404/471 Little Bourke Street, Melbourne, VIC 3000 sold on 11 April 2025 | OnTheHouse
SOLD
Sold on 11 Apr 2025 for $272,000

404/471 Little Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1171m2
Sold By
Save

Property Details for 404/471 Little Bourke St, Melbourne

404/471 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 April 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

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

Last Listing description (April 2025)

Set to impress in the heart of the CBD, this supersized studio apartment comes fully serviced and furnished as a rewarding investment opportunity. Hit the ground running as part of the well-managed PHG hotel scheme and pocket lucrative returns without having to lift a finger! Head downstairs and take full advantage of a blue-chip location within walking distance of the legal precinct, Bourke Street Mall, QV shopping, universities, Queen Victoria Market, Hardware Lane alfresco dining, Flagstaff trains, and free city trams.

The open floorplan spreads out over approximately 50sqm with wide-reaching living and dining, underscored by an L-shaped kitchen with gleaming granite surfaces, an electric cooktop, a Sharp microwave, and a Euro-style laundry. Facing east on the fourth level, the light-filled layout incorporates so much room for rest and retreat in a dedicated space offering mirrored built-in robes, a study zone, and queen-sized comfort. The vast bathroom is graced with a luxurious bathtub, a walk-in shower, and a granite-topped vanity.

Additional features include ducted heating and cooling throughout, day/night curtains, and recessed down-lighting, and resort-inspired use of a top-floor gym and sauna. The stylish furniture comprises a pair of queen-sized beds, wall-mounted televisions, a large desk and two chairs, sofa, and quality white goods including a Hisense fridge and a washer/dryer. Inspect this high-flying portfolio performer with confidence!

8.23% Annual Gross Rental Yield based on $459 per week and a sale price of $290,000.

Lease until March 2029

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 404/471 Little Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$272,000
11 Apr 2025
  • 11 Apr 2025
    Sold for $272,000
  • 14 Jan 2025
    Listed for Sale $272,000
  • 16 Jul 2022
    Sold for $295,000
Sign in to see more transactions
Commute Calculator

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 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 250 properties listed for sale, and 158 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.