341-355 Murrumbeena RoadMurrumbeena VIC 3163
Property Details for 341-355 Murrumbeena Rd, Murrumbeena
Last Listing description (December 2024)
Approved Plans: 17 Townhouses In The McKinnon Zone
Seize an extraordinary opportunity to acquire a prime development site with approved plans and permits for a contemporary boutique collection of 17 two- and three-bedroom townhouses on a substantial 2,612 sqm block. Situated in the highly sought-after McKinnon Secondary College and McKinnon Primary School zones, the location is perfectly positioned for success, sure to generate strong family demand.
Directly opposite Duncan MacKinnon Reserve and mere metres from North Road's bus services, which provide easy access to Monash University, the beach, and beyond, this location is unparalleled. The convenience of nearby amenities, including the fashion hub of Chadstone, The Links, GESAC, and Hughesdale and Ormond Stations, offering both Cranbourne and Frankston Lines, adds to the appeal for future residents.
With all the challenging groundwork, planning, and permits already secured, you can hit the ground running from day one. This is more than just a development site - it's a chance to create a landmark project in a desirable suburb. With its strategic location, approved plans, and undeniable potential for strong returns, this opportunity is tailor-made for savvy developers looking to make their mark.
Act now to secure your stake in this exceptional locale.
Property History for 341-355 Murrumbeena Rd, Murrumbeena, VIC 3163
- 11 Jul 2024Listed for Sale $4,590,000
- 28 Jun 2016Listed for Sale - Currently Under Contract
- 11 Aug 2015Listed for Sale For Immediate Sale
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0About 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 5,767 properties. Over the last 5 years, Houses in Murrumbeena have seen a 16.19% increase in median value, while Units have seen a 1.13% increase. As at 31 December 2025:
- The median value for Houses in Murrumbeena is $1,703,984 while the median value for Units is $620,732.
- Houses have a median rent of $680 while Units have a median rent of $500.
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