Back 7/38-40 Banksia Street
Off Market

7/38-40 Banksia Street

Heidelberg VIC 3084

2
1
2
Apartment
Last sold for $700,000
Leanne BradfordLeanne Bradford, last sold this property on 31 October 2025 after 30 days on market.

Overview

Surrounded & Set Back Privately Behind Leafy Garden

SOLD By Miles Real Estate. Privately tucked away behind a leafy garden, this superbly renovated villa unit delivers the perfect low-maintenance lifestyle with spacious interiors, stylish updates and fabulous alfresco appeal and desirable lifestyle convenience.. Ready to enjoy without lifting a finger, the home showcases a generous living room, dining area and a gourmet kitchen with stainless-steel appliances, all flowing seamlessly to a large timber deck framed by beautifully landscaped gardens - ideal for entertaining or quiet relaxation. One of only eight in a tightly held block, the two-bedroom home combines seclusion and style with everyday convenience. Just a short walk to Yarra River parklands, Burgundy Street cafes and shops, the Austin Hospital, schools and Heidelberg train station, the location is as appealing as the home itself. Features include: - Stunning modern bathroom with free standing bath plus separate WC - Full laundry, and LED lighting - Ducted heating and split-system heating and cooling - Lock-up garage plus additional car space Perfect for downsizers, first-time buyers or investors, this easy-care residence offers comfort, quality and lifestyle in one impressive package.

Features

2 bedrooms
1 bathroom
2 carspaces
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 7/38-40 Banksia Street 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 7/38-40 Banksia Street

2025
Sold
$700,000
Private Sale/Treaty on 31 Oct 2025 by Leanne Bradford, of Miles Real Estate
2021
Sold
$735,000
Auction Sale on 03 Mar 2021 by Leanne Bradford, of Miles Real Estate
2016
Sold
$501,000
Private Sale/Treaty on 09 Apr 2016 by Carmen Stenta, of Ray White Manningham

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 7/38-40 Banksia Street, have been sold.

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

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