506/399 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

506/399 Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 4656m2
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Last updated 22 Dec 2025
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Property Details for 506/399 Bourke St, Melbourne

506/399 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 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
1920
Floor Size
50m2
Land Size
4656m2
Local Government
Melbourne
Lot/Plan
506B/PS516258

Last Listing description (June 2025)

High ceilings, polished concrete floors and a balcony overlooking the GPO.
Gorgeous, comfy and fun - relax in this decorated city pad where everything you need is right on your doorstep.
Comprising a comfy living area with funky accessories, large bedroom space, kitchen with stone benches, oven, dishwasher and appliances, bathroom with full sized bath and separate Euro laundry and the convenience of a secure car park.

Walk to Bourke Street Mall, Equitable and Bank Place cafes and restaurants and plenty of shopping, dining and entertainment options. Trams at your door and Flinders Street Station a 2 minute walk.

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Property History for 506/399 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$305,500
05 Jun 2015
Listed for Rent
$540/w
25 Jun 2025
  • 17 Jun 2025
    Listed for Rent $540 / week
  • 28 Sep 2023
    Listed for Rent $550 / week
  • 05 Jun 2015
    Sold for $305,500
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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