502/399 Bourke St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1918. The property has a land size of 4656m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last transferred in August 2024.
Highly sought after, but rarely available, this spacious studio apartment is situated on the prime spot yet quiet part of Bourke Street. A short scroll to the GPO and Bourke Street Mall, Myer, David Jones, local shops, cafes and restaurants, full access to Melbourne CBD has to offer.
High ceilings with north facing, which captures lots natural lights. Walking in a open plan lounge and fully equipped kitchen, with gas stove, integrated microwave, dishwasher, bar fridge, stone benchtop and plenty cabinets for storage.
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 64,270 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:
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