14 Berwick Street, Camberwell VIC 3124
14 Berwick Street, Camberwell VIC 3124
5-bed family house | Camberwell premium pocket | Owner-occupier market | School catchment pull | Tightly held stock
This property holds a clear competitive edge in Camberwell’s upper-family segment. A five-bedroom, three-bathroom layout with triple parking is rare in this suburb’s older housing stock, and it positions the house well above the typical family offering. The suburb itself is tightly held, with low turnover and a strong owner-occupier base, which supports long-term value stability. For a buyer seeking a permanent family home with established school catchments and a mature residential character, this property aligns closely with that profile. Its configuration suggests it was built or renovated to serve serious family living, not investor turnover, and that orientation is reflected in the surrounding demand patterns. The pricing band sits sensibly within the local upper-family market, making it a credible option for those upgrading within the inner east.
The property’s eventual sale price may be influenced by how its land size and internal condition compare to similar family houses in the immediate area. While the configuration is strong, the absence of confirmed renovation level or site dimensions means a buyer should inspect closely to gauge whether the finish matches the premium positioning. Heritage sensitivity exists elsewhere in the street, so a title search may reveal constraints that could affect future extension potential. The 2016 sale date suggests some ownership history, but current value will hinge on how the property presents against newer or refreshed competitors. Buyers should weigh these factors when forming their price view, as they could shift the final figure by a meaningful margin.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Berwick Street, Camberwell VIC 3124
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
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: 6 Fermanagh Road sold at $4.0M–$4.4M; 554 Camberwell Road sold at $1.589M–$1.739M | Property Price Band: $2.9M–$3.1M | Value Drivers: Land size, internal condition, school catchment proximity
Bedrooms
5
Bathroom
3
Parking
3
Land
517m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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