11 Lesley Street, Camberwell VIC 3124
11 Lesley Street, Camberwell VIC 3124
Large family house | 821 m² land | school-zone appeal | high rental estimate | premium street position
This property holds a clear competitive edge as a substantial five-bedroom family house on an unusually large block within a sought-after Camberwell pocket. The combination of generous internal space, established residential zoning, and placement within the Wattle Park Primary and Ashwood High catchment makes it particularly suited to buyers prioritising long-term family living with strong schooling options. Its configuration sits above typical street stock, offering more accommodation than most nearby detached homes, which supports both immediate comfort and future resale depth. The rental estimate near $2,000 weekly also signals durable demand from tenants, though owner-occupiers remain the primary audience given the scale and land offering.
Value may be shaped by the property’s condition and presentation, as the build age and interior finishes are not specified and could vary meaningfully from expectations. The parking discrepancy between sources might reflect actual on-site capacity, which could influence convenience-minded buyers. The large land size offers potential for future reconfiguration or extension, subject to council approval, and this flexibility may appeal to those seeking a longer-term footprint. Buyers should weigh the premium entry point against the property’s rarity in size and school alignment, recognising that comparable larger homes in the street have traded at higher levels.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Lesley Street, Camberwell VIC 3124
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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: 12 Lesley Street sold at $3.05M for a 4-bed on 835 m²; 17 Lesley Street sold at $2.55M for a 5-bed | Property Price Band: $2.4M–$2.5M | Value Drivers: land size, bedroom count, school-zone location, and internal space
Bedrooms
5
Bathroom
3
Parking
4
Land
820m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!