98 Glyndon Road, Camberwell VIC 3124
98 Glyndon Road, Camberwell VIC 3124
New three-level build | five-bed five-bath lift layout | 536sqm inner-east lot | pool and gym on site | premium family school-zone market
The residence is newly completed on a substantial 536sqm block in a sought-after inner-eastern location. The three-level configuration is designed for family living, with a marble-framed lift, five bedrooms and five bathrooms, and a pool and gym that are rarely found together in one home. Its specification is set well above the typical new build in the area, with European oak parquetry, natural stone benchtops, and quality appliances. The property is best suited to a family wanting a turnkey home near well-regarded schools, or a downsizer trading from a larger garden for a low-maintenance but generous interior.
The floor-area figures may be considered inconsistent across sources, which might be regarded as a concern when forming a price view. The absence of a confirmed aspect may be seen as a limitation, though this is minor given the specification. This property’s one-off nature may be reflected in a narrower buyer pool, and price expectations might need to be tested against genuinely similar sales. The 2020 land transaction may be used as a reference for land value, while the ongoing costs of a pool, lift and gym might be considered by a pragmatic purchaser.
Detailed Independent Property Report prepared by PropCred Analyst team for 98 Glyndon Road, Camberwell VIC 3124
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Camberwell, 9km east of the CBD, occupies a desirable position with thriving commercial centres, and demand is led by families; many own detached houses outright or with mortgages, and a high share of residents are over 60, giving stable buyer depth. House medians cluster around $2.6m, with 12-month growth ranging from -1.3% to +2.1%; units sit near $900k, with change between -6.3% and +6.5%. Houses sell in 34–41 days, faster than nearby suburbs, and annual sales run between 244 and 429. Gross yields remain thin—2.1% for houses, 3.5–3.8% for units—while weekly rents are $918–$1,050 for houses and $625–$650 for units. Robust sales activity and relative speed underpin future demand, but affordability and interest-rate sensitivity are key constraints, with monthly listings at 40–105.
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PropCred Estimated Value
Comparable Sales: 98 Glyndon Road (2020 land sale, $1.688M) | Property Price Band: $5.5M–$5.6M | Value Drivers: new build condition, 536sqm land size, premium finishes
Bedrooms
5
Bathroom
5
Parking
4
Land
536m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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