Back 308/40 Burgundy St
Off Market

308/40 Burgundy St

Heidelberg VIC 3084

2
2
2
Apartment
Last sold for $590,000
Malinda MartinMalinda Martin, last sold this property on 03 July 2025 after 42 days on market.

Overview

Light-Filled Apartment in Prime Heidelberg Location

Sold By McGrath Ivanhoe Step inside this generously sized 2-bedroom, 2-bathroom, 2-car apartment and enjoy low-maintenance living in the vibrant heart of Heidelberg. Located in a boutique building of just 44 apartments with two lifts and secure access, this home offers the perfect balance of comfort, space, and convenience. The light-filled open-plan living and dining area features warm timber flooring and flows seamlessly into a well-appointed kitchen with stone benchtops, stainless steel appliances, a brand-new gas cooktop, and a dishwasher-ideal for everyday living or casual entertaining. A private balcony, accessed via the bedroom, offers a peaceful spot to relax while enjoying elevated views across Heidelberg's eastern skyline. Both bedrooms are generously sized and include built-in robes, with the master featuring its own ensuite. A modern second bathroom, European laundry (including washing machine), and thoughtful layout add to the apartment's easy livability. Additional features include split-system heating and cooling, intercom entry, basement tandem parking for two vehicles, a storage cage, and lift access. Perfectly positioned on Burgundy Street, you're within easy walking distance to cafes, shops, restaurants, Austin and Mercy hospitals, parklands, and public transport. A fantastic lifestyle opportunity for owner-occupiers or investors in a tightly held, well-maintained building.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Heidelberg over the last 12 months, the estimated median property value of 308/40 Burgundy St is $642.5k.

Median value
$642.5k
Estimated value range
$360k - $1m
Median days on market
32
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Heidelberg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 308/40 Burgundy St

2025
Sold
$590,000
03 Jul 2025 by Malinda Martin, of Mcgrath Ivanhoe

Happy sellers in Heidelberg

92%
92% of sellers in Heidelberg reported that their sale price either exceeded or met their price expectations.

Heidelberg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Heidelberg over the last 12 months.

Local market activity for 2 bedroom apartments in Heidelberg

In the last 12 months, 51 two-bedroom apartments similar to 308/40 Burgundy St, have been sold.

This represents a 18% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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