Murrumbeena at a glance
10,995
People
$1,680,000
Median sale
$540/wk
Median rent
1.67%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
VIC › Murrumbeena › New Development
$967,500–$1,167,500
For sale
Asking range
1
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$967,500–$1,167,500
Asking range
No recorded sale for this property.
Murrumbeena at a glance
10,995
People
$1,680,000
Median sale
$540/wk
Median rent
1.67%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Murrumbeena
-42.4%
Median sale
Suburb $1,680,000
+1.23 pp
Gross yield
Suburb 1.67%
Suburb median $1,680,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$59,280 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Murrumbeena's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Murrumbeena at a glance
10,995
People
$1,680,000
Median sale
$540/wk
Median rent
1.67%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Red & Grey RealtyPlease be advised that some lots/units may need confirmation of pricing and availability. Kindly ensure to check pricing and availability first by emailing or phoning us
A rare opportunity to secure studio, 1 bedroom, 1 bedroom + multipurpose room, and 2 bedroom apartments within a thoughtfully designed residential community that blends urban convenience with a welcoming neighbourhood atmosphere.
Positioned just moments from the train line, this location offers seamless connectivity to the CBD, major employment hubs, universities, and lifestyle precincts. Enjoy the ease of a well-connected address while embracing the charm of a vibrant, evolving local village with cafés, shops, and everyday essentials all within walking distance.
Lifestyle & Location
Set within an established residential pocket approximately 12km from the CBD, this address delivers the perfect balance of accessibility and suburban character.
- Direct train access to the city, St Kilda Road, and Parkville
- Close proximity to major universities and technology precincts
- Minutes to leading retail, dining, and entertainment destinations
- Surrounded by local cafés, shops, and community amenities
Architectural Design & Community Living
Designed with a strong focus on connection and liveability, the development features:
- Open walkways and breezeways encouraging natural light and airflow
- Contemporary façades inspired by traditional village streetscapes
- Two residential lobbies creating a sense of boutique community
- Landscaped communal spaces with a welcoming village feel
A central plaza with mature trees, seating, and retail offerings creates a vibrant meeting point, seamlessly connecting residents to cafés, restaurants, and transport.
Resident Amenities
Over 20 shared indoor and outdoor spaces enhance everyday living, including:
- Rooftop gardens with expansive city views and BBQ areas
- Resident lounge with kitchen, dining, and fireplace
- Co-working spaces with quiet pods and collaborative zones
- Yoga and Pilates studios, gym facilities, sauna, and cold plunge
- Landscaped outdoor areas for relaxation and recreation
- Family-and Pet friendly spaces and pet amenities including dog wash facilities
Apartment Features
Each residence is designed to maximise comfort, light, and functionality:
- Dual-aspect layouts promoting natural ventilation
- Large windows allowing abundant natural light
- Open-plan living with intuitive flow between spaces
- Warm, natural finishes with timber accents and soft neutral tones
- Premium appliances and well-appointed kitchens and bathrooms
- Integrated storage solutions and practical design details throughout
Sustainable Living
Built with a focus on long-term comfort and environmental responsibility, features include:
- Passive design for energy efficiency and year-round comfort
- Rooftop solar and rainwater harvesting systems
- Natural ventilation and light-filled interiors
- Bicycle storage and provision for electric vehicle charging
This is a lifestyle-driven opportunity offering modern design, strong connectivity, and a genuine sense of community. Ideal for owner-occupiers and investors seeking a well-located, future-focused address.
Car spaces are available for purchase, check availability
Book for display time viewing
New incentives available for the first 10 sales:
Studio – 6% rental guarantee for 3 years
1 Bedroom – 6% rental guarantee for 3 years
1 Bedroom + Multi-Purpose Room – 6% rental guarantee for 2 years
2 Bedroom – 5% rental guarantee for 2 years
*(excluding apartment type C02 2 Bedrooms)
Please be advised that some lots/units may need confirmation of pricing and availability. Kindly ensure to check pricing and availability first by emailing or phoning us
Disclaimer This information has been carefully compiled and is not intended to be treated as a warranty or representation. Interested parties should undertake their own independent enquiries to verify the accuracy of all details. All pricing is approximate and rounded. Use with written permission only.
FIRB Application Fee Rebate at settlement or equivalent Cash Rebate for Local Buyers.
Property Code: 231
Listing description written by Kim Robinson, Red & Grey Realty — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.