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Murrumbeena
VIC, 3163 - Glen Eira

Thinking about buying in Murrumbeena? Now could not be a better time, with 5820 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,411,000 with prices in this suburb ranging from $267,000 to $7,369,000. Murrumbeena is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $454.82
Median Monthly Mortgage $2298.86
Median Persons Per Bedroom 0.93
Average Household Size 2.55
Average Age 39.50
Average Income $1000.18
Average Cars Per Dwelling 1.58
Average Properties Within 50M 32

Housing Stock

Average Property Prices

1 Bed  $1,297,000
2 Bed  $1,260,000
3 Bed  $1,992,000
4 Bed  $2,338,000
5 Bed  $2,676,000
6 Bed+$3,321,000

Murrumbeena Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Murrumbeena driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Murrumbeena ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Murrumbeena provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Murrumbeena necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Murrumbeena

Belle Property 7 VELRA AV, MURRUMBEENA, VIC, 3163 Beds4 Bathrooms2 Parking 1 $1,600,000 - $1,700,000
Buxton FLAT 4, 47 HOBART RD, MURRUMBEENA, VIC, 3163 Beds1 Bathrooms1 Parking 1 Private Sale ending Weds 27th March at 6pm
Buxton 49 REID ST, MURRUMBEENA, VIC, 3163 Beds3 Bathrooms1 Parking 2 $1,250,000-$1,300,000
Buxton 16 VELRA AV, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms1 Parking 2 $1,300,000-$1,350,000
Buxton FLAT 104, 41 MURRUMBEENA RD, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms2 Parking 1 Contact agent for price
Fletchers FLAT 15, 190 MURRUMBEENA RD, MURRUMBEENA, VIC, 3163 Beds1 Bathrooms1 Parking 1 For Sale $280,000 - $300,000
Harcourts FLAT 101, 67B POATH RD, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms2 Parking 1 Auction 18 Jun 2022
Harcourts 26 WAHROONGAA RD, MURRUMBEENA, VIC, 3163 Beds4 Bathrooms3 Parking 2 Contact Agent - $1,395,000 - $1,530,000
LJ Hooker FLAT 1, 11 POATH RD, MURRUMBEENA, VIC, 3163 Beds4 Bathrooms3 Parking 2 AUCTION
Ray White UNIT 1, 20 ARDYNE ST, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms2 Parking 1 630000
Ray White 28 LEURA ST, MURRUMBEENA, VIC, 3163 Beds5 Bathrooms2 Parking 3 1900000
Ray White 33 VICTORY ST, MURRUMBEENA, VIC, 3163 Beds5 Bathrooms3 Parking 2 2100000
Woodards FLAT 5, 488 NEERIM RD, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms1 Parking 1 $470,000 - $510,000
Woodards FLAT 21, 488 NEERIM RD, MURRUMBEENA, VIC, 3163 Beds1 Bathrooms1 Parking 1 $330,000 - $360,000
Woodards UNIT 3, 19 ROSELLA ST, MURRUMBEENA, VIC, 3163 Beds3 Bathrooms2 Parking 2 $1,050,000
Woodards FLAT 4, 1C KANGAROO RD, MURRUMBEENA, VIC, 3163 Beds2 Bathrooms1 Parking 1 $485,000

Local Schools

Murrumbeena Primary School

St Patrick's School

Hughesdale Primary School

Oakleigh Grammar

Mckinnon Primary School

Malvern Valley Primary School

Carnegie Primary School

Sacred Heart Girls' College

Valkstone Primary School

Sacred Heart School

(While the above schools are located with the suburb of Murrumbeena there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Murrumbeena weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

HughesdaleCarnegieMalvern EastOakleighGlen HuntlyOrmondBentleigh EastCaulfield EastChadstoneMckinnon

Public Transport


General Points of Interest

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