SOLD
Sold on 13 Jan 2024 for $260,000

8/15 Railway Parade
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 723m2
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Property Details for 8/15 Railway Pde, Murrumbeena

8/15 Railway Pde, Murrumbeena is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 723m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Murrumbeena in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
723m2
Local Government
Glen Eira
Lot/Plan
15/SP31287

Last Listing description (December 2023)

This good size one bedroom is situated in a spotless boutique block of only 10 in the hub of Murrumbeena. Location is second to none close to shops, cafes, public transport and minutes away from the "The Fashion Capital" Chadstone. Open plan living/dining with built storage cupboards. A double size bedroom with ample mirrored BIR's. Refurbished with new floating floor boards, new blinds and new aluminium windows throughout the entire block.
Bathroom with glass enclosed shower and Laundry facilities. Low outgoings includes an open car space on title.
This is a terrific purchase for a first home buyer, accessible downsizer, or a well located investment, also an ideal opportunity for a renovation project! CALL AGENT TO INSPECT!

Property History for 8/15 Railway Pde, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$260,000
13 Jan 2024
Listed for Rent
$280/w
19 Aug 2022
  • 13 Jan 2024
    Sold for $260,000
  • 13 Jul 2023
    Listed for Sale $259,000
  • 09 Aug 2022
    Listed for Rent $280 / 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 36.11% increase in median value, while Units have seen a 2.79% increase. As at 31 July 2024:

  • The median value for Houses in Murrumbeena is $1,661,722 while the median value for Units is $571,973.
  • Houses have a median rent of $700 while Units have a median rent of $460.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Murrumbeena on OnTheHouse. According to CoreLogic's data, 206 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.