42 Through Road, Camberwell VIC 3124

Art Deco 4-bed on 850sqm | Hartwell Primary & Camberwell High zone | renovation-ready with dual-living potential | 26% site coverage leaves room to extend The property offers a rare combination of generous land size and flexible zoning in a tightly held Camberwell pocket, where the 26% site coverage leaves meaningful room for extension or redevelopment. The double brick construction and period features — leadlight windows, high ceilings, fireplaces — provide a solid base that buyers rarely find in this price range, while the renovated kitchen and polished floors mean the house is immediately livable without requiring urgent work. It suits a family prioritising school catchment access, particularly Hartwell Primary and Camberwell High, or an owner-occupier who wants to hold and improve over time. The key risk is the current value estimate sitting around $2.4 million against a 2018 purchase price of $2.118 million, suggesting limited capital growth over seven years and a market that has not rewarded this holding period. The -7.2% local growth figure reinforces that buyers should not expect short-term appreciation. The opportunity lies in the zoning and site coverage — a well-executed rear extension or a dual-occupancy application (STCA) could unlock value that the current single-house configuration does not. Hold this property as a long-term family home with a view to adding floor area or subdividing when council policy shifts.