801/471 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit 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 April 2023.
This sought after building is close to some of Melbourne's best attractions. Located in a quiet part on Melbourne but only moments to the action the apartment complex appeals to savvy investors.
Fully furnished and with brilliant space, this open plan, vibrant apartment features generous living and meals zone with a mounted flat screen TV, deluxe kitchen with appliances including a microwave, bright bedroom and large bathroom with separate shower and bath plus a laundry with washer dryer. Extra features include 24-hr concierge, ground floor restaurant and bar.
Perfect for an investment this apartment has a lease with a return of 21,970.39 per year.
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 64,269 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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