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 |
|---|---|---|---|---|---|---|---|
| 1/29 Kangaroo Rd, Murrumbeena |  | Unit | Sold Before Auction | 17/12/2024 | Woodards |
Sales data
Median sale price
$1.6mil
Quarterly price change
-5.9%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,520,000 | $807,500 |
| 4 | $1,885,000 | $950,000 |
| Insight | Murrumbeena | Metro comparison |
|---|---|---|
| Clearance rate | 60.6% | 73.3% |
| Days on market | 41 | 42 |
Rental data
Median weekly rent
$700
Rental yield
2.2%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $695 | $550 |
| 4 | $1,000 | $595 |
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