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VIC › Murrumbeena › Melbourne St

U8, 8 Melbourne St, Murrumbeena VIC 3163

For saleApartment

For sale

For sale

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 19 Mar 2024)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

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.

See the full Murrumbeena report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable19 Mar 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Murrumbeena in one glance

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.

See the full Murrumbeena report →

Keep researching

  • Why Murrumbeena? Read the area thesis →
  • What else is on the market in Murrumbeena →
  • Other records on Melbourne St →

Listing material

Listed by Area Specialist Victoria

The Brief: The epitome of lifestyle living stonethrow away from Chadstone S/C

It's Addressed:

Embrace lifestyle living in a vibrant setting with this comfortable easycare apartment, creating a whisper-quiet sanctuary within footsteps of Murrumbeena Village’s coveted cafes, bars and city transport.

An excellent opportunity for first homebuyers, downsizers and astute investors, the property resides within a boutique complex of eight, savouring tranquil leafy surrounds and secure entry access.

Read the full description

Opening with soft tones and contemporary floating floors, this top-floor retreat is awash with natural light, introducing a soothing air-conditioned living/dining space with airy high ceilings and chic feature wall lights.

Boasting delightful retro styling, the nearby kitchen reveals checkerboard floors, gingham accents and pops of vintage pink, providing plentiful storage and gas cooking for the aspiring chef.

Completing the thoughtful configuration, the generous bedroom exudes a calming ambiance with a bank of built-in robes, while the neat bathroom features on-trend subway tiles, a shower over the bathtub and convenient laundry facilities.

The home also offers access to a sun-drenched terrace for relaxing outside with a quiet morning coffee, plus secure off-street parking to the rear.

Life in Murrumbeena is the perfect solution for city commuters, busy professionals and buyers who seek proximity to all amenities.

Enviably located in the heart of this tightly-held suburb, this low-maintenance haven places its residents within a stroll of specialty shops, cosmopolitan restaurants and Murrumbeena Station, while nearby parks provide access to glorious walking tracks.

Carnegie’s bustling high street is also just moments away, as is Chadstone and the Monash Freeway.

A rare opportunity with excellent rental potential and scope to personalise, this charming apartment has been maintained with care and consistency throughout. Contact us today for a priority inspection.

Property specifications

- Comfortable living/dining zone with floating floors and split-system air conditioning

- Spacious bedroom has built-in robes, bathroom has shower over bath and updated vanity

- Charming retro kitchen has freestanding oven with gas cooktop, plentiful storage

- Internal laundry facilities, terrace access, high ceilings, blinds/curtains, off-street parking

- Walk to shops, cafes, restaurants and train station, close to parks and major roads

For more Real Estate in Murrumbeena contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Charles Borromeo, Area Specialist Victoria — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.