301/471 Little Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

301/471 Little Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1171m2
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Property Details for 301/471 Little Bourke St, Melbourne

301/471 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1171m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1982
Land Size
1171m2
Local Government
Melbourne
Lot/Plan
301/PS408887

Last Listing description (March 2017)

Ideal for keen investors who want to take advantage of its excellent returns and no outgoings, this spacious one bedroom apartment in the upmarket 4.5-star 'Mantra on Little Bourke' is an appealing modern style boutique apartment, in a great location with stunning CBD attractions right at your fingertips.
Generous rental returns of $18,381.12 per annum with an overall return of 6.6% pa means this gem is bound to be snapped up by purchasers in search of an easy care investment with no Owners corp fees, council or water rates. Also perfect for those with self-managed super funds.
Fully furnished and with brilliant space, this open and vibrant apartment features generous living and meals zone with a mounted flat screen Samsung TV, deluxe kitchen with appliances including a microwave, bright bedroom with a mirrored built-in robe, large bathroom with separate shower and bath plus a laundry with washer dryer, 24-hr concierge, ground floor restaurant and bar, and access to the top floor gym and sauna.

In Melbourne's legal precinct and close to Bourke Street Mall, iconic Chinatown restaurants, Emporium Melbourne, Melbourne's GPO, Melbourne Central, Flagstaff Gardens, trams, and Southern Cross Station and Flagstaff Station.

Property History for 301/471 Little Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$280,000
07 Mar 2017
  • 07 Mar 2017
    Sold for $280,000
  • 27 Feb 2017
    Listed for Sale $280,000
  • 06 Jun 2000
    Sold for $200,000
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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 64,271 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 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.