Market snapshot
Suburb insights for Murrumbeena3163
Change suburbMurrumbeena is located 13 km south-east of the CBD. It is a residential suburb bounded by Princes Highway in the North. The suburb is well served by buses and trains. There are a small retail and commercial focus surrounding the Murrumbeena Railway Station and a strip of commercial zoning along Poath Road. The suburb has good access to a range of parks including Duncan Mackinnon Reserve Mallanbool Reserve Boyd Park and Murrumbeena Park.
Recent sales and auction results in Murrumbeena
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 309/119 Poath Rd, Murrumbeena | 2 |  | Apartment | Auction Sale | 20/07/2024 | Areal Property Point Cook | View |
| 18/1 Kitmont St, Murrumbeena | 1 |  | Apartment | Sold Before Auction | 9/07/2024 | Gary Peer & Associates | View |
Sales data
Median sale price
$1.7mil
Quarterly price change
-9.8%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $1,647,500 | $810,000 |
| 4 | $1,885,000 | $955,000 |
| Insight | Murrumbeena | Metro comparison |
|---|---|---|
| Clearance rate | 81.6% | 73.8% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$700
Rental yield
2.1%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $700 | $540 |
| 4 | $1,000 | $580 |
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