Murrumbeena
VIC 3163
Murrumbeena is a south-east Melbourne suburb in the City of Glen Eira, about 14 kilometres from the Melbourne CBD. North Road and Neerim Road form part of a suburb with several commercial zones, including Murrumbeena Village near the station. Murrumbeena station is on the Pakenham and Cranbourne lines, with Neerim Road and other arterials connecting the surrounding neighbourhoods.
Murrumbeena is an office and consulting market, with medical or consulting suites and warehouses and factories suited to local professional, health and business uses. The wider commercial market includes Hughesdale, Bentleigh East and Carnegie.
10
Active lease listings
commercial properties
$30,000
Median annual rent
asking rent across all listings
122
Median days on market
across all active listings
Lease rate trend
$263/m² p.a.
Median advertised rate
Down 5.6%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Murrumbeena. Drill down to individual listings in MarketBuddy
Listings by sector
3
Offices
active lease listings
2
Industrial, Warehouse and Factories
active lease listings
2
Medical / Consulting
active lease listings
2
Retail and Shops
active lease listings
1
Other
active lease listing
Want to know more?
Explore commercial property insights for Murrumbeena in MarketBuddy.
Last updated 7 November 2026