Back 508/389 Bourke St
Off Market

508/389 Bourke St

Surry Hills NSW 2010

1
Apartment
Last sold for $460,000
Kristian Nelson-MarshallKristian Nelson-Marshall, last sold this property on 03 August 2025 after 151 days on market.

Overview

Tasteful art deco pied-à-terre on the city edge

Oozing with natural light, compact and well-appointed, this studio apartment makes the ideal city base as a part time bolt hold or high yielding investment. Renovated and move in ready, this city edge address features art deco appointments, fitted breakfast bar, district outlooks, smartly designed bathroom and a well equipped kitchenette. Don't let size fool you, a deceptively spacious floorplan that offers a relaxed retreat amongst the center of Sydney's vibrant inner city action. - Set within the landmark Belgenny Art Deco refurbished security building - Fresh contemporary renovation, defined floorplan, separate bed space - Elevated position capturing sweeping district outlooks - Large picture windows and excellent natural light - A strong investment offering high yield potential - Easy walk to Sydney CBD, Moore Park, Hyde Park & transport at the door - Strata Levies: $1,118.35 p/q (approx.) - Council Rates: $266.70 p/q (approx.) - Water rates: $175.98 p/q (approx.)

Features

1 bathroom
Apartment

Estimated Value

Based on this property and similar apartments sold in Surry Hills over the last 12 months, the estimated median property value of 508/389 Bourke St is $530k.

Median value
$530k
Estimated value range
$320k - $685k
Median days on market
17
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Surry Hills. 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 508/389 Bourke St

2025
Sold
$460,000
03 Aug 2025 by Kristian Nelson-Marshall, of Ayre Real Estate Surry Hills
2022
Sold
Undisclosed
Private Sale/Treaty on 20 Dec 2022 by Adrian Vassallo, of Stone Real Estate Newtown
2020
Rented
Undisclosed
Leased on 15 Oct 2020 by Laing+Simmons Kingsford

Happy sellers in Surry Hills

83%
83% of sellers in Surry Hills reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 67 reviews in Surry Hills over the last 12 months.

Local market activity for apartments in Surry Hills

In the last 12 months, 4 apartments similar to 508/389 Bourke St, have been sold.

This represents a 25% decrease in apartments sales when compared to the previous 12 months.

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