Camberwell

Camberwell falls within Boroondara about 10 km east of Melbourne’s Central Business District. It’s a prestigious suburb known for its historic charm, leafy streets, and substantial homes, making it highly sought-after by families and professionals.

Demographic Profile

• Population: According to the 2021 census, the population of Camberwell was 21,965.
• Predominant Age Group: The suburb is popular among the 40-59 age group, reflecting its appeal to established families and professionals.
• Median Household Income: Generally higher than the Melbourne metropolitan average, indicative of the suburb’s affluence.
• Occupancy: A high homeownership rate, with a smaller proportion of rentals.

Real Estate and Growth

• Median House Prices: The median house price in Camberwell is approximately AUD 2,100,000.
• Median Unit Prices: Units and apartments average around AUD 900,000.
• Rental Market: The median house rent is about AUD 650 per week, while for units, it’s around AUD 450 per week.
• Market Trends: Camberwell has experienced significant property value growth, attributed to its desirability, quality of housing, and excellent amenities.

Education and Lifestyle

• Schools: Hosts some of Melbourne’s most prestigious schools, including Camberwell Primary School, Camberwell High School, and several private institutions.
• Local Vibe: Known for its bustling shopping and dining scene, especially along Burke Road.
• Community Insights: Residents appreciate the suburb’s heritage appeal, safety, and family-friendly environment.

Transportation

• Public Transport: Well-connected by train (Camberwell Station) and multiple tram lines, offering easy access to the CBD and surrounding areas.
• Accessibility: Good road connectivity, including proximity to major arterials.

Notable Features

• Shopping and Dining: Camberwell Junction is a central commercial hub known for its shopping, cafes, and the iconic Camberwell Sunday Market.
• Recreational Areas: Abundant in parks and green spaces, including the well-known Camberwell Gardens.

Camberwell is an affluent and established suburb, renowned for its beautiful period homes, excellent schools, and vibrant commercial areas. It offers a high quality of life with a blend of urban convenience and suburban peace, making it one of Melbourne’s most desirable locations.