3/506 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

3/506 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 466m2
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Property Details for 3/506 Neerim Rd, Murrumbeena

3/506 Neerim Rd, Murrumbeena is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 466m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2016
Floor Size
102m2
Land Size
466m2
Local Government
Glen Eira
Lot/Plan
3/PS710907

Last Listing description (May 2020)

A unique opportunity for an owner-occupier or an astute investor. This relatively new luxury apartment features the first master bedroom with ensuite & WIR while the second one with its own ensuite & fitted mirror robes. One of only 6 in the complex and set in a popular shopping/dining strip - ideal for private quality living and/or home office/business. The light-filled layout includes a high ceiling, perfect size open plan living and dining area, a study, a luxurious SMEG kitchen with stone bench, soft close drawers, dishwasher, gas cooktop, oven & microwave! Also available are guest powder room, stone bathrooms with floating vanity, Daikin split systems for heating and cooling, video intercoms on Ground floor and upstairs, plenty of storage spaces, a separate laundry, and double garage which is located on street level in a remote-controlled parking with internal access to the property.

The main street of Murrumbeena Village is Neerim Road, nearby the intersection of Murrumbeena Road and the railway station. Murrumbeena Village is currently undergoing a creative revival following major infrastructure upgrades during 2017-2019. Numerous unique street cafes, evening dining options, and a wine bar have popped up alongside small businesses in creative fields which value the suburb's combined ease of access, walkability and village feel.

Murrumbeena is a well-connected suburb with ease of access to public transport and main road arterials leading to freeways and City Link. Murrumbeena railway station is a Zone 1 suburban railway station providing regular services to the city and along the Pakenham and Cranbourne lines. Most peak hour services run partially express, with only five stops between Murrumbeena and Melbourne's CBD. The popular service is well used through to late night. There are direct train connections to Monash University (Caulfield) and bus connections to Monash University (Clayton) and Holmesglen TAFE. Upon completion of the Metro Tunnel in 2025, express city-bound trains from Murrumbeena will be just 3-4 stops from Anzac (St Kilda Road)/Town Hall stations.

For more information and to arrange a private viewing, please contact your friendly Ray White agents: Sandra Sutikno 0423 902 962 or Helen Yan 0404 078 588.

Property History for 3/506 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$695,000
09 May 2020
Listed for Rent
28 Nov 2018
  • 09 May 2020
    Sold for $695,000
  • 08 Apr 2020
    Listed for Sale Private Inspection
  • 13 Nov 2018
    Listed for Rent - Price not available
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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 5,774 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 18 properties listed for sale, and 5 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 279 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.