154 Through Road, Camberwell VIC 3124

Original house on 616m² in Camberwell | Scope to renovate, extend or redevelop | Walking distance to schools, shops and transport | Strong street sales above $2.5m This property presents a compelling buying case primarily for its land content and location within a premium Camberwell street where recent sales have exceeded $2.5 million. The 616 square metre parcel, while not the largest in the area, is substantial enough to support renovation, extension or a new build, giving a buyer multiple pathways to add value. Its position within walking distance of quality schools, shops, cafes and public transport strengthens its appeal for families or builders seeking a well-located project. The original house configuration of three bedrooms, one bathroom and one car space is modest, but this is typical for properties marketed with redevelopment potential and does not detract from the land-driven opportunity. The primary risk lies in the absence of confirmed planning or overlay information, which means a buyer must conduct due diligence on zoning, heritage controls and any development restrictions before committing. The property last sold in 2017 for $1,815,000, and while street comparables suggest significant value growth, the lack of recent sale data for this specific house means the current asking price must be carefully benchmarked against finished homes nearby. For a buyer prepared to undertake renovation or redevelopment, the opportunity is to acquire a landholding in a sought-after suburb at a price that reflects the original condition, then unlock equity through improvement or rebuilding.