50 Wallace Ave, Murrumbeena is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Capturing an enviable location in the sought after McKinnon Secondary College zone on a 613m2* allotment, discover the immense rewards this single level family home offers. Offering current day appeal as well as exciting scope for first home buyers, astute developers or savvy investors to renovate or redevelop & recreate a luxurious contemporary abode (STCA). A large front garden greets you on arrival, while polished timber floors flow from the entrance hall through to a generous living/dining room that leads into a functional spacious kitchen with access to a large undercover alfresco entertaining area & massive rear garden. While three good sized bedrooms (two with built-in robes) & a central family bathroom with shower over bath & separate toilet, complete the accommodation. Other attributes include gas heater & split system heating/cooling in living area, externally accessed laundry, large rear storage shed & off street parking in driveway for at least two cars. This fabulously located property is located within the sought after McKinnon Secondary Collage zone, close to Duncan McKinnon Reserve, bus-routes in all directions, Murrumbeena shopping strip, station & Chadstone Shopping Centre. *Approximate Title Dimensions.
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 5,770 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:
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