406/399 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 January 2014.
Urban chic studio city pad
Get into the groove with this ultra stylish studio apartment in The Foundry building, and join a select group of owners who appreciate it for its high ceilings, exposed industrial detail and lift wells. With Melbourne's laneway culture right on your doorstep, plus all of the city's best cafes and restaurants just a few steps away, you'll love starting out your property life here as a first homebuyer, or do well as an investor. Owner occupied and maintained meticulously, this entry-level property is spotless throughout with its best attribute stunning heritage views facing the iconic GPO building. With soaring ceilings and a contemporary white palette, the apartment opens to a chic kitchenette with a Smeg 2-burner cooktop, integrated Fisher & Paykell dish-washer drawer, plus thick stone benches, glass splashback and built-in microwave. There's space opposite for a table and chair setting, which flows into the body of the apartment comprising a flexible, open plan living and sleeping zone large enough for partitioning. A Juliet balcony allows fresh air to drift inside, where the city views spread out spectacularly, while a modern unit of built-in robes covers off storage. Tucked behind, the bathroom is immaculate, and surprisingly spacious with Caroma fittings.Offering a handy Euro laundry preceding the bathroom, heating and secure intercom, this studio is a real treat indeed, with fantastic amenity beneath including supermarket and cafes, plus trams out front and everything you need in moments.
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 64,285 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:
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