James Nelis
The Nelis Group Buyers Agency
Brisbane, QLD+7
Melbourne · Inner East
Prestigious and established, Camberwell is defined by its grand historic homes, leafy streetscapes, and the vibrant Burke Road shopping precinct. It offers an aspirational yet comfortable lifestyle, blending heritage charm with upscale amenities, attracting affluent families and professionals seeking a well-connected, community-focused environment.
Last reviewed 14 May 2026
Market snapshot
Official figures
Read 6 October 2026
Median house price by year1
At the 2021 Census
Sources
Camberwell 3124 · Inner East. Medians describe sales, not the value of any one home.
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Why a buyers agent
Purchasing in Camberwell requires navigating a complex landscape of heritage overlays, specific school zone boundaries, and a street-by-street hierarchy that significantly impacts value. An experienced buyer's agent possesses an intimate understanding of these nuances, from the premium attached to the Prospect Hill precinct to the subtle differences between seemingly identical streets. An agent can decipher the true value drivers, preventing overpayment on a main road or identifying a property with untapped potential in a quieter, more desirable pocket.
The suburb is renowned for its stunning heritage architecture, with many streets lined with grand Federation and Edwardian homes on large blocks. This, combined with its lush, tree-lined canopy, creates an enduringly beautiful and prestigious environment.
Camberwell is a hub for quality education, home to highly-regarded schools like Camberwell Primary and Siena College, and within the catchment for Camberwell High School. Its proximity to many of Melbourne's elite private schools makes it a top choice for families.
The Burke Road and Camberwell Junction precinct provides a village-like atmosphere with a sophisticated array of shops, cafes, restaurants, and the iconic Rivoli Cinema. The famous Sunday Market adds to the suburb's unique and vibrant character.
With a major train station serving three lines and three different tram routes, commuting to the CBD or other key areas of Melbourne is fast and convenient, making it ideal for professionals and students.
Compare
| Metric | This suburbCamberwell | NearbyGlen Iris | NearbyHawthorn | NearbyKew |
|---|---|---|---|---|
| Median house | $2,590,000 | $2,590,000 | $3,017,500 | $2,778,000 |
| Median unit | $981,000 | $679,500 | $573,500 | $846,500 |
| Year-on-year growth | -0.3% | +8.5% | +0.6% | -1.1% |
| 5-year growth | +25.0% | +21.3% | +19.5% | +23.4% |
| Rental yield | Not available | Not available | Not available | Not available |
| Postcode | 3124 | 3146 | 3122 | 3101 |
Official medians for 2025 from the state Valuer-General, and our calculations from them. Sources are on each suburb page.
The place
Camberwell, located 10 kilometres east of Melbourne's CBD, is one of the city's most prestigious and established suburbs, renowned for its leafy avenues, grand Federation and Edwardian homes, and vibrant community atmosphere. The suburb's heart is Camberwell Junction, a bustling intersection where Burke, Riversdale, and Camberwell Roads converge, creating a major commercial and retail hub. This precinct features the iconic Art Deco Rivoli Cinema, hundreds of shops from high-end boutiques to major retailers, and a diverse dining scene with popular spots like Prohibition Food & Wine and Hibiki.
The suburb is exceptionally well-serviced by public transport. Camberwell railway station is a major hub on the Belgrave, Lilydale, and Alamein lines, providing a swift commute to the city. Additionally, tram routes 70, 72, and 75 offer extensive cross-suburban connectivity.
Families are drawn to Camberwell for its outstanding educational institutions. It is home to highly-regarded schools including Camberwell Primary School, Hartwell Primary School, and the all-girls Catholic secondary school, Siena College. Many residents also attend elite private schools in neighbouring suburbs.
Green spaces are abundant, providing residents with ample recreational opportunities. Notable parks include Riversdale Park, with its adventure playground and sports facilities, the picturesque Fordham Gardens, and the expansive Frog Hollow Reserve. The famous Camberwell Sunday Market, a Melbourne institution since 1976, attracts visitors from across the city with its vast array of vintage goods, antiques, and crafts.
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Official figures are cited in the figures block above. Editorial review: 14 May 2026.
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