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.
Sales data
Median sale price
$1.8mil
Quarterly price change
16.8%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,450,000 | $807,000 |
| 4 | $1,872,500 | $950,000 |
| Insight | Murrumbeena | Metro comparison |
|---|---|---|
| Clearance rate | 57.1% | 72.6% |
| Days on market | 44 | 43 |
Rental data
Median weekly rent
$700
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Murrumbeena | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $650 | $550 |
| 4 | $828 | $600 |
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