Victorian suburb compare

Murrumbeena

The median rent for a 2-bedroom unit in Murrumbeena is $570 a week for leases that started in the year to September 2025, up 4.8% on a year earlier. That is 4% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,420,000 for a house and $502,500 for a unit. A year of rent for that home is about 8.6% of its median sale price (gross rental yield). The rent data covers Murrumbeena-Hughesdale as one area, so these rent figures are shared by Hughesdale, Murrumbeena.

Median rent in Murrumbeena

Median weekly rent by home size
HomeRent a weekChange over a yearNew leases
1-bedroom unit$405+5.2%197
2-bedroom unit$570+4.8%248
3-bedroom unit$750+15.4%59
2-bedroom house$590+12.4%23
3-bedroom house$730+3.5%85
4-bedroom house$1,050+12.9%50

* Based on fewer than 20 new leases in the year, so it can swing a lot.

Median sale price

Median sale price
TypeMedian pricePeriod
House$1,420,000 †Mar 2026 quarter
Unit$502,500Mar 2026 quarter

† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.

Suburbs with similar rent

Nearby suburbs

Compare Murrumbeena with another suburb