301/40 Burgundy StreetHeidelberg VIC 3084
Property Details for 301/40 Burgundy St, Heidelberg
301/40 Burgundy St, Heidelberg is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Apartment sold in Heidelberg in the last 12 months.
Last Listing description (July 2026)
Perfect for investment and owner-occupy.
Level 3, Unit 301, 2 bed 2 bath plus study 2 carpark, Int: 90sqm, Balcony: 8sqm, Total: 98sqm
Perfectly positioned on Level 3 of a contemporary complex, this spacious and light-filled apartment offers a superb combination of comfort, convenience, and investment security — just steps from Heidelberg’s vibrant Burgundy Street precinct.
Comprising two generous bedrooms (master with ensuite), a dedicated study, and two modern bathrooms, the home delivers 90sqm of stylish interior living plus an 8sqm private balcony. The open-plan layout features a well-appointed kitchen with quality appliances, stone benchtops, and ample storage, seamlessly connecting to the living and dining area.
With two secure car parks and a long-term lease in place at $690 per week (expiring 15 January 2027), this property represents an ideal opportunity for investors seeking a low-maintenance, high-demand rental in one of Melbourne’s key medical and education hubs.
Property highlights:
- Two bedrooms, two bathrooms plus study area
- Two secure car spaces
- Internal: 90 sqm | Balcony: 8 sqm | Total: 98 sqm
- Currently leased at $690/week (unfurnished) until 15 Jan 2027
- Modern kitchen with stainless-steel appliances and stone finishes
- Open-plan living leading to a private balcony
- 1 x Split-system heating and cooling
- Secure building with lift access and intercom
Outgoings (approximate):
- Owners Corporation fees: $6,800 p.a.
- Council rates: $1,098 p.a.
- Water rates: $185 per quarter
Unbeatable location:
- Warringal Shopping Centre – 95 m
- Austin & Mercy Hospitals – 800 m
- Heidelberg Train Station – 1.4 km
- La Trobe University (Bundoora) – 5 km
- Ivanhoe Grammar School – 3.9 km
- Our Lady of Mercy College – 500 m
- Heidelberg Primary School – 350 m
- Viewbank College – 3.5 km
Please note: The staging furniture displayed in marketing photos is not included in the sale.
Inspection: As the property is currently tenanted, private inspections can be arranged upon request after online review of the photos and floorplan.
Property History for 301/40 Burgundy St, Heidelberg, VIC 3084
- 27 Jul 2026Sold for $640,000
- 28 Dec 2025Listed for Rent $690 / week
- 05 Aug 2025Listed for Sale $630,000 to $650,000
Recent sales nearby
See more recent sales nearby/assets/perm/724sahdheui65ksipokframnr4?signature=d4b5fbed4da759fbb87e2f9243335c34e3d1fdf3b3f384de6464d35e3e0348a6){kind=logo}
0/assets/perm/7p5eufxoy4i63bjkmfvctpzcpu?signature=5bff1cf8c166cce3bc441eab8a18f30a5441704e0490ce01764fbbd194dbf38b){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 4,433 properties. Over the last 5 years, Houses in Heidelberg have seen a -9.82% decrease in median value, while Units have seen a -5.74% decrease. As at 31 August 2026:
- The median value for Houses in Heidelberg is $1,349,642 while the median value for Units is $640,640.
- Houses have a median rent of $700 while Units have a median rent of $580.
Suburb Insights for Heidelberg 3084
Market Insights
Heidelberg Trends for Houses
N/A
N/A
View TrendN/A
N/A
Heidelberg Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
