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Investment Property Murrumbeena, VIC, 3163

Suburb Snapshot

Murrumbeena is a suburb in the Glen Eira Region of Victoria. Murrumbeena has a population of 9,931 people and 34.02% of its occupants live in rental accommodation. The median listing price for houses is $1,600,000 and this has changed 3.09% over the past year and changed 10.34% over 2 years.

The median rent in Murrumbeena for houses is $750 per week and the median rental yield is 2.43%. Stock on the market for houses/townhouses has changed -26.32% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $505,000 and this has changed 2.02% over the past year. The average unit takes 79 days to sell and the median rent for a unit in Murrumbeena is $430 per week, producing a rental yield of 4.42%.

Supply & Demand in Murrumbeena, Glen Eira

1.09%

Current vacancy rate


53

Rental stock available


9,931

Population


34.02%

Rental population


1.14%

Current vacancy rate


790

Rental stock available


140,876

Population


30.13%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Murrumbeena, Glen Eira

  House Townhouses Units
Median listing price $1,600,000 $1,215,000 $505,000
Median price change - last quarter 1.45% -3.37% 4.00%
Median price change - 1 year 3.09% -2.80% 2.02%
Median price change - 2 years 10.34% 15.71% 9.78%
  House Townhouses Units
Median weekly rent $750 $800 $430
Median yield % 2.43% 3.42% 4.42%
Median rent change - 1 year 0.67% 10.34% 2.38%
  House Units
Previous month sales 7 6
Stock on market previous month 28 28
Stock variance vs. last year -26.32% -15.15%
Average days on market 61 79

Murrumbeena investment property listings

Showing 5 of 105 investment properties found in Murrumbeena on realestateinvestar.com.au

8/178 Murrumbeena Rd, Murrumbeena

$899,000

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Light-Filled Oasis in Easy-Care Surrounds

Secure, spacious and incredibly private, this beautifully presented two-storey executive residence is the ultimate lifestyle base. Filled with abundant natural light and stylishly appointed, it is complemented by established yet easy-to-care-for surrounds and is just moments from a fabulous array ...

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Townhouse

VIC 3163


13 Thomson Ave, Murrumbeena

$1,500,000

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Refined Period Beauty with Exceptional Family Space and Separate

WHAT Elegant, timeless and beautifully rich in character, this enchanting Murrumbeena residence delivers refined family living framed by lush established gardens and classic period charm. Graceful interiors showcase ornate cornices, vintage chandeliers, oversized windows and solid timber ...

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House

VIC 3163


16/5 Murrumbeena Rd, Murrumbeena

$525,000

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Sun, space & superb lifestyle convenience

Bathed in sunlight & securely positioned on the top floor of a contemporary block, this beautifully appointed apartment delivers impressive proportions & a superb low maintenance lifestyle. Polished timber flooring flows throughout the well planned interior, where a wonderfully expansive open plan ...

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Unit

VIC 3163


203/79 Poath Rd, Murrumbeena

$445,000

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Spacious Living, Large Balcony & Unbeatable Convenience in a Pri

• Expansive open-plan living and dining area designed for comfort and flexibility • Large undercover balcony ideal for entertaining or relaxing year-round • Two spacious bedrooms, both with windows for natural light and airflow • Stylish kitchen with stainless steel ...

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Unit

VIC 3163


8/36 Rosella St, Murrumbeena

$339,000

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Nest or invest

This perfectly presented, spacious ground floor single bedroom apartment is an ideal opportunity for a first home buyer or an excellent portfolio builder for an astute investor. Comprising an entry hall, spacious living room with east facing balcony, separate kitchen with gas cooking & informal ...

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Unit

VIC 3163


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