VIC has seen average median house prices change by 2.87% which means that Murrumbeena, 3163 has done well for property investors by showing a capital gain of -6.35% over the last year
If we look at median property appreciation over just the last three months, Murrumbeena has given property investors a paper return of 2.13%. This puts Suburb as 272 on a list of fastest fasting appreciating suburbs in VIC
At number 1173th in the list of Australian suburbs ordered by increase in median house value over the last year, Murrumbeena, 3163 is in the BOTTOM 30% with a property value increase of -6.44% recorded in median house prices.
The five-year average increase in median property values for Murrumbeena,3163 has given property investors a potential capital gain of 2.46% across each of those five years.
Vendor discounting in Murrumbeena is giving property investors an average Vendor Discount of around -5.15%. This puts suburb at number 181th in VIC when ranking the most discounted suburbs.
Residents and property investors in Murrumbeena have been waiting around 52.6579 days to sell a property.
The VIC suburb of Murrumbeena, 3163 is in the Glen Eira (C) local government area.