Back 1/506 Neerim Road
Off Market

1/506 Neerim Road

Murrumbeena VIC 3163

3
2
2
140 m²
Townhouse
Last sold for $946,000
Jack SlaterJack Slater, last sold this property on 22 October 2025 after 15 days on market.

Overview

Street Fronted, Boutique Town Residence

A unique opportunity with owner-occupier or investor appeal, whether living, working or both, there's space to do whatever you want. This luxury townhouse (140m2 approx build size) boasts 2 master bedrooms (each with ensuite), which lead out to a terrace, with a home office/study or 3rd-bedroom (own entrance and toilet). One of only 6 in this boutique townhouse subdivision and set in a popular strip with Residential 1 zoning - ideal for private, quality living and/or home office/business. The light-filled layout includes huge Living/Meals area and quality Smeg/Stone modern kitchen (including oven and dishwasher), flowing out to a full-width balcony with gas point. Further enhanced by a laundry room, powder room, split system heating/AC, solar, video intercom entry and double garage within a secure basement. Centrally situated with cafes, shops and Murrumbeena Railway Station just moments away. Chadstone Shopping Centre is just a short drive and located in the heavily sought-after Murrumbeena Primary School Zone. Situated very close to Monash (Caulfield Campus) & the hustle and bustle of Koornang Road Shopping Precinct!

Features

3 bedrooms
2 bathrooms
2 carspaces
140 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Murrumbeena over the last 12 months, the estimated median property value of 1/506 Neerim Road is $1.17m.

Median value
$1.17m
Estimated value range
$925k - $1.61m
Median days on market
25
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Murrumbeena. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/506 Neerim Road

2025
Sold
$946,000
Sold Before Auction on 22 Oct 2025 by Jack Slater, of Slater & Levin
2016
Sold
$770,500
13 Jun 2016 by Gary Walton, of Jellis Craig Monash

Happy sellers in Murrumbeena

96%
96% of sellers in Murrumbeena reported that their sale price either exceeded or met their price expectations.

Murrumbeena stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Murrumbeena over the last 12 months.

Local market activity for 3 bedroom townhouses in Murrumbeena

In the last 12 months, 16 three-bedroom townhouses similar to 1/506 Neerim Road, have been sold.

This represents a 24% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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