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 3.2% and has experienced a 12-month capital growth of Down -0.7%, with a median house buy price of $1,640,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,251,000
$1,542,500
$1,720,000
$1,640,000
Suburb Market Profile
Last month Murrumbeena had 68 properties available for rent and 52 properties for sale. Median property prices over the last year range from $1,640,000 for houses to $485,000 for units. If you are looking for an investment property, consider houses in Murrumbeena rent out for $830 PW with an annual rental yield of 3.2% and units rent for $500 PW with a rental yield of 5.2%. Murrumbeena has seen an annual compound growth rate of -0.7% for houses and -4.9% for units.
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