Average rent in Murrumbeena, VIC — 2026

Murrumbeena runs roughly with the Victoria state median — renters typically pay $390/week, close to the $363/week state baseline (ABS Census 2021). Most households here own (63% are owners or paying off a mortgage) and only 35% rent. Separate houses dominate the housing stock (49%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 38 and a population around 9,369. The most common occupation is Professionals, and 34% of residents were born overseas. Murrumbeena is 13km from Melbourne, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.