Back 507/399 Bourke Street
Off Market

507/399 Bourke Street

Melbourne VIC 3000

1
40 m²
Studio
Last sold for $282,000
Anthony CiminoAnthony Cimino, last sold this property on 26 January 2022 after 22 days on market.

Overview

Stylish Studio Sensation

Fronted with elegance in The Foundary building, this stylish studio apartment presents the perfect foundation for fuss-free lifestyle living the heart of Melbourne's bustling retail precinct. Sleekly designed with a streamlined ambience, the apartment benefits from modern fittings and fixtures and allows for easy indoor-outdoor enjoyment thanks to effortless sliding door access onto the balcony. Start your property journey here or add to your investment portfolio with this splendid apartment and make the most of Melbourne's sought-after lifestyle attractions, whilst living in this spectacular boutique complex. • Open plan studio design • Combined bedroom, living and dining zone • Modern kitchen with integrated dishwasher • Delightful balcony for outdoor enjoyment • Neutrally tone bathroom • Discrete Euro laundry • Intercom entry and lift access • Wander to Bourke St Mall and Melbourne Central • Enjoy world class theatre attractions • Explore Queen Victoria Market and parkland • Hop on a tram or travel on the train

Features

1 bathroom
40 m² floor area
Studio

Estimated Value

Based on this property and similar studios sold in Melbourne over the last 12 months, the estimated median property value of 507/399 Bourke Street is $185k.

Median value
$185k
Estimated value range
$160k - $310k
Median days on market
29
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. 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 507/399 Bourke Street

2025
Rented
Undisclosed
Leased on 11 Aug 2025 by Harcourts Melbourne City
2025
Rented
Undisclosed
Leased on 27 Feb 2025 by Harcourts Melbourne City
2023
Rented
Undisclosed
Leased on 22 May 2023 by Harcourts Melbourne City

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for studios in Melbourne

In the last 12 months, 13 studios similar to 507/399 Bourke Street, have been sold.

This represents a 36% increase in studios sales when compared to the previous 12 months.

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