607/471 Little Bourke Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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607/471 Little Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1171m2
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Property Details for 607/471 Little Bourke St, Melbourne

607/471 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1171m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
Unit
Year Built
1982
Land Size
1171m2
Local Government
Melbourne
Lot/Plan
607/PS408887

Last Listing description (April 2013)

Desirable Investment opportunity
Attention all investors looking for a long term investment that offers generous returns.
This Lovely and spacious suite is available to buyers looking for a high return on their initial investment.

Located at Mantra on Little Bourke this studio apartment offers a generous 7% return on your investment.
This exclusive Hotel suite is fully furnished with a guaranteed
$1565.80 net per month. The Hotel also takes care of the outgoings so all you do is collect the income.
With a secure lease in place, this will give you the opportunity to experience great capital growth as well.
The apartment itself is located on the 6th floor with beautiful sun soaked views over the supreme courts.
This 42 sq m approx apartment includes a kitchen, separate bathroom toilet, and furnishings.
With a strong tourism industry and good prospects for the property market why not invest in both.
Inspections by appointment

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Property History for 607/471 Little Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$240,000
07 May 2013
  • 07 May 2013
    Sold for $240,000
  • 13 Mar 2013
    Listed for Sale P.O.A.
  • 10 Aug 2000
    Sold for $220,000
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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 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2747 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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