OFF MARKET

2/18 Bute Street
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 861m2
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Property Details for 2/18 Bute St, Murrumbeena

2/18 Bute St, Murrumbeena is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 861m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1970
Floor Size
45m2
Land Size
861m2
Local Government
Glen Eira
Lot/Plan
10/RP15742

Last Listing description (July 2023)

Welcome to a delightful opportunity to own a cozy 1 bedroom, 1 bathroom, and 1 kitchen unit in the highly sought-after suburb of Melbourne.

Situated in a prime location, this charming property offers the perfect blend of comfort, convenience, and modern living. Ideal for singles, couples, or investors looking for a valuable addition to their portfolio, this unit presents an excellent opportunity not to be missed. The complex provides a secure and friendly environment, ensuring a peaceful and enjoyable living experience.

Interior Features: Upon entering the unit, you will be greeted by a warm and inviting living space designed to maximize comfort and functionality. The well-appointed kitchen seamlessly integrates with the living area, allowing for easy meal preparation and entertaining.

The bedroom is a tranquil retreat, offering a serene ambiance and plenty of natural light. It provides ample space for a comfortable bed and a wardrobe to meet all your storage needs. The bathroom boasts modern fixtures, a sleek design, and a relaxing atmosphere, making it the perfect place to unwind after a long day.

Location: Murrumbeena is renowned for its leafy streets, excellent schools, and a vibrant community atmosphere. Residents will appreciate the ease of access to major highways and public transport, ensuring a seamless commute to the city center and other parts of Melbourne.

This unit is conveniently situated within close proximity to various amenities which are as follows:
- Hughesdale and Murrumbeena stations just on 8 mins walk
- Murrumbeena Park 4 minutes walk away
- Chadstone Shopping Centre on just 4 mins drive
- 4 mins drive to Murrumbeena Primary School and St. Patrick's Primary School
- 10 mins walk to Murrumbeena Children's Centre
- Walking distance to various cafes and restaurants

Investment Potential: With its prime location and desirable features, this unit presents an exceptional investment opportunity. Murrumbeena is a highly sought-after suburb with a strong rental market, making it an attractive option for investors seeking consistent returns. The property's low-maintenance nature and modern appeal will undoubtedly appeal to prospective tenants.

Don't miss out on this fantastic opportunity to secure a stylish 1 bedroom unit in the heart of Murrumbeena. Whether you're looking for a comfortable home or a lucrative investment, this property ticks all the boxes. Contact Gurpreet Singh today to arrange a private viewing and seize the chance to make this delightful unit yours.

Disclaimer: All images and floor plans are for illustrative purposes only. Actual property layout and features may vary. It is recommended to conduct thorough inspections and seek professional advice before making any property-related decisions.

Property History for 2/18 Bute St, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$303,000
01 Jun 2023
Listed for Rent
$250/w
13 Dec 2021
  • 01 Jun 2023
    Sold for $303,000
  • 19 May 2023
    Listed for Sale $280,000 - $305,000
  • 03 Dec 2021
    Listed for Rent $250 / 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 2011 was 8,592 people. By 2016 the population was 9,928 showing a population growth of 15.5% in the area during that time. The predominant age group in Murrumbeena is 20-29 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 2011, 61.7% of the homes in Murrumbeena were owner-occupied compared with 59.5% in 2016.

Murrumbeena has 5,674 properties. Over the last 5 years, Houses in Murrumbeena have seen a 22.06% increase in median value, while Units have seen a -0.48% decrease. As at 31 October 2024:

  • The median value for Houses in Murrumbeena is $1,640,176 while the median value for Units is $585,542.
  • Houses have a median rent of $650 while Units have a median rent of $499.
There are currently 17 properties listed for sale, and 12 properties listed for rent in Murrumbeena on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Murrumbeena.

Suburb Insights for Murrumbeena 3163

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.