10/40 Burgundy Street, Heidelberg, VIC 3084 | Property Value & History | OnTheHouse
OFF MARKET

10/40 Burgundy Street
Heidelberg VIC 3084

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 2126m2
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Property Details for 10/40 Burgundy St, Heidelberg

10/40 Burgundy St, Heidelberg is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 2126m2. While the property is not currently for sale or for rent, it was last sold in December 2008.

Building Type
Unit
Year Built
2011
Land Size
2126m2
Local Government
Banyule
Lot/Plan
310/PS622155

Last Listing description (August 2026)

*** The sale is subject to tenancy. Currently leased at $550/week (unfurnished) until 29 June 2027.***

This is the one buyers have been waiting for. Positioned in the heart of Heidelbergs tightly held Burgundy Street precinct, this exceptionally spacious 1-bedroom + study apartment delivers the perfect blend of size, flexibility, and premium conveniencemaking it an outstanding opportunity for both owner-occupiers and investors.

Boasting a generous 79sqm of internal living plus a 9sqm balcony, the apartment stands out with its expansive open-plan living and dining area, seamlessly connecting to a full-width balcony ideal for entertaining or unwinding. The large separate study zone offers true versatilityperfect as a home office, second living space, or potential guest area.

The modern kitchen is well-equipped with ample bench space and storage, while the well-proportioned bedroom includes built-in robes for practical everyday living. A central bathroom with integrated laundry further enhances functionality.

What truly elevates this property above the rest is the rare inclusion of TWO side-by-side secure car parks plus a storage cagea highly sought-after feature that adds significant value and long-term appeal.

Set within walking distance to Burgundy Streets cafes, restaurants, supermarkets, Austin Hospital, Heidelberg Train Station, and parklands, this is a lifestyle location that continues to perform.

Feature Highlights
- Oversized 79sqm internal + 9sqm balcony
- Flexible 1 bedroom + large study layout
- Expansive open-plan living and dining
- Full-width entertainers balcony
- Modern kitchen with ample storage and bench space
- Spacious bedroom with built-in robes
- Central bathroom with integrated laundry
- 2 side-by-side secure car parks (rare offering)
- Storage cage included
- Secure building with lift access
- Prime Heidelberg location near shops, hospital & transport

Outgoings:-
- OC fee/body corporate: $3,800 half yearly.

Property History for 10/40 Burgundy St, Heidelberg, VIC 3084

A timeline of how this property has performed in the market
Last Sold
$410,000
23 Dec 2008
  • 22 Apr 2026
    Listed for Sale $485,000 to $525,000
  • 23 Dec 2008
    Sold for $410,000
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About Heidelberg 3084

The size of Heidelberg is approximately 2.9 square kilometres. There are 13 parks, covering nearly 20.0% of the total area. The population of Heidelberg in 2016 was 6225 people. By 2021 the population was 7360 showing a population growth of 18.2% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation.In 2021, 55.50% of the homes in Heidelberg were owner-occupied compared with 57.20% in 2016.

Heidelberg has 4,429 properties. Over the last 5 years, Houses in Heidelberg have seen a -2.56% decrease in median value, while Units have seen a -5.34% decrease. As at 31 July 2026:

  • The median value for Houses in Heidelberg is $1,470,133 while the median value for Units is $641,173.
  • Houses have a median rent of $690 while Units have a median rent of $575.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Heidelberg on OnTheHouse. According to Cotality's data, 196 properties were sold in the past 12 months in Heidelberg.

Suburb Insights for Heidelberg 3084

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.