
Bedrooms
3
Bathroom
2
Parking
2
Land
190m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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