3/488 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

3/488 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 803m2
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Last updated 20 Apr 2026
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Property Details for 3/488 Neerim Rd, Murrumbeena

3/488 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 71m2. While the property is not currently for sale or for rent, it was last sold in February 2011.

Building Type
Unit
Year Built
2010
Floor Size
71m2
Land Size
803m2
Local Government
Glen Eira
Lot/Plan
3/PS627554

Last Listing description (March 2017)

Spectacular one-bedroom, ground floor apartment in sought-after Murrumbeena. Close to CBD-bound trains, Murrumbeena Village, retail therapy paradise at Chadstone Shopping Centre and Koornang Rd's many notable eateries.
Enjoy top-of-the-range fittings and fixtures throughout, from the culinary kitchen with Blanco appliances, dishwasher, stone benchtops and glass splashback to the large deluxe bathroom with additional laundry facilities.
The spacious open-plan living and dining room is generously proportioned and leads out via sliding stacked doors to surprisingly large paved courtyard.

The double bedroom boasts wall-to-wall wardrobes and floods of natural light.
Off-street parking, storage cage, split-system heating & cooling and secure intercom entry boost the appeal of apartment number 3 in this exceptional development!

Property History for 3/488 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$390,000
05 Feb 2011
Listed for Rent
$380/w
09 Feb 2017
  • 01 Feb 2017
    Listed for Rent $380 / week
  • 05 Feb 2011
    Sold for $390,000
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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 5,775 properties. Over the last 5 years, Houses in Murrumbeena have seen a 0.08% increase in median value, while Units have seen a -6.41% decrease. As at 31 March 2026:

  • The median value for Houses in Murrumbeena is $1,604,502 while the median value for Units is $587,089.
  • Houses have a median rent of $770 while Units have a median rent of $500.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 278 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.