31/981 North Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

31/981 North Road
Murrumbeena VIC 3163

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 667m2
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Property Details for 31/981 North Rd, Murrumbeena

Building Type
Commercial
Land Size
667m2
Local Government
Glen Eira
Lot/Plan
31/PS616032

Last Listing description (October 2025)

RWC (Oakleigh) is pleased to offer for lease 31/981 North Road, Murrumbeena.

Located in a well-maintained office building on bustling North Road, this versatile office suite offers a secure and low-maintenance workspace in the thriving heart of Murrumbeena. Positioned between major arterials, the property provides excellent connectivity to the Monash Freeway (M1), Nepean Highway, and Dandenong Road (Princes Highway). It's also conveniently close to Murrumbeena Train Station, as well as bus services along North Road.


Key Features:

• Total lettable area: 25m²*
• Includes one (1) secure, allocated car space
• Carpeted office with split system heating & cooling
• Comes furnished with 3x desks, 2x four-drawer filing cabinets, 1x credenza

An ideal solution for consultants, professionals or small businesses seeking a turnkey office in a well-connected inner-southeast location.

For further information please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agent

Property History for 31/981 North Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$110,000
13 May 2013
Listed for Rent
$144/w
09 Oct 2025
  • 03 Jun 2025
    Listed for Rent - Price not available
  • 29 Mar 2021
    Listed for Rent $5,000 / year
  • 07 Apr 2020
    Listed for Rent $5,158 / year
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About Murrumbeena 3163

The size of Murrumbeena is approximately 2.6 square kilometres. It has 8 parks covering nearly 9.6% of total area. The population of Murrumbeena in 2016 was 9926 people. By 2021 the population was 9996 showing a population growth of 0.7% in the area during that time. The predominant age group in Murrumbeena is 30-39 years. Households in Murrumbeena are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumbeena work in a professional occupation.In 2021, 61.60% of the homes in Murrumbeena were owner-occupied compared with 59.50% in 2016.

Murrumbeena has 5,766 properties. Over the last 5 years, Houses in Murrumbeena have seen a 16.30% increase in median value, while Units have seen a 2.35% increase. As at 31 January 2026:

  • The median value for Houses in Murrumbeena is $1,703,486 while the median value for Units is $621,948.
  • Houses have a median rent of $685 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 11 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 293 properties were sold in the past 12 months in Murrumbeena.

Suburb Insights for Murrumbeena 3163

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.