504 Neerim Road, Murrumbeena, VIC 3163 | Property Value & History | OnTheHouse
OFF MARKET

504 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 817m2
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Property Details for 504 Neerim Rd, Murrumbeena

Building Type
Commercial
Land Size
817m2
Local Government
Glen Eira
Lot/Plan
1/TP679273

Last Listing description (October 2022)

Crabtrees Real Estate are pleased to offer to the market for Sale 504 Neerim Road, Murrumbeena.

This well preserved older style showroom/warehouse/factory of 810 sqm* sits on a site of 810 sqm* in a tightly held location with future potential for multilevel mixed use development (STCA) offering a rare and exciting opportunity to invest or occupy now and develop later.

Key Features:

+ Substantial frontage of approximately 17m*
+ Includes showroom offices at the front
+ Large bright warehouse
+ Motorised roller door
+ Additional mezzanine storage
+ Triple interceptor trap
+ Mixed Use Zone
+ Adjacent to Murrumbeena Train Station
+ Long standing tenant on monthly tenancy

Located in a prime position in Murrumbeena surrounded by new shops, restaurants and apartments this is an opportunity to make your mark in one of Melbourne's most sought after locations.

Murrumbeena is one of Melbourne's up and coming suburbs that has seen major change and redevelopment. Only minutes from Chadstone Shopping Centre and Monash Caulfield Campus, it also boasts a newly upgraded train station which is complemented by public bus services.

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 504 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Transferred
28 Aug 2025
  • 28 Aug 2025
    Transferred
  • 17 Aug 2022
    Listed for Sale CONTACT AGENT
  • 01 Sep 1997
    Sold for $260,000
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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 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, 272 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.