2 Water Street, Camberwell VIC 3124

French-inspired architect home on 757sqm in Camberwell | north-facing lounge with library | 5-bedroom freestanding house | 4-car accommodation in blue-chip Boroondara This property presents a rare opportunity in Camberwell: a freestanding architect-designed residence on a 757sqm lot, where the 39% building coverage leaves generous garden space and privacy. The north-facing lounge with library and glass-framed staircase create a distinctive internal flow, appealing to families seeking a refined yet functional layout. The 5-bedroom, 3-bathroom configuration and 4-car spaces suit buyers who value space for multigenerational living or home office flexibility. Its catchment for Hartwell Primary and Camberwell High strengthens long-term demand from families. The primary risk is the premium price point relative to the suburb median, requiring a buyer comfortable with the upper end of the local market. The 2019 last sale date means the property has appreciated significantly, but the 7 days on market suggests limited exposure—buyers should verify if this reflects genuine demand or a quiet campaign. Opportunities lie in the absence of heritage overlays, allowing for future renovation or extension potential. The adjacent 2A Water Street listing may affect street character or create a combined development play. Hold this property as a long-term family home; its garden and orientation will retain appeal across market cycles.