Market snapshot

Suburb insights for Murrumbeena3163

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Murrumbeena 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
12 George St, Murrumbeena4PriceHouse (Res)Auction Sale22/06/2024Gary Peer & AssociatesView
8A Howe St, Murrumbeena4PriceTownhouse (Res)Sold Before Auction19/06/2024Jellis CraigView

Sales data

Median sale price
$1.9mil
Quarterly price change
12.9%
Metro Melbourne Comparison
$929k
2%
BedroomsMurrumbeenaMetro comparison
2-$920,000
3$1,560,000$810,000
4$2,250,000$965,000
InsightMurrumbeenaMetro comparison
Clearance rate71.4%75.3%
Days on market3440

Rental data

Median weekly rent
$745
Rental yield
2.2%
Metro Melbourne Comparison
$550
3.1%
BedroomsMurrumbeenaMetro comparison
2-$550
3$700$520
4$1,050$575
Median data for the current quarter

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