40 Wallace Avenue, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
 
OFF MARKET

40 Wallace Avenue
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 603m2
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Last updated 2 Mar 2026
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Property Details for 40 Wallace Ave, Murrumbeena

40 Wallace Ave, Murrumbeena is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 603m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
House
Land Size
603m2
Local Government
Glen Eira
Lot/Plan
14/LP17558

Last Listing description (August 2016)

Bright and cheery blending modern warmth with traditional charm, this heart warming 2 bedroom brick treasure is on 602sqm approx. giving you fabulous room to extend.

With some tasteful updates inside, this red brick jewel enjoys polished hardwood floors, a spacious north-facing living room, a stylish dining area with vintage hutch, original funky kitchen (new stainless steel rangehood), 2 double bedrooms (BIRs), eclectic bathroom with modern touches, rear sunroom/utility room and laundry.

Ready to be scooped up by families wanting a big block and keen to extend or those who just want the comfort and space, this enviable gem features reverse cycle air conditioning, an enormous rear garden with cubby house, shed and rainwater tank and a single lock-up garage.

In a superb location just near Duncan MacKinnon Reserve, schools, local shops and bus services.

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Property History for 40 Wallace Ave, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$681,000
01 Sep 2012
  • 01 Sep 2012
    Sold for $681,000
  • 09 Aug 2012
    Listed for Sale AUCTION
  • 09 Nov 2006
    Sold for $500,500
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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 9.95% increase in median value, while Units have seen a -3.75% decrease. As at 28 February 2026:

  • The median value for Houses in Murrumbeena is $1,668,501 while the median value for Units is $600,070.
  • Houses have a median rent of $673 while Units have a median rent of $500.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Murrumbeena.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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