16 Velra Avenue, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

16 Velra Avenue
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 558m2
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Property Details for 16 Velra Ave, Murrumbeena

16 Velra Ave, Murrumbeena is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 558m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Land Size
558m2
Local Government
Glen Eira
Lot/Plan
55/LP12999

Last Listing description (March 2024)

Come for the land, stay for the charm, zone in on educational opportunity today ...and timeless appeal for tomorrow. Beautifully sited on a tightly-held streetscape of lovely late-period homes, this approx557sqm property comes with an enchanting Art Deco-detailed dream home... and the perfect amount of land to build the dream!

Zone in on the perfect-sized family block in this prime pocket of the McKinnon Secondary College Zone and see through your vision for prestige family living with room for garage, gardens and perhaps a pool. Alternatively, share out the site with a clever dual-occupancy project (Subject to Council Approval) designed to capitalise on these manageable proportions.

There's also an excellent opportunity to share the love for the super-solid 2 bedroom home with separate lounge and dining already here. A superior example of its time, graced with the best detail of the period, this charming home features solid hardwood floors alongside never-painted timberwork, an impressive tapestry-brick mantle to suit a new gasfire, and lofty deep-corniced ceilings. There's even a pretty porthole window adding to the sense of entry!

Already updated with ducted climate control and an alarm with quality window furnishings in place, and carport and garage in the backyard, this vintage beauty will, at the very least, continue to pay its way with the possibly of an excellent on-going tenant, until it's time to build on the Zone potential.

Property History for 16 Velra Ave, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$1,487,000
23 Mar 2024
  • 23 Mar 2024
    Sold for $1,487,000
  • 27 Feb 2024
    Listed for Sale $1,300,000-$1,350,000
  • 20 Sep 2018
    Transferred
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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 19.31% increase in median value, while Units have seen a -1.05% decrease. As at 30 November 2025:

  • The median value for Houses in Murrumbeena is $1,722,104 while the median value for Units is $600,007.
  • Houses have a median rent of $650 while Units have a median rent of $495.
There are currently 11 properties listed for sale, and 9 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 286 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.