Camberwell home to a record c$12 million deal: sources

A trophy mansion in Camberwell, listed for private sale last month, is exchanging hands for a speculated price of more than $12 million – becoming the leafy eastern Melbourne suburb’s first eight figure deal.

The Waterloo Street home, on a 2960 square metre battle-axe shaped block with a tennis court, putting green and swimming pool, includes a double-storey mansion with five bedrooms, a study, theatre room, rumpus room and gym.

The home, on the market for just three weeks, was listed by agency Marshall White’s Andrew Gibbons and Mark Sutherland. The agency declined to comment about the deal when contacted.

This property was the third in three months to challenge the $8 million suburban price record set at the end of 2016 when 1909 mansion Carramah, at 31 Canterbury Road, was sold by Kay & Burton’s Scott Patterson and Rebecca Edwards. A year earlier, another historic mansion, Clifton, in the suburb’s revered Tara Estate sold for $7.7 million

In July a modern home in Camberwell’s Golf Links Estate hit the market with a price guide of between $9.5 million and $10.4 million.

In June, a property at 15 Victoria Road looked like it could challenge the record with an upper end price guide of more than $8 million (which was shortly thereafter revised down).

Read our story, here, on other Melbourne homes which have set new suburban price records over the past 12 months.

Marc Pallisco

A freelance property writer and experienced analyst, Marc is the co-founder of realestatesource.com.au

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