501/40 Burgundy Street, Heidelberg, VIC 3084 | Property Value & History | OnTheHouse
 
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501/40 Burgundy Street
Heidelberg VIC 3084

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 2126m2
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Last updated 21 Sep 2026
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Property Details for 501/40 Burgundy St, Heidelberg

501/40 Burgundy St, Heidelberg is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 2126m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2011
Floor Size
107m2
Land Size
2126m2
Local Government
Banyule
Lot/Plan
501/PS622155

Last Listing description (January 2024)

Situated in the heart of Heidelberg, this exceptionally sized apartment stands out for all the right reasons. Featuring two well-sized bedrooms (master with ensuite), open plan kitchen/dining (featuring island bench & stainless steel appliances) and light-filled lounge with stunning views of nearby parklands which you can enjoy from the comfort of your couch or on adjoining balcony.

This home offers a designated study nook, European Laundry, central bathroom, sufficient storage, split system heating/cooling and the added bonus of two secure car spaces.

The location offers immense convenience with Warringal Shopping Centre at your doorstep with an array of supermarkets (Aldi, Coles, Leo's, Woolworths), cafes & restaurants all within a short walking distance as well as Heidelberg Station, Austin hospital & Warringal medical precinct, illustrious primary and secondary schools, parklands and easy access into the CBD!

With grand appeal to all, whether you are a first home buyer or a savvy investor, this is one you must book in to see.

For all enquiries please contact Michael Del Monte 0408 190 711

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Property History for 501/40 Burgundy St, Heidelberg, VIC 3084

A timeline of how this property has performed in the market
Last Sold
$591,000
11 Dec 2023
Listed for Rent
$460/w
22 Jul 2019
  • 11 Dec 2023
    Sold for $591,000
  • 18 Sep 2023
    Listed for Sale Private sale $585,000 - $630,000
  • 24 Feb 2021
    Listed for Rent $460 / week
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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 4,433 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.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Heidelberg on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Heidelberg.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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