510/399 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

510/399 Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 4656m2
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Property Details for 510/399 Bourke St, Melbourne

510/399 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 44m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1920
Floor Size
44m2
Land Size
4656m2
Local Government
Melbourne
Lot/Plan
510B/PS516258

Last Listing description (March 2025)

This idyllic and stylish studio on the fifth floor of the secure John Danks building features a spacious open living area with warmth from a row of windows along the length of the apartment. 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 which captures lots natural lights. Walking in an open plan lounge and fully equipped kitchen, with gas stove, integrated microwave, dishwasher , stone benchtop and plenty cabinets for storage. Good size bedroom linked to a modern bathroom with bathtub for you to enjoy a good warm bath. Building features secure swipe entry, lift to every floor, this property feel like home.

- High Ceilings

- Air conditioning and heating
- Modern stone benchtops
- Glass splashbacks
- Stainless steel European appliances with Gas cooktop
- Convection microwave oven
- Refrigerator
- 2-pack hi-gloss cabinets
- Laundry facilities include a 5kg front load washing machine.

The apartment comes fully furnished with quality furniture, bedding, and everything else required to make this an easy decision for the busy professional or student.

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- Agency information

Name: L Real Estate
Email: info@lrealestate.com.au
Address: Opposite 220 Spencer St, Melbourne, VIC3000 (ShopB5, 99 Spencer St)

Property History for 510/399 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Oct 2015
Listed for Rent
28 Mar 2025
  • 13 Mar 2025
    Listed for Rent $540 / week
  • 30 Jan 2023
    Listed for Rent $495 / week
  • 06 Sep 2021
    Listed for Rent $265 / week
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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 64,297 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:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 248 properties listed for sale, and 374 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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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.