MURRUMBEENA 3163
State: VICPosiProp AI Investment Summary
MURRUMBEENA (VIC 3163) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Up 5.3%, with a median house buy price of $1,695,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,251,000
$1,651,944
$1,898,500
$1,695,000
Suburb Market Profile
Last month Murrumbeena had 54 properties available for rent and 55 properties for sale. Median property prices over the last year range from $1,695,000 for houses to $492,500 for units. If you are looking for an investment property, consider houses in Murrumbeena rent out for $825 PW with an annual rental yield of 2.7% and units rent for $495 PW with a rental yield of 5.2%. Murrumbeena has seen an annual compound growth rate of 5.3% for houses and -17.2% for units.