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Back 405/40 Burgundy St
Off Market

405/40 Burgundy St

Heidelberg VIC 3084

2
2
2
2126 m²
Apartment
Last sold for $650,000
Ian DempseyIan Dempsey, last sold this property on 14 November 2025 after 24 days on market.

Overview

Light-Filled Luxury in the Heart of Heidelberg

Flooded with natural light and defined by modern sophistication, this exceptional apartment at 405/40 Burgundy Street delivers a lifestyle of comfort, convenience, and absolute accessibility in one of Melbourne's most sought-after locations. Designed for contemporary living, the home opens to a spacious open-plan living and dining zone that flows effortlessly onto a private balcony, offering leafy views and the perfect setting to entertain guests or unwind at the end of the day. The sleek, well-appointed kitchen is equipped with quality stainless steel appliances, ample bench space, and excellent storage, ensuring both style and functionality. Two generous bedrooms, each complete with built-in robes, are complemented by two modern bathrooms, including a master ensuite, providing both privacy and practicality. Further enhancing the appeal are thoughtful inclusions such as split-system heating and cooling, a European laundry, two secure car spaces, and a storage cage, making this home as practical as it is stylish. The apartment is located within a secure complex with lift access, adding peace of mind for everyday living. The position is nothing short of outstanding. Right in the heart of Burgundy Street, you're just moments from Heidelberg's vibrant café and dining culture, boutique shops, and retail hubs. Everyday convenience is unmatched, with Austin Hospital, Warringal Shopping Centre, and beautiful parklands including Heidelberg Gardens all within walking distance. Public transport is equally seamless, with Heidelberg Station providing effortless access to the CBD, while arterial roads ensure easy connections to surrounding suburbs. Offering the perfect blend of lifestyle, location, and low-maintenance modern design, this property is ideal for professionals wanting a city-fringe base, downsizers seeking convenience without compromise, or investors looking to secure a prime position in Heidelberg's thriving market. Apartments of this calibre, in such a blue-chip location, are rarely available - making this an opportunity not to be missed.

Features

2 bedrooms
2 bathrooms
2 carspaces
1 open car space
1 garage space
2126 m² lot size
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 405/40 Burgundy St is $640k.

Median value
$640k
Estimated value range
$360k - $1m
Median days on market
32
Estimated value trend
3%
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 405/40 Burgundy St

2025
Sold
$650,000
Auction Sale on 14 Nov 2025 by Ian Dempsey, of Ray White Preston

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, 52 two-bedroom apartments similar to 405/40 Burgundy St, have been sold.

This represents a 20% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Heidelberg

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Domenic Malgeri

Domenic Malgeri is a recommended agent for Heidelberg.  They have 10 local sales and collected 5 local reviews across the last 12 months.

  •   4.8   (11 reviews)
  •  5 Reviews in Heidelberg
  •  10 Sales in Heidelberg
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Michael Divito

Sellers who recommend Michael Divito have praised them for being clear communication, local expert, honest, supportive, responsive, reliable and friendly

  •   4.9   (293 reviews)
  •  2 Reviews in Heidelberg
  •  1 Sale in Heidelberg
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Mary Ali

Sellers who recommend Mary Ali have praised them for being clear communication, local expert, detail-oriented, trustworthy, reliable, responsive and easy to work with

  •   5   (49 reviews)
  •  2 Reviews in Heidelberg
  •  1 Sale in Heidelberg
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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Heidelberg.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (492 reviews)
  •  1 Review in Heidelberg
  •  1 Sale in Heidelberg
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