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Nearby Suburbs
Real Estate Market: Is Murrumbeena VIC 3163 a Good Suburb to Buy Into?
Housing Market in Murrumbeena
Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
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| $846 | Top 9% |
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Housing Supply in Murrumbeena
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Murrumbeena
29.8%
Murrumbeena
29.8%
Melbourne
28.8%
Melbourne
28.8%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 354 | Top 11% |
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| 0.9 | Bottom 32% | Data for Jul 2023 | ||
| 90.9 | Top 2% | Data for May 2023 | ||
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| 2 lots | Bottom 15% |
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| 20 | Top 8% |
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Housing Stock Quality in Murrumbeena
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 45.7% | Bottom 3% |
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| 2.4 | Bottom 42% | Data for Jan 2021 | ||
| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Murrumbeena
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Murrumbeena
24.6%
Murrumbeena
24.6%
Melbourne
36.9%
Melbourne
36.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 2.7 sq km | Bottom 28% | Data for Jan 2021 | ||
| 0.1 sq km | Top 31% | Data for Jun 2023 | ||
| 254 sqm per resident | Bottom 6% | Data for Jan 2021 |
Risk in Murrumbeena
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Murrumbeena
45.5
Murrumbeena
45.5
Melbourne
49.7
Melbourne
49.7
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 68.0% | Bottom 5% |
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| 32.0% | Top 5% |
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| 64 | Top 5% | Data for Jun 2023 | ||
| $2,020 | Top 44% |
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| 72 | Bottom 18% | Data for Jun 2023 | ||
| 74 | Bottom 35% | Data for Jun 2023 | ||
| 24.2% | Top 39% |
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| 35.1% | Bottom 40% |
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Housing Demand in Murrumbeena
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Murrumbeena
86.7%
Murrumbeena
86.7%
Melbourne
82.9%
Melbourne
82.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| 10500 | Bottom 41% |
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| 165000 | Top 9% |
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| 187000 | Top 8% |
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Unit Market in Murrumbeena
Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $568 | Top 25% |
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| 37.7% | Bottom 2% |
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Median House Rental Prices by Street (28)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 107192 | Gilsland Rd | 13 Mar 2025 | $987 |
| 107186 | Gerald St | 13 Mar 2025 | $795 |
| 107092 | Donal St | 13 Mar 2025 | $695 |
| 107099 | Dunoon St | 13 Mar 2025 | $800 |
| 107290 | Howe St | 13 Mar 2025 | $787 |
Realtors (4)
| Headline | Place | Datetime |
|---|---|---|
| Acquisitions of Distinction | 484 Neerim Rd | |
| Gary Peer & Associates (Murrumbeena) | 71 Murrumbeena Rd | |
| RealEstateReview.com.au | 502 Neerim Rd | |
| Thomson Real Estate | 71 Murrumbeena Rd |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Glen Eira |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $712,000 | Murrumbeena Rd |
| 10 May 2024 | $472,500 | Railway Pde |
| 10 May 2024 | $550,000 | Poath Rd |
| 10 May 2024 | $448,500 | Neerim Rd |
| 10 May 2024 | $750,000 | Kangaroo Rd |
Planning Applications: Other (34)
| Headline | Place | Date |
|---|---|---|
| Proposed amendments to endorsed plans: Alterations to Existing Children's Rooms 1 & 2. - City of Glen Eira GE/SECCON-2130/2025 | 103-105 Murrumbeena Road Murrumbeena VIC 3163 | 09 Mar 2025 |
| Exposed concrete driveway with pavers and an extra car space where previously there was lawn - City of Glen Eira GE/SP-37673/2025 | 33 Beauville Avenue Murrumbeena VIC 3163 | 20 Feb 2025 |
| We are looking to install a motorised louvre roof system in the back yard of the property for weather protection - City of Glen Eira GE/SP-37631/2025 | 44A Wallace Avenue Murrumbeena VIC 3163 | 01 Feb 2025 |
| Use of the land for the sale and consumption of liquor associated with food and drink premises - City of Glen Eira GE/CP-37582/2024 | 115 Poath Road Murrumbeena VIC 3163 | 19 Dec 2024 |
| Use of the land for the sale and consumption of liquor associated with food and drink premises - City of Glen Eira GE/CP-37582/2024 | 115 Poath Road Murrumbeena VIC 3163 | 19 Dec 2024 |
Planning Applications: Dwellings (65)
| Headline | Place | Date |
|---|---|---|
