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138 Camberwell Road

The property located at 138 Camberwell Road in Hawthorn East has become a focal point for discussions around real estate market trends in Melbourne’s sought-after eastern suburbs. This address encompasses a range of residential units, including apartments that cater to different lifestyles and preferences. Apartment 502, for example, is a prime example of the type of unit found here, featuring two bedrooms, two bathrooms and a parking space.

In recent years, 138 Camberwell Road has demonstrated a dynamic real estate journey, reflecting broader market movements in the area. One unit was sold for $525,000 in August 2023 after being originally purchased for $639,995 in August 2016, which indicates a notable change in property value over a span of 6 years. This observation becomes particularly interesting when considering the gross rental yield and the annual growth rate of properties in this development.

Living in Hawthorn East offers residents the benefit of being in a well-established suburb that balances urban convenience with leafy streets and a sense of community. 138 Camberwell Road, with its modern living spaces and amenities such as reverse cycle air conditioning and stone benchtop kitchens, is positioned to provide a comfortable lifestyle for its residents. The location benefits from proximity to amenities, public transport, and educational institutions, making it a desirable place to live.

Key Takeaways

  • 138 Camberwell Road hosts modern apartments and reflects market trends in Melbourne’s eastern suburbs.
  • Property values have experienced fluctuations, highlighting the area’s real estate dynamics.
  • Hawthorn East offers a balance of urban living and community, with ample amenities nearby.

Building Profile and Units

The complex at 138 Camberwell Road, Hawthorn East, showcases contemporary design with a suite of modern amenities, accentuating both style and functionality within its selection of units.

Design and Architecture

Fender Katsalidis, a renowned architectural firm, lends its expertise to the structure of 138 Camberwell Road, resulting in an elegant façade and efficiently designed living spaces. The building features a mix of owner-occupied and rental units, with a considerable proportion being two-bedroom apartments. These apartments offer a modern aesthetic with an efficient use of space.

Unit Features

Each unit within the complex is tailored for comfortable living, with attention to detail apparent in every aspect. The two-bedroom units notably include:

  • Two bedrooms
  • Two bathrooms
  • In-unit dishwasher
  • Internal building area of approximately 63 square metres

The layouts are designed with an open-plan living concept, maximising the utility of the available space.

Building Amenities

Residents have access to premium facilities, which include:

  • Gymnasium: A fully equipped gym for residents’ fitness needs
  • Parking: Assigned parking space for each unit

The building further ensures a connected living experience with provisions such as NBN and Foxtel connections.

Market Insights and Property History

138 Camberwell Road in Hawthorn East VIC 3123 has seen concrete trends in property transactions and demographic shifts. This analysis provides a snapshot of the market dynamics and the history of residential turnover in the vicinity.

Sales and Rental Trends

Recent transactions at 138 Camberwell Road reflect a contraction in the local real estate market. For instance, Apartment 502 at this address, featuring 2 bedrooms, 2 bathrooms, and 1 parking space, was sold for $525,000 in August 2023. This sale price represents a decline from its prior purchase price of $639,995 in August 2016, culminating in an annual growth rate of -2.79% over a 6-year holding period.

The rental segment also shows activity, though specific figures are not disclosed. A listing in November 2021 indicates the property was rented, suggesting a steady interest for tenancy.

Occupancy and Demographics

Occupancy details and demographic profiles of 138 Camberwell Road are anchored in broader government census data. The area generally attracts a mix of demographics, including young professionals and families, who are drawn to features such as the presence of 3 bedrooms and 2 car spaces, as noted for certain properties within the building. What’s more, large land sizes up to 2,536 m² are reported for some dwellings, which may entice those seeking spacious residential plots.

Government census data can offer more granular insights, such as household compositions and average occupancy rates, which in turn informs market performance. Demographically, the district has exhibited a diverse population with varied income levels, affecting both the ownership and the rental markets.

Location and Lifestyle

138 Camberwell Road is situated in a vibrant and accessible area of Hawthorn East, providing residents with a high-quality lifestyle bolstered by excellent education options, convenient transport links, and a wide array of local amenities.

Schools and Education

Camberwell Primary School and Swinburne Senior Secondary College are both distinguished educational institutions near the address. They lie within clearly defined school catchment zones, ensuring that residents have access to reputable government education. The presence of these schools underlines the area’s commitment to academic excellence.

Transport and Accessibility

This address boasts exceptional transport links that cater to both public and private commuters. The proximity to Auburn train station (1.2km) and Camberwell train station (650m) provides residents with easy access to the Melbourne CBD and other metropolitan areas. Additionally, the availability of transport options contributes to a lifestyle of convenience and connectivity. Parking availability varies, however, residential parking permits may be utilised by local occupants.

Local Amenities

Residents of 138 Camberwell Road experience a rich lifestyle thanks to Camberwell Junction, a local hotspot just a short distance away, offering a wealth of shopping, dining, and entertainment options. The area’s neighbourhood insights reveal a community-centric atmosphere that values local commerce and social interaction. Further, the nearby Camberwell shopping centre (400m) and Rivoli village cinema (250m) are central to the local lifestyle, offering both practicality and leisure opportunities within a stone’s throw from home.

Frequently Asked Questions

This section aims to address common enquiries regarding the property at 138 Camberwell Road, Hawthorn East VIC 3123 with specifics on ownership, historical significance, market status, rental prospects, occupant reviews, and architectural distinctiveness.c

The current owner of 138 Camberwell Road has not been publicly disclosed. Ownership details typically require a title search through Victoria’s land registry services to confirm.

Details about the historical significance of 138 Camberwell Road are not widely documented. The property is located within Hawthorn East, which is known for its rich architectural heritage

Recent listings suggest that apartments within the building at 138 Camberwell Road have been available for sale, such as a 2-bedroom apartment listed on Domain.com.au.

Rental opportunities at 138 Camberwell Road have been present as indicated by past rental listings. The availability of rental units can vary, with the latest listings available through real estate platforms.

The property has received positive reviews, scoring 4.8 out of 5 from 1,247 reviews, showcasing occupant satisfaction with the accommodations and amenities.

138 Camberwell Road hosts modern apartments featuring contemporary design elements such as open-plan living spaces, a study nook, and a curved balcony as per the listed 2nd-floor apartment.



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