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City of Glen Eira

Murrumbeena

Murrumbeena Property Market
& Suburb Profile

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MEDIAN PRICES IN MURRUMBEENA

Median house price

(all agencies, last 12 months)$1.7m*

House price change

(all agencies, last 12 months)+1.19%

Median unit price

(all agencies, last 12 months)$663k*

Unit price change

(all agencies, last 12 months)+3.27%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MURRUMBEENA price TRACKER

HousesUnits

Murrumbeena sales overview

  • Sold by Auction 78%
  • Sold by Private Sale or Other Method 22%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)26

Auction clearance rate in Murrumbeena

(all agencies, last 12 months)80%

Average held period in Murrumbeena

(proptrack)16 years

Murrumbeena Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$802pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$549pw

Unit rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)2.57%

Average rental yield for Units

(all agencies, last 12 months)4.27%

Murrumbeena total population size

(as at the last census)9,996

Median household size in Murrumbeena

(as at the last census)2.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Murrumbeena property types

  • Houses 23%
  • Units 44%
  • Other 33%

OCCUPANCY in Murrumbeena

  • Owned 62%
  • Rented 36%
  • Other/Not Stated 2%
  • Singles 31%
  • Families 65%
  • Other 4%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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Education

Murrumbeena Primary School
St Patrick's School
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Sales Comparison

Find out how Murrumbeena median sales prices compare to neighbouring suburbs.

Murrumbeena MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025246$1,159,9721.19%387$676pw3.42%
2024218$1,153,125-0.79%414$648pw3.51%
2023215$1,145,7504.12%371$628pw3.19%
2022202$1,114,500-4.93%576$549pw2.89%
2021251$1,145,25020.73%594$482pw2.40%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025246$1,159,972+1.19%
2024218$1,153,125-0.79%
2023215$1,145,750+4.12%
2022202$1,114,500-4.93%
2021251$1,145,250+20.73%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025387$676pw3.42%
2024414$648pw3.51%
2023371$628pw3.19%
2022576$549pw2.89%
2021594$482pw2.40%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.