1/868 Riversdale Road, Camberwell VIC 3124

1/868 Riversdale Road, Camberwell VIC 3124
2 bed ground floor Art Deco | 4 car spaces rare in Camberwell | Low density three lot building | Arterial road exposure trade off This property offers a configuration that is genuinely uncommon in Camberwell: a ground floor Art Deco apartment with four car spaces, set within a three lot building. The period character and low density living appeal strongly to downsizers seeking single level access without sacrificing style, and to owner occupiers who value original detailing over contemporary finishes. The generous parking provision is a competitive edge that broadens buyer interest beyond typical unit buyers, particularly those with multiple vehicles or a need for secure storage. The 889 square metre site suggests a substantial land holding relative to the building count, which may influence future capital works obligations or redevelopment potential, though this would require careful due diligence. The property’s position on Riversdale Road, a major arterial corridor, may affect both privacy and noise levels, particularly for a ground floor dwelling. While access via Lockhart Street mitigates some frontage exposure, the street presence remains a factor that could narrow buyer appeal compared to a quieter side street location. The three lot building structure means shared maintenance costs are spread across few owners, which may lead to higher individual levies for common area upkeep or sinking fund contributions. Buyers should weigh the benefit of low density living against the potential for more frequent or substantial outgoings when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/868 Riversdale Road, Camberwell VIC 3124
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Market Insight:

Camberwell is a well-established, family-oriented suburb with a prime location and robust commercial centres. Demand is driven by owner-occupiers, evidenced by strong sales activity and faster selling times than comparable areas. The housing market has shown recent price stability with slight variations, while the unit segment presents mixed performance. Future growth is underpinned by its enduring appeal and amenities, though current listing volumes suggest a balanced market with ample choice for buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

4

Land

889mยฒ

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