206/399 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

206/399 Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4656m2
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Last updated 19 Jan 2026
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Property Details for 206/399 Bourke St, Melbourne

206/399 Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 4656m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
1920
Land Size
4656m2
Local Government
Melbourne
Lot/Plan
206B/PS516258

Last Listing description (November 2024)

Set behind the faade of The Foundry building, this apartment boasts heritage charm with the luxury of modern finishes. Centrally positioned within walking distance of Melbourne's most iconic shopping district, this spacious 1-bedroom offers comfortable space amplified by vaulted ceilings and an abundance of natural light. An ideal city pad or valuable investment, this is a rare opportunity to secure a space in a classic boutique building.

Modern kitchen with stainless steel SMEG appliances, dishwasher drawer and
stone benchtops

Ample storage and robe space throughout
Modern bathroom with shower-over-bath
Free-flowing living space
Secure building entrance and lift access
Short walk to iconic Hardware Lane and Bourke Street Mall
Steps from Bourke Street and Elizabeth Street trams
Moments from shops, cafs, restaurants and nightlife

Property History for 206/399 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$292,500
26 Sep 2024
Listed for Rent
$350/w
11 Oct 2022
  • 26 Sep 2024
    Sold for $292,500
  • 27 Aug 2024
    Listed for Sale $292,500
  • 19 Sep 2022
    Listed for Rent $350 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.