42 Through Road, Camberwell VIC 3124
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.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Through Road, Camberwell VIC 3124
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Camberwell is a well-established, family-oriented suburb with a prime location and robust commercial centres. Demand is driven by owner-occupiers, evidenced by strong sales activity and faster selling times than comparable areas. The housing market has shown recent price stability with slight variations, while the unit segment presents mixed performance. Future growth is underpinned by its enduring appeal and amenities, though current listing volumes suggest a balanced market with ample choice for buyers.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
850m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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