5/506 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

5/506 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 466m2
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Property Details for 5/506 Neerim Rd, Murrumbeena

5/506 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 94m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2015
Floor Size
94m2
Land Size
466m2
Local Government
Glen Eira
Lot/Plan
5/PS710907

Last Listing description (June 2023)

A stunning statement of style, this unique, as new multi level townhouse offers an enviable low maintenance lifestyle with owner occupier or investor potential. Offering the best of both worlds - peaceful & private at the rear of a boutique block of just six & with all the vibrant action of Murrumbeena literally metres from your door. On entry, engineered timber floors flow seamlessly throughout the impressively proportioned naturally light filled living & dining zone enjoying access to an enclosed private entertainer's courtyard, further complemented by a gourmet stone kitchen with a suite of Smeg appliances (including integrated microwave & dishwasher), breakfast bar & an abundance of storage. The upper level features two good sized carpeted bedrooms, one with mirrored built in robes, the other walk in robe & each with a stylish ensuite. While the lower level reveals secure basement parking for two cars & a laundry with storage. Other features include split system heating/cooling, video intercom entry, powder room & under stair storage. Ideally located in a fantastic lifestyle location across the road from the train station & with an abundance of shops, restaurants & cafes as well as schools, parklands & Chadstone Shopping Centre all close by.

Property History for 5/506 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$685,000
25 May 2023
Listed for Rent
$520/w
20 Jan 2021
  • 25 May 2023
    Sold for $685,000
  • 20 Feb 2023
    Listed for Sale Contact Agent
  • 04 Jan 2021
    Listed for Rent $520 / 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 5,775 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 9 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 275 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.