Real Estate Radar

October 2026 data · Glen Eira · VIC

Murrumbeena house prices: median price and growth

Median house
$1.65m
▼ −1.2% in 12 months
Median unit
$490k
▼ −3.9% in 12 months
Sold in 12 months
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The median house price in Murrumbeena is $1.65m (October 2026), down 1.2% over 12 months. Units have a median of $490k, down 3.9% over 12 months. That puts Murrumbeena above the typical Melbourne Bayside suburb ($1.57m) and number 4 of the 7 suburbs around it.

Map of Murrumbeena and neighbouring suburbs coloured by median house priceMurrumbeena$1.65MBentleigh East$1.47MMalvern East$2.03MMcKinnon$1.8MOrmond$1.81M

Median house price

  • $2.25M+
  • $2M–$2.25M
  • $1.75M–$2M
  • $1.5M–$1.75M
  • $1.25M–$1.5M
  • $1M–$1.25M
  • $750K–$1M
  • $500K–$750K
  • <$500K
Murrumbeena (outlined) and neighbouring suburbs by median house price, October 2026, in the Market Dashboard's colours for VIC. Open the interactive map for trends, rents and sales.

Murrumbeena price changes

TypeMedian3 mo6 mo12 mo
House$1.65m▼ −1.2%▼ −2.7%▼ −1.2%
Unit$490k▲ +15.3%▼ −0.5%▼ −3.9%

Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.

Murrumbeena compared with nearby suburbs

Suburbs within about 1 km of Murrumbeena, dearest house median first. Select a column heading to sort.

HouseUnit
Malvern East$2.02m0.0%▼ −6.7%▼ −3.3%$631k▲ +0.9%▲ +2.5%▲ +13.6%
Ormond$1.81m▼ −0.4%▼ −1.3%▼ −0.6%$550k▼ −1.4%▼ −1.4%▼ −8.4%
McKinnon$1.80m▼ −3.8%▼ −3.3%▼ −2.7%$803k▼ −4.4%▼ −7.2%▲ +2.3%
Murrumbeena$1.65m▼ −1.2%▼ −2.7%▼ −1.2%$490k▲ +15.3%▼ −0.5%▼ −3.9%
Hughesdale$1.65m0.0%▲ +5.0%▲ +12.7%$723k▲ +1.0%▲ +4.2%▲ +3.2%
Carnegie$1.63m▼ −2.7%▼ −3.2%▼ −1.9%$535k▼ −6.1%▼ −9.3%▼ −15.4%
Bentleigh East$1.47m▼ −3.3%▼ −5.5%▼ −3.3%$869k▲ +1.2%▼ −0.9%▲ +5.0%

Living in Murrumbeena

From the 2021 ABS Census: Murrumbeena against the Glen Eira council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.

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FigureMurrumbeenaGlen Eira (council)VIC
People
Population9,996156,8456,503,500
Median age373839
Families with children🔒🔒🔒
Born overseas34.5%36.7%30.0%
Language other than English at home🔒🔒🔒
Work and education
Median household income$2,057/wk$2,205/wk$1,856/wk
Median personal income🔒🔒🔒
Professionals and managers🔒🔒🔒
Unemployment🔒🔒🔒
Bachelor degree or higher🔒🔒🔒
Completed Year 12🔒🔒🔒
Housing
Owned outright🔒🔒🔒
Owned with a mortgage🔒🔒🔒
Rented36.4%35.2%28.5%
Separate houses🔒🔒🔒
Flats and apartments🔒🔒🔒
Median weekly rent🔒🔒🔒
Median mortgage repayment🔒🔒🔒
Advantage
SEIFA advantage (IRSAD), Australian decile🔒🔒🔒

🔒 Age, occupation and ancestry breakdowns for Murrumbeena, its council and VIC

Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.

Common questions

What is the median house price in Murrumbeena?

The median house price in Murrumbeena was $1.65m in October 2026, down 1.2% on a year earlier. The typical Melbourne Bayside suburb median was $1.57m.

What is the median unit price in Murrumbeena?

The median unit price in Murrumbeena was $490k in October 2026, down 3.9% over 12 months.

Is Murrumbeena more expensive than nearby suburbs?

Of the 6 neighbouring suburbs with a median house price, 3 are dearer than Murrumbeena and 3 are cheaper or the same.

Where does this data come from?

Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.