2/488 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

2/488 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 803m2
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Property Details for 2/488 Neerim Rd, Murrumbeena

2/488 Neerim Rd, Murrumbeena is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 803m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2010
Floor Size
61m2
Land Size
803m2
Local Government
Glen Eira
Lot/Plan
2/PS627554

Last Listing description (May 2021)

This expansive open-plan courtyard apartment of epic proportions (58 sqm internally) offers a beautifully balanced indoor & outdoor lifestyle. In immaculate condition throughout, it's been owner-occupied from day one. Secluded & secure with a flawless floor plan flowing effortlessly out to a substantial outdoor space with extra high fencing, providing uncompromising privacy & serenity whether you love soaking up the afternoon sun or you're an enthusiastic entertainer, it's so rare to find a single bedroom home as superbly spacious as this, with a perfectly proportioned outdoor area.

The enviable outdoor area including undercover al fresco zone off the indoor living, is so totally well protected from any public or common areas (literally, your own hidden oasis to escape to or enjoy with friends & family) it'd be easy to forget you're actually right in the heart of the marvellous Murrumbeena Village, offering complete convenience with train station, shops and a significant selection of quality cafes & eateries. If you have a city-based job, you won't even need a car, as this flawless "diamond" domain is centrally located, just a short walk to Koornang cafes & restaurants. In the opposite direction, Chadstone shopping is also within walking distance or just a to minute drive. With terrific transport options, charismatic cafes and a plethora of parks to choose from, it's no wonder the modern version of Murrumbeena has morphed into the trendy place it's come to be.


Beyond the security entrance with intercom and secure basement carpark with remote & storage, you can't help but notice this boutique block of just 21 is proactive in keeping the common areas clean & pristine. Step inside to a central hall leading through to the open plan living, dining & kitchen area or side step into the big bathroom which doubles up as a practical powder room for guests (not ensuite) and double bedroom with wall to wall, ceiling to floor mirrored BIR. There's no shortage of cupboards, the kitchen includes gas cooking and dishwasher, plus there's a split system heater/cooler, but you won't need it very often as this awesome apartment is so well insulation from the elements that it stays cool in the summer warm in the winter, without blowing your energy bill. Vacant possession, no work required, just move in and enjoy.

Property History for 2/488 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$451,000
28 May 2021
  • 28 May 2021
    Sold for $451,000
  • 10 May 2021
    Listed for Sale $380,000 - $418,000
  • 11 Oct 2016
    Sold for $405,000
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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.