502/40 Burgundy Street, Heidelberg, VIC 3084 | Property Value & History | OnTheHouse
OFF MARKET

502/40 Burgundy Street
Heidelberg VIC 3084

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2126m2
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Property Details for 502/40 Burgundy St, Heidelberg

502/40 Burgundy St, Heidelberg is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2126m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2009
Floor Size
68m2
Land Size
2126m2
Local Government
Banyule
Lot/Plan
502/PS622155

Last Listing description (September 2025)

Step into urban sophistication with this ideally positioned one-bedroom apartment in the heart of the vibrant Burgundy Street. A perfect home or savvy investment, this gem offers an expansive layout and a separate study area that adds a touch of versatility to your living space.

Boasting a gourmet kitchen adorned with sleek Stone benchtops, gas cooking appliances, and a convenient dishwasher, this residence is a haven for culinary enthusiasts. The open plan living area is complemented by a split system A/C, ensuring comfort all year round, while the private balcony provides a breathtaking panorama of Warringal parklands and the surrounding leafy treetops.

The spacious bedroom, adorned with plush carpets and a built-in robe, creates a cozy retreat, and the stylish bathroom with integrated laundry facilities adds a touch of modern convenience. The apartment is graced with polished floors throughout, exuding a timeless elegance. With lift entry and one car basement parking space including a storage cage, this light-filled sanctuary is the epitome of seamless urban living.

Located within walking distance to Heidelberg train station, Austin Hospital, and the scenic Yarra parklands, this property offers not just a home but a lifestyle. Immerse yourself in the pulse of Burgundy Street, where cafes, shopping, and cultural experiences await just beyond your doorstep. Don't miss the chance to make this apartment your own, make an enquiry today.

Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 502/40 Burgundy St, Heidelberg, VIC 3084

A timeline of how this property has performed in the market
Last Sold
$418,000
23 May 2024
  • 23 May 2024
    Sold for $418,000
  • 13 Dec 2023
    Listed for Sale $418,000
  • 11 Jul 2022
    Listed for Rent $370 / 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 4,431 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 10 properties listed for sale, and 3 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.