473 Neerim Road, Murrumbeena

Affordable Off-Plan Studio Apartment in Murrumbeena Place, Melbourne

Murrumbeena Place is a new apartment development in a prime Melbourne location, designed for convenience, connectivity, and long-term value. This studio apartment is a strong entry option for first home buyers and investors looking for an affordable apartment in a well-connected suburb.

Located at 473 Neerim Road, Murrumbeena, the project offers direct access to transport and education hubs, with easy connections to the Melbourne CBD, Melbourne University, RMIT, and Monash Caulfield. The area also benefits from strong local employment access and retail infrastructure.

Murrumbeena Place is the first project delivered under Victoria’s Activity Centre program (TOD), focused on transport links, universities, and established amenities. With apartment prices starting from $485,000 in a suburb where the median house price is significantly higher, this project offers a strong affordability advantage.

Project completion is estimated for Q3 2027. Launching incentives include a 2-year 5% rental guarantee (excluding apartment type C02 2 Bedrooms), plus FIRB fee rebate / cash rebate / agent bonus at settlement.

Other Features

Off-the-plan studio apartment in Murrumbeena Place with estimated completion Q3 2027. Project comprises 144 apartments and is positioned in a transport-rich location with direct train access to Melbourne CBD and major education hubs including Melbourne University, RMIT, and Monash Caulfield. Located within Victoria’s Activity Centre (TOD) program area, focused on transport, universities, and retail infrastructure. Strong affordability positioning with project pricing from approx. $485,000. Launch incentives include 2 years 5% rental guarantee (excluding apartment type C02 2 Bedrooms), FIRB fee rebate / cash rebate / agent bonus at settlement. Showcase available via Development ID: murrumbeena-place.