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.

9

Active lease listings

commercial properties

$37,500

Median annual rent

asking rent across all listings

75

Median days on market

across all active listings

Lease rate trend

$278/m² p.a.

Median advertised rate

Up 16.8%

Change over 12 months

$27420252026$328$220Feb 2024Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Murrumbeena. Drill down to individual listings in MarketBuddy

Listings by sector

3

Industrial, Warehouse and Factories

active lease listings

3

Medical / Consulting

active lease listings

1

Offices

active lease listing

1

Other

active lease listing

1

Retail and Shops

active lease listing

Want to know more?

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Last updated 5 September 2026