4/506 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

4/506 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 466m2
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Last updated 20 Apr 2026
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Property Details for 4/506 Neerim Rd, Murrumbeena

4/506 Neerim Rd, Murrumbeena is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 466m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2013.

Building Type
Unit
Year Built
2015
Floor Size
100m2
Land Size
466m2
Local Government
Glen Eira
Lot/Plan
4/PS710907

Last Listing description (November 2025)

Located in a small boutique block of only 6 apartments, this home is comfortable and modern. It's hard to beat this location being close to the train line, shops, cafes, and restaurants just outside the door.

- Master bedroom with reverse cycle heating/cooling, walk-in-robe, and ensuite bathroom
- Second bedroom with ample wardrobe space

- Open plan living and dining with quality floorboards, split-system heating/cooling, and access to terrace
- Well-appointed kitchen with Smeg stainless steel electric oven, five burner gas cooktop, built in microwave, dishwasher, and stone benches
- Separate powder room
- Large laundry with quality Bosch washing machine and dryer supplied, lots of storage
- Access to secure car park (off-street parking for 1 car)
- Solar set up to reduce the electricity costs
- Secure entry
- Ducted vacuum system

Helpful measurements (approx.)
- Fridge; wide 93cm, deep 70cm, tall 180cm
- Washer; wide 60cm, deep 60cm, tall 84cm

Please Note:

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Property History for 4/506 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$595,000
11 Nov 2013
Listed for Rent
$485/w
23 Feb 2022
  • 05 Nov 2025
    Listed for Rent $540 / week
  • 09 Feb 2022
    Listed for Rent $485 / week
  • 02 Jul 2020
    Listed for Rent $495 / week
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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 5,773 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.