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

51 Murrumbeena Road
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Land area: 1115m2
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Property Details for 51 Murrumbeena Rd, Murrumbeena

Building Type
Commercial
Year Built
2010
Land Size
1115m2
Local Government
Glen Eira
Lot/Plan
17/PS522773

Last Listing description (May 2018)

Ray White Commercial Oakleigh is delighted to offer for sale this magnificent ground-floor retail property located in one of south-east Melbourne's most desirable locations.
With over 10 meters of street frontage to the ever busy Murrumbeena Road, this is the perfect property for an owner-occupier or astute investor.
Located just minutes from Chadstone Shopping centre and providing terrific access to major arterial roads and public transport, don't miss out on this extremely rare opportunity.

Property Features Include:
- Total Building Area: 108m2 (approx.)
- Located in desirable south-eastern suburb
- 10.5 meter street frontage to Murrumbeena Road
- Two (2) car parks on title
- Close proximity to Chadstone Shopping Centre and major arterial roads including Princes Highway and Monash Freeway (M1)
- Commercial 1 Zone (C1Z)
- Being Sold Vacant Possession
- Occupy or invest - The choice is yours!
For further information or to arrange a private inspection please contact one of the exclusive marketing agents:
Paul Rizzo - 0418 688 888
Joshua Colosimo - 0413 790 309

Property History for 51 Murrumbeena Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$561,000
17 Dec 2015
Listed for Rent
16 May 2017
  • 06 Jun 2017
    Listed for Sale For Immediate Private Sale
  • 14 Feb 2017
    Listed for Rent - Price not available
  • 13 Jul 2016
    Listed for Rent - Price not available
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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 5,766 properties. Over the last 5 years, Houses in Murrumbeena have seen a 16.19% increase in median value, while Units have seen a 1.13% increase. As at 31 December 2025:

  • The median value for Houses in Murrumbeena is $1,703,984 while the median value for Units is $620,732.
  • Houses have a median rent of $680 while Units have a median rent of $500.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Murrumbeena on OnTheHouse. According to Cotality's data, 286 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.