190 Wattle Valley Road, Camberwell VIC 3124

$5.5m–$6m | brand new 5-bed luxury | 790sqm in Camberwell | entertainer’s family home. This property is competitively rare for its combination of a brand-new luxury build on a near-800sqm block in Camberwell, a blue-chip suburb where land of this size with a finished residence is increasingly scarce. The five-bedroom, five-bathroom configuration with two car spaces positions it as a turnkey solution for the executive family seeking immediate premium living without renovation risk. Its zoning for Canterbury Primary and Camberwell High School adds structural demand, while the HFC NBN and 5G coverage support modern working-from-home needs. The property best serves buyers who value a finished, low-maintenance entertainer’s home over the potential of an older property on a larger block. The primary risk is the asking price, which sits above automated valuation estimates and may reflect a premium for newness rather than underlying land value. This could compress capital growth in the short term if the market softens, and the buyer should be prepared to hold for at least five to seven years to see that premium absorbed. The lack of heritage or flood overlays is a positive, but the buyer should verify the build quality and any defects in the first year. For a buyer seeking a prestige family home in a strong school catchment, this property can be held as a long-term primary residence where lifestyle value offsets marginal price risk.