Murrumbeena is in the bottom 40% in VIC when comparing median price capital growth over the last year. Murrumbeena gave property investors a disappointing capital gain figure when compared to the rest of the state, with 8.15%.
Taking the average capital gain, or increase in median house value, Murrumbeena,3163 has racked up an average of 8.15% over the period. This ranks it number 761th in the whole country for real estate investors looking at median house price increases.
Murrumbeena, 3163’s gross rental yield is 2.11%
With a capital gain of 10.37% for the last 12 months, Murrumbeena, 3163 has performed for property investments than its average annual 7.45% property growth over the last 5 years.
Across a shorter period, Murrumbeena, 3163 has seen a median price increase of 7.11% over the last quarter.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.