Property value increases in Murrumbeena have tracked just lower than the VIC average of 8.06% over the last 12 months.
Murrumbeena,3163 has offered an average of 6.67% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Murrumbeena, 3163. Typically our figures indicate that -2.22% is being offered, which puts this VIC suburb at 3711th most discounted overall in Australia.
Residents and property investors in Murrumbeena have been waiting around 59.57 days to sell a property.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.
Property value increases in Murrumbeena have tracked close to the VIC average of 3.11% over the last 12 months.
While Murrumbeena,3163 ranked number 11th in VIC for increase in median house value (annualised) increase, it is ranked 271th over the last 5 years.
Sellers are offering property buyers an average discount of -6.45% to buyers in Murrumbeena at the moment, which is less than average for the rest of VIC.
Murrumbeena, 3163’s gross rental yield is 3.18%