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Unit 2,
34 RAILWAY PARADE Murrumbeena VIC 3163

This property is Off Market

All about Murrumbeena Homes for sale in Murrumbeena


  • The Average property price in this area is $1,434,853, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 7.70 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Ray White 8 BUTE ST, 1100000 2 Beds - 1 Baths - 1 Parking Within 0.2 km Fletchers 5 KITMONT ST, Sold $2,075,000 4 Beds - 3 Baths - 2 Parking Within 0.2 km Harcourts FLAT 101, 67B POATH RD, Auction 18 Jun 2022 2 Beds - 2 Baths - 1 Parking Within 0.3 km Ray White UNIT 2, 59 POATH RD, 700000 2 Beds - 1 Baths - 2 Parking Within 0.3 km Ray White 32 INNELLAN RD, 1140000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Woodards 19 ARDYNE ST, $1,950,000 - $2,050,000 4 Beds - 2 Baths - 2 Parking Within 0.4 km Woodards UNIT 3, 512 NEERIM RD, $750,000 - $820,000 2 Beds - 1 Baths - 1 Parking Within 0.5 km Harcourts 14 DUNOON ST, Auction 4 Beds - 1 Baths - 1 Parking Within 0.5 km Professionals FLAT 1, 100 MURRUMBEENA RD, Under Contract 4 Beds - 3 Baths - 2 Parking Within 0.6 km Ray White FLAT 4, 167 MURRUMBEENA RD, 350000 1 Beds - 1 Baths - 1 Parking Within 0.8 km Fletchers FLAT 5, 176 MURRUMBEENA RD, Auction $275,000-$295,000 1 Beds - 1 Baths - 1 Parking Within 0.8 km Woodards UNIT 1, 28 SYDNEY ST, $650,000 - $690,000 2 Beds - 2 Baths - 1 Parking Within 0.8 km Woodards UNIT 1, 8 MAUDE ST, $1,130,000 2 Beds - 1 Baths - 1 Parking Within 0.8 km Ray White FLAT 1, 21 HOBART RD, 380000 1 Beds - 1 Baths - 1 Parking Within 0.8 km Woodards UNIT 1, 2 MAUDE ST, $1,200,000 - $1,320,000 4 Beds - 2 Baths - 2 Parking Within 0.9 km Fletchers FLAT 9, 22 MURRUMBEENA RD, For Sale Private Sale 1 Beds - 1 Baths - 1 Parking Within 0.9 km Fletchers FLAT 4, 1216 DANDENONG RD, Sold 2 Beds - 1 Baths - 1 Parking Within 1.0 km Ray White FLAT 12, 1216 DANDENONG RD, 295000 1 Beds - 1 Baths - 1 Parking Within 1.0 km Ray White 215 MURRUMBEENA RD, 1275000 3 Beds - 1 Baths - 2 Parking Within 1.1 km Ray White 23 LEURA ST, 2000000 4 Beds - 2 Baths - 2 Parking Within 1.1 km Woodards 5 BEAUVILLE AV, $1,200,000 - $1,300,000 2 Beds - 1 Baths - 2 Parking Within 1.1 km

Recently Sold Properties in this Area

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About Murrumbeena

With an average age of 37, households expect an average monthly mortgage payment of $1,750 or a weekly rent payment of $415. The average family earns a weekly income of $2,799 with a typical household size of 1.9 and a 98.0% employment rate.

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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 767 asthma sufferers and 347 people living with diabetes. In addition, 370 people have a heart/vascular condition and 570 people live with three or more chronic diseases.

A good place to invest in property?

Murrumbeena a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

69 / 100

52 / 100

Industry

22 / 100

17 / 100

Population

31 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

36 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Murrumbeena Primary School Glen Eira College

Property Story

Unit 2, 34 Railway Parade, Murrumbeena, Vic, 3163 is a residential property . The estimated distance to the sea is 7.7km and at least 3.14KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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