Back 503/40 Burgundy St
Off Market

503/40 Burgundy St

Heidelberg VIC 3084

1
1
1
Apartment
Last sold for $420,000
Suzy PavlovSuzy Pavlov, last sold this property on 25 May 2025 after 4 days on market.

Overview

Spacious One-Bedroom Apartment in the Heart of Heidelberg

Discover the perfect blend of style, convenience, and comfort in this spacious 1-bedroom, 1-bathroom apartment, located in the heart of Heidelberg. This property is ideal for professionals, or investors seeking an exceptional opportunity in a vibrant, well-connected area. With a secure carpark and a storage unit, this modern apartment provides everything you need for contemporary living. Prime Location: Situated in the lively Burgundy Street precinct, you'll enjoy convenient access to all the amenities Heidelberg has to offer, with easy transport links and proximity to leading schools and hospitals.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Heidelberg over the last 12 months, the estimated median property value of 503/40 Burgundy St is $409k.

Median value
$409k
Estimated value range
$310k - $475k
Median days on market
23
Estimated value trend
8%
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 503/40 Burgundy St

2025
Sold
$420,000
25 May 2025 by Suzy Pavlov, of McDonald Upton
2024
Rented
Undisclosed
Leased on 02 Sep 2024 by Miles Real Estate
2024
Rented
Undisclosed
Leased on 18 Jan 2024 by Miles Real Estate

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 1 bedroom apartments in Heidelberg

In the last 12 months, 21 one-bedroom apartments similar to 503/40 Burgundy St, have been sold.

This represents a 18% increase in one-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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent