35 Canterbury Road, Camberwell VIC 3124
35 Canterbury Road, Camberwell VIC 3124
Large freestanding 1980s architect home | 6 bed, 4 bath on ~940m² | North-facing rear with pool and granny flat | High-end Camberwell family bracket
What stands out here is the combination of scale and flexibility. A six-bedroom, four-bathroom house on a garden allotment of roughly 940 square metres is uncommon in Camberwell, where much of the stock is period homes or more modest family houses. The north-facing rear aspect is a genuine advantage, drawing winter light into the main living zones and framing the pool and garden as a usable entertaining space. The separate granny flat with its own bathroom adds real versatility, whether for multi-generational living, guests, or a home office. This is a property that serves a large family or a household wanting dual living arrangements, and its position within a sought-after school catchment strengthens its appeal to owner-occupiers prioritising space and location over convenience.
The house is being marketed with scope for modern enhancement, which suggests the interior may not reflect contemporary finishes throughout. Buyers should weigh the cost of updating the kitchen, bathrooms, or flooring against the purchase price, since the 1980s bones are solid but presentation will influence how quickly it sells and at what level. The parking configuration is inconsistent across sources, so verifying the actual garage capacity during inspection is worthwhile. The property’s price point narrows the buyer pool, but the land size, north aspect, and flexible layout are the factors most likely to hold value in this market.
|| Comparable Sales: 31 Canterbury Road sold around $7.89M in 2016 with larger internal area and tennis court; 35 Canterbury Road itself transacted in 2024 | Property Price Band: $3.7M–$4.2M | Value Drivers: land size, north-facing rear with pool, granny flat flexibility
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Canterbury Road, Camberwell VIC 3124
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 31 Canterbury Road sold around $7.89M in 2016 with larger internal area and tennis court; 35 Canterbury Road itself transacted in 2024 | Property Price Band: $3.7M–$4.2M | Value Drivers: land size, north-facing rear with pool, granny flat flexibility
Bedrooms
6
Bathroom
4
Parking
4
Land
975m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!