Murrumbeena, VIC 3163
Compare Part of Glen Eira
12.56 km
Distance from Melbourne CBD
31 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 18a Wallace Avenue 4 3 2 Townhouse | 2:00 PM Sat 27th Apr | Slater & Levin |
| 18a Wallace Avenue 4 3 2 Townhouse | 2:00 PM Sat 27th Apr | Slater & Levin |
 | 2/192 Murrumbeena Road 3 2 2 Unit | 2:30 PM Sat 27th Apr | Gary Peer & Associates Carnegie |
| 2/192 Murrumbeena Road 3 2 2 Unit | 2:30 PM Sat 27th Apr | Gary Peer & Associates Carnegie |
 | 1 Thaxted Road 3 2 1 House | 3:00 PM Sat 27th Apr | Woodards |
| 1 Thaxted Road 3 2 1 House | 3:00 PM Sat 27th Apr | Woodards |
Thu 2 May | Auction Time | Agency | |
|---|---|---|---|
 | 10/9 Toward Street 1 1 1 Apartment | 6:00 PM Thu 2nd May | Ray White |
| 10/9 Toward Street 1 1 1 Apartment | 6:00 PM Thu 2nd May | Ray White |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 6/29 Railway Parade 1 1 1 Unit | 11:00 AM Sat 4th May | Ray White |
| 6/29 Railway Parade 1 1 1 Unit | 11:00 AM Sat 4th May | Ray White |
 | 514A Neerim Road 4 2 2 House | 1:30 PM Sat 4th May | Buxton |
| 514A Neerim Road 4 2 2 House | 1:30 PM Sat 4th May | Buxton |
 | 3/119 Murrumbeena Road 2 1 2 Unit | 2:30 PM Sat 4th May | Gary Peer & Associates Carnegie |
| 3/119 Murrumbeena Road 2 1 2 Unit | 2:30 PM Sat 4th May | Gary Peer & Associates Carnegie |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $755,000 | 0.0% | $275,000 | $2,000,000 | 82 |
| 2010 | $840,000 | +10.1% | $321,000 | $2,680,000 | 98 |
| 2011 | $821,000 | -2.3% | $427,500 | $1,606,500 | 56 |
| 2012 | $775,000 | -5.9% | $220,000 | $2,700,000 | 75 |
| 2013 | $866,000 | +10.5% | $620,000 | $2,150,000 | 85 |
| 2014 | $970,000 | +10.7% | $638,000 | $1,925,000 | 91 |
| 2015 | $1,200,000 | +19.2% | $710,000 | $2,435,000 | 89 |
| 2016 | $1,260,000 | +4.8% | $435,000 | $2,551,250 | 72 |
| 2017 | $1,470,000 | +14.3% | $669,800 | $2,365,000 | 75 |
| 2018 | $1,355,000 | -8.5% | $700,000 | $1,860,000 | 58 |
| 2019 | $1,259,000 | -7.6% | $550,000 | $2,265,000 | 55 |
| 2020 | $1,321,000 | +4.7% | $715,000 | $2,122,000 | 55 |
| 2021 | $1,660,000 | +20.4% | $1,150,000 | $2,955,000 | 80 |
| 2022 | $1,580,000 | -5.1% | $848,000 | $3,680,000 | 77 |
| 2023 | $1,750,000 | +9.7% | $820,000 | $3,800,000 | 52 |
| 2024 | $1,900,000 | +7.9% | $1,487,000 | $2,176,000 | 12 |
Median Sale Price
$1.75M
Based on 51 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+9.9%
Current Median Price: $1,750,000
Previous Median Price: $1,576,000
Based on 117 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $465 | 0.0% | $230 | $850 | 79 |
| 2012 | $450 | -3.3% | $210 | $950 | 76 |
| 2013 | $450 | 0.0% | $240 | $1,000 | 90 |
| 2014 | $530 | +15.1% | $310 | $850 | 78 |
| 2015 | $495 | -7.1% | $195 | $1,950 | 105 |
| 2016 | $490 | -1.0% | $245 | $980 | 88 |
| 2017 | $520 | +5.8% | $250 | $925 | 72 |
| 2018 | $550 | +5.5% | $310 | $1,150 | 90 |
| 2019 | $570 | +3.5% | $275 | $1,000 | 77 |
| 2020 | $575 | +0.9% | $195 | $930 | 67 |
| 2021 | $600 | +4.2% | $175 | $1,130 | 94 |
| 2022 | $600 | 0.0% | $270 | $1,150 | 101 |
| 2023 | $700 | +14.3% | $500 | $1,400 | 51 |
| 2024 | $730 | +4.1% | $360 | $1,100 | 16 |
Median Rent Price
$745
per week
Based on 57 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+19.5%
Current Median Rent: $745
Previous Median Rent: $600
Based on 131 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,750,000
Current Median rent: $745
Based on 108 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Murrumbeena
Houses sold in Last 12 months ends 20 Apr 2024
$1.72M
Median Sale Price
65%
Clearance Rate
24/37
Sold/Reported
$3.32M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M (Median Price Range) | 2 | |
| $1.4 M - $1.6 M | 4 | |
| $1.2 M - $1.4 M | 2 | |
Similar Suburbs to Murrumbeena 3163
Based on median house sale price sold in last 12 months
Schools closest to Murrumbeena, VIC 3163
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Murrumbeena Primary SchoolTop 100 | HOBART ROADMurrumbeena 3163 | Primary | Government | 0.52 km |
| Holy Eucharist School | 1241 DANDENONG RDMalvern East 3145 | Primary | Catholic | 0.75 km |
| St Patrick's School | 3 DALNY RDMurrumbeena 3163 | Primary | Catholic | 1.3 km |
| Carnegie Primary SchoolTop 100 | 51 TRUGANINI ROADCarnegie 3163 | Primary | Government | 1.11 km |
| Oakleigh Grammar | 73-79 WILLESDEN RDOakleigh 3166 | Combined | Independent | 1.45 km |
| Malvern Valley Primary School | ABBOTSFORD AVENUEMalvern East 3145 | Primary | Government | 1.66 km |
| Solway Primary School | WINTON ROADAshburton 3147 | Primary | Government | 1.99 km |
| Hughesdale Primary School | BRINE STREETHughesdale 3166 | Primary | Government | 1.9 km |
| Lloyd Street Primary School | LLOYD STREETMalvern East 3145 | Primary | Government | 2.24 km |
| Sacred Heart Girls' CollegeTop 100 | CNR KANGAROO & WARRIGAL RDSHUGHESDALE 3166 | Secondary | Catholic | 2.02 km |