SOLD
Sold on 23 Apr 2024 for $517,000

5/488 Neerim Road
Murrumbeena VIC 3163

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 803m2
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Property Details for 5/488 Neerim Rd, Murrumbeena

5/488 Neerim Rd, Murrumbeena is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 803m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Murrumbeena in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
76m2
Land Size
803m2
Local Government
Glen Eira
Lot/Plan
5/PS627554

Last Listing description (May 2024)

Love the location and lap up the laidback lock & leave lifestyle this fabulous package affords! Moments to the station, cafes and local shopping destinations and with the incredible attractions & distractions of Chadstone shopping centre within minutes this carefree base should be at the top of every inspection list.
Open plan in design and stylishly appointed, accommodation includes a spacious living/dining room which spills outside to a private balcony. Stainless steel appliances and stone surfaces feature in the contemporary kitchen along with lots of cupboard and preparation space while the two well-sized bedrooms share a sparkling modern bathroom.
Other standout features include the comfort of split system heating and cooling, secure entry, lift access and parking.

Whether just starting your property journey or seeking a ready-to-go addition to your growing rental portfolio, this is an opportunity too good to miss. Dandenong Road is easily accessible for a straight-forward workday commute and Monash University Caulfield is within two train stops perfect for students and campus staff.


We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 5/488 Neerim Rd, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$517,000
23 Apr 2024
Listed for Rent
$400/w
08 Oct 2020
  • 23 Apr 2024
    Sold for $517,000
  • 14 Mar 2024
    Listed for Sale $519,000
  • 29 Jul 2020
    Listed for Rent $420 / 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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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.