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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

Drive times

School Catchments

Property For Sale Nearby

Harcourts FLAT 101, 67B POATH RD, Auction 18 Jun 2022 2 Beds - 2 Baths - 1 Parking Within 0.3 km Ray White FLAT 4, 167 MURRUMBEENA RD, 330000 1 Beds - 1 Baths - 1 Parking Within 0.8 km Fletchers FLAT 10, 176 MURRUMBEENA RD, For Sale $325,000 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 Fletchers FLAT 9, 22 MURRUMBEENA RD, For Sale Private Sale 1 Beds - 1 Baths - 1 Parking Within 0.9 km Ray White 215 MURRUMBEENA RD, 1195000 3 Beds - 1 Baths - 2 Parking Within 1.1 km Ray White 23 LEURA ST, 2275000 4 Beds - 2 Baths - 2 Parking Within 1.1 km

Recently Sold Properties in this Area

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

Stop 66: Glenhuntly Road tram

Stop 67: Centre Road tram

Stop 65: Mimosa Road tram

Stop 64: Mernda Avenue tram

Stop 63: Maroona Road tram

Stop 68: Koornang Road

General Points of Interest

St Patrick's Tennis Club Mentone shopping

Como Centre monument

Lest We Forget monument

Admiral Creswell Memorial golf

Sandringham Golf Course monument

William C.F. Almeida monument

McKinnon Obelisk

Academy Swimming Pool stadium

Hockey Pavillion golf

Malvern Valley Public Golf Course

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Glen Eira College Murrumbeena Primary School
St Patrick's School
Murrumbeena, VIC, 3163 Independent Prep-6
Oakleigh Primary School
Oakleigh, VIC, 3166 State Prep-6
Malvern Valley Primary School
Malvern East, VIC, 3145 State Prep-6
Solway Primary School
Ashburton, VIC, 3147 State Prep-6
Oakleigh Grammar
Oakleigh, VIC, 3166 Independent Prep-12
Sacred Heart Girls' College
Oakleigh, VIC, 3166 Independent 7-12
Murrumbeena Primary School
Murrumbeena, VIC, 3163 State Prep-6

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

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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