Murrumbeena, VIC 3163

Murrumbeena, VIC 3163

Compare Part of Glen Eira

12.56 km
Distance from CBD
31 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 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
$1,780,000
 +1.7% $972,000 $2,920,000 52
Median Sale Price
$1.78M
Based on 52 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+1.7%
Current Median Price: $1,780,000
Previous Median Price: $1,750,000
Based on 104 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 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 $1,200 94
2022
$600
 0.0% $280 $1,280 101
2023
$700
 +14.3% $500 $1,400 52
2024
$730
 +4.1% $350 $1,200 56
Median Rent Price
$730
per week
Based on 56 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+4.1%
Current Median Rent: $730
Previous Median Rent: $700
Based on 108 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $1,780,000
Current Median rent: $730
Based on 108 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Murrumbeena

Houses sold in Last 12 months ends 21 Dec 2024

$1.7M

Median Sale Price

63%

Clearance Rate

27/43

Sold/Reported

$2.92M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 5
$1.8 M - $2 M 3
$1.6 M - $1.8 M
(Median Price Range)		 2
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 1
$800 K - $1 M 1

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