| Existing permit allows: CAUL5804 Removal of existing dwelling for the constuction of a four dwelling multi unit development. Proposed amendments: Replacement of existing staggered vertical timber picket fence of minimum height 1.65 m and maximum height of 1.8 m with a horizontal slat aluminium fence of height 1.8 m, located in the exact same position as the existing fence, and of the closest matching Colorbond colour. - City of Glen Eira GE/PP-5804/1991/A | Unit 1 43 Kangaroo Road Murrumbeena VIC 3163 | 18 Feb 2025 |
| Construction of a front fence greater than 1.5m in height associatied with a dwelling on a lot less than 300 square metres - City of Glen Eira GE/VS-1006/2025 | Unit 1 43 Kangaroo Road Murrumbeena VIC 3163 | 11 Feb 2025 |
| Extension of time to an existing permit that allows: Demolition of the existing dwelling and construction of a new double storey dwelling on land affected by the Neighbourhood Character Overlay and construction of a front fence within the Design and Development Overlay - City of Glen Eira GE/EXT-5141/2025 | 5 Lawrance Street Murrumbeena VIC 3163 | 11 Feb 2025 |
| Extension of time to an existing permit that allows: Partial demolition, alterations and an extension to a single storey dwelling on land affected by the Heritage Overlay - City of Glen Eira GE/EXT-5132/2025 | 24 Beauville Avenue Murrumbeena VIC 3163 | 01 Feb 2025 |
| Existing permit allows: Partial demolition, alterations and additions to the existing dwelling on land affected by the Heritage Overlay Proposed amendments: Add a new driveway, include heritage bricks inline with the house. Extend current pergola. Erect a garden shed - City of Glen Eira GE/PP-27726/2015/A | 7 Dalny Road Murrumbeena VIC 3163 | 29 Jan 2025 |
Planning Applications: Industrial (1)
| Headline | Place | Date |
|---|---|---|
| The land is currently used for warehouse & restricted retail. The proposed use of the land is "motor repairs" for a mycar service centre. Approval is also sought for signage (illuminated) and buildings and works per the proposed plans. - City of Glen Eira GE/CP-37170/2024 | 1192-1196 Dandenong Road Murrumbeena VIC 3163 | 12 Jun 2024 |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 10.0% | Beauville Ave |
| 0.0% | Anzac St |
| 45.8% | Ardyne St |
| 38.6% | Ariadne Ave |
| 83.0% | Arthur St |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 81.6% | Ardyne St | average turnover | Every 12.3 years (average turnover) | 2025 |
| 63.6% | Nangana Rd | quite tightly held | Every 15.7 years (quite tightly held) | 2025 |
| 54.5% | Wilson St | quite tightly held | Every 18.3 years (quite tightly held) | 2025 |
| 40.0% | Burns Ave | very tightly held | Every 25.0 years (very tightly held) | 2025 |
| 40.0% | Ella St | very tightly held | Every 25.0 years (very tightly held) | 2025 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 32 Innellan Rd | Price Withheld | 2.0 | 1.0 | 1.0 | 04 Mar 2025 | 0 | On Market |
| 36 Howe St | $1,575,000 | 3.0 | 1.0 | 4.0 | 01 Mar 2025 | 0 | On Market |
| 36 Howe St | $1,575,000 | 3.0 | 1.0 | 01 Mar 2025 | 0 | On Market | |
| 49 Reid St | $1,350,000 | 3.0 | 1.0 | 2.0 | 26 Feb 2025 | 0 | On Market |
| 26 Doris St | Price Withheld | 3.0 | 1.0 | 3.0 | 15 Feb 2025 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Sydney St | 10 May 2024 | $1,375,000 |
| Wallace Ave | 10 May 2024 | $1,619,000 |
| Velra Ave | 10 May 2024 | $1,558,000 |
| Strathearn Ave | 10 May 2024 | $1,210,000 |
| Rosella St | 10 May 2024 | $1,158,000 |
Businesses (63)
| Name | Address |
|---|---|
| RICCON Development & Constructions | 1 Katrina Ave, Murrumbeena VIC 3163, Australia |
| Taljak Constructions Pty Ltd | Unit 27/993 North Rd, Murrumbeena VIC 3163, Australia |
| Archivision | 20/981 North Rd, Murrumbeena VIC 3163, Australia |
| P & M Structures | 9/981 North Rd, Murrumbeena VIC 3163, Australia |
| Mega M Group | 227 Murrumbeena Rd, Murrumbeena VIC 3163, Australia |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 2, 4 Hobart Rd | $700 | 3.0 | 1.0 | 0.0 | 11 Mar 2025 |
| Unit 3, 33 Kangaroo Rd | $500 | 2.0 | 1.0 | 1.0 | 11 Mar 2025 |
| Unit 11, 488-490 Neerim Rd | $425 | 1.0 | 1.0 | 0.0 | 24 Feb 2025 |
| Unit 11, 488-490 Neerim Rd | $425 | 1.0 | 1.0 | 0.0 | 24 Feb 2025 |
| Unit 11, 488-490 Neerim Rd | $425 | 1.0 | 1.0 | 0.0 | 24 Feb 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 60 Kangaroo Rd | $895 | 3 | 2 | 2 | 07 Mar 2025 | 0 |
| 60 Kangaroo Rd | $895 | 3 | 2 | 2 | 07 Mar 2025 | 0 |
| Unit 2, 33 Kangaroo Rd | $590 | 2 | 1 | 1 | 25 Feb 2025 | 0 |
| Unit 3, 40 Hobart Rd | $1,495 | 4 | 3 | 2 | 24 Feb 2025 | 0 |
| Unit 3, 40 Hobart Rd | $1,495 | 4 | 3 | 2 | 24 Feb 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 1, 13 Walker St | $895,000 | 2.0 | 1.0 | 1.0 | 01 Mar 2025 | On Market |
| Unit 5, 33 Howe St | Price Withheld | 3.0 | 2.0 | 2.0 | 01 Mar 2025 | On Market |
| Unit 1, 13 Walker St | $895,000 | 2.0 | 1.0 | 1.0 | 01 Mar 2025 | On Market |
| Unit 1, 13 Walker St | $895,000 | 2.0 | 1.0 | 1.0 | 01 Mar 2025 | On Market |
| Unit 5, 33 Howe St | Price Withheld | 3.0 | 2.0 | 2.0 | 01 Mar 2025 | On Market |
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