Third time in three months the Camberwell record house price is challenged

2 Waterloo Street, Camberwell, listed this week with price hopes of between $11m – $12.1m

For the third time in three months, a Camberwell mansion has been listed, which could smash the record as the suburb’s highest valued deal.

With price expectations of between $11 million and $12.1 million – 2 Waterloo Street, near the Read Gardens, would also be that ritzy Melbourne eastern suburb’s first eight figure deal, exceeding the $7.7 million outlaid in September 2015 when nearby Clifton – an 1891 mansion on a big block – dealt at auction.

Marshall White’s Andrew Gibbons and Hamish Tostevin listed 2 Waterloo Street this week.

On a 2960 square metre battle-axe shaped block with a tennis court, golf putting green and pool, the property includes an extended and renovated family home with five bedrooms, study, several living areas, a theatre room, rumpus room, gym and larger outdoor entertainment area.

Last month, in another prestigious pocket of the suburb (the Golf Links Estate) – a new four-level home at 13 Christowel Crescent – a 1560 square metre block also with a tennis court and pool – hit the market.

With price expectations of between $9.5 million and $10.4 million – this home could also be the suburb’s first eight-figure exchange. Bekdon Richards agents Stephan Carter, Paul Richards and May Zhu are marketing this property.

In June, another historic home,  in the Tara Estate, was listed for private sale with a guide price which could have broken the suburb record. The home at 15 Victoria Road initially carried price expectations of close to $8 million, however this has since been revised down.

Not far away, in June, in Balwyn’s esteemed Reid Estate, a contemporary multi-storey home with a tennis court and a pool at 9 Knutsford Street, sold for $8.4 million setting a suburban price record.

Read our story on 11 Melbourne homes which have sold for record prices this year, here.

 

 

 


 

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Marc Pallisco

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