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
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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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 15.0 | 26.9 | 42.8 | 86.1 | 4.9 | 25.0 |
| Feb | 1.7 | 15.1 | 26.4 | 45.0 | 87.0 | 4.7 | 21.1 |
| Mar | 1.4 | 14.0 | 24.2 | 47.3 | 87.9 | 4.5 | 16.3 |
| Apr | 2.1 | 11.1 | 20.7 | 51 | 91.3 | 3.9 | 11.8 |
| May | 1.8 | 9.0 | 17.2 | 57.1 | 90.8 | 4.2 | 8.5 |
| Jun | 1.8 | 6.7 | 14.6 | 63.8 | 93.5 | 3.9 | 7.3 |
| Jul | 1.7 | 6.8 | 14.3 | 60.5 | 90.8 | 4.8 | 7.5 |
| Aug | 1.8 | 7.3 | 14.9 | 56.3 | 90.2 | 5.0 | 10.2 |
| Sept | 1.9 | 8.7 | 17.6 | 50.5 | 89.4 | 5.0 | 14.6 |
| Oct | 2.0 | 9.8 | 20.4 | 48.2 | 89.9 | 4.7 | 19.6 |
| Nov | 2.5 | 11.8 | 22.3 | 47.0 | 88.7 | 4.8 | 22.8 |
| Dec | 2.2 | 13.5 | 24.7 | 44.1 | 87.2 | 4.8 | 25.7 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 66: Glenhuntly Road - Less than 2 KM
Stop 67: Centre Road - Less than 2 KM
Stop 67: Centre Road - Less than 2 KM
Stop 65: Mimosa Road - Less than 2 KM
Stop 65: Mimosa Road - Less than 2 KM
Stop 64: Mernda Avenue - Less than 2 KM
Stop 64: Mernda Avenue - Less than 2 KM
Stop 63: Maroona Road - Less than 5 KM
Stop 63: Maroona Road - Less than 5 KM
Stop 68: Koornang Road - Less than 2 KM
General Points of Interest
St Patrick's Tennis Club Mentone - Less than 10 KM
Como Centre - Less than 10 KM
Lest We Forget - Less than 10 KM
Admiral Creswell Memorial - Less than 10 KM
Sandringham Golf Course - Less than 10 KM
William C.F. Almeida - Less than 10 KM
McKinnon Obelisk - Less than 5 KM
Academy Swimming Pool - Less than 10 KM
Hockey Pavillion - Less than 10 KM
Malvern Valley Public Golf Course - Less than 5 KM
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