501/600 Little Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
FOR SALE

501/600 Little Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 27m2
Land area: 466m2
This property is currently on the market
Save

Property Details for 501/600 Little Bourke St, Melbourne

501/600 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 466m2 and floor size of 27m2.This Property is currently listed for sale with SaleByHomeOwner.com.au

Building Type
Unit
Year Built
1998
Floor Size
27m2
Land Size
466m2
Local Government
Melbourne
Lot/Plan
501/PS402302

Last Listing description (March 2026)

The phone enquiry code for this property is - 2038

About the apartment
A low maintenance CBD residence in the legal/financial precinctperfect to owner occupy or lease out on standard residential terms (no pooling, head lease or building run management). Efficient open plan layout (~26 sqm) with modern bathroom, secure entry, lift access and on site coin laundry. An ideal first step into the market, weekday city base, or simple investment with enduring tenant appeal.

Price guide: $250,000|Inspections: By appointment
________________________________________
Attractions & lifestyle (easy walk / Free Tram Zone)
Southern Cross Station Melbournes major transport hub for metro, regional rail and airport coach links; shops and services on site.
Flagstaff Gardens Melbournes oldest public park; lawns, trees and calm green space on the citys edge.
Bourke Street Mall & Emporium Melbourne flagship department stores, fashion and dining in the heart of the CBD.
Queen Victoria Market historic fresh food market and specialty retail across multiple sheds and laneways.
Crown Melbourne / Southbank dining, entertainment and riverside promenade just across the Yarra.
Marvel Stadium, Docklands AFL, concerts and major events nearby.
Free Tram Zone hop on/off trams around the CBD without tapping on.

Property Code: 354

Property History for 501/600 Little Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
01 Aug 2021
Listed for Rent
$450/w
09 Aug 2025
  • 01 Mar 2026
    Listed for Sale $250,000
  • 19 Jul 2025
    Listed for Rent $450 / week
  • 13 Feb 2025
    Listed for Sale $187,000- $199,000
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 64,267 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 279 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2695 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.