606/640 Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

606/640 Bourke Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 606/640 Bourke St, Melbourne

606/640 Bourke St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (May 2025)

Located in the true heart of Melbourne.
Embrace the best of Melbourne as a resident, not just a visitor. Immerse yourself in the city's eclectic mix of entertainment, commerce, culture and convenience when you make this special place your home.
From a rich past, Melbourne is reshaping its future. Live surrounded by cafs, restaurants, galleries and specialty shopping just steps away and transport options on the doorstep.

This impressive three-storey brick warehouse was built in 1925 for the hardware and machinery merchants Eliza Tinsley and Co. and reflects significant architectural styles of its time.640 Bourke Street's heritage building is home to a lavish suite of amenities reserved exclusively for The Eliza Collection.
1 bed + Study size 52 to 92.4m2 Price range $677,500 to $813,500
1 bed size 50 to 56.6m2 Price range $640,000 to $778,500
3 bed + 2 Bath size 116.5 to 153.2m2 Price range $2,405,000 to $3,950,000
2 bed + 2 Bath size 69.2 to 97m2 Price range $880,000 to $1,924,000

Completion in 2029

Property History for 606/640 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 14 May 2025
    Listed for Sale Contact Us
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 64,290 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 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 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.