SOLD
Sold on 26 Jun 2024 for $800,000

55 Burgundy Street
Heidelberg VIC 3084

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 228m2
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Property Details for 55 Burgundy St, Heidelberg

Building Type
Commercial
Land Size
228m2
Local Government
Banyule
Lot/Plan
2A/RP18483

Last Listing description (April 2021)

Surrounded by an excellent tenancy mix is this spacious open plan retail office space versatile for all uses.

- Building area: 225 sq. metres (approx)
- Frontage to Burgundy Street

- Onsite parking
- Rear access via right of way
- Ramp access to building from Burgundy Street
- Zoned Commercial 1
- Fully air conditioned
- Close proximity to Austin & Mercy Hospitals, train station, Heidelberg Law Courts plus access closely to the Eastern Freeway

All prices quoted are exclusive of GST.

Miles Real Estate.

Property History for 55 Burgundy St, Heidelberg, VIC 3084

A timeline of how this property has performed in the market
Last Sold
$800,000
26 Jun 2024
Listed for Rent
$1.44k/w
19 Feb 2021
  • 26 Jun 2024
    Sold for $800,000
  • 14 Feb 2020
    Listed for Rent $75,000 / year
  • 17 Dec 1999
    Sold for $385,000
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About Heidelberg 3084

The size of Heidelberg is approximately 2.9 square kilometres. It has 13 parks covering nearly 20% of total area. The population of Heidelberg in 2011 was 5,712 people. By 2016 the population was 6,250 showing a population growth of 9.4% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation. In 2011, 63.4% of the homes in Heidelberg were owner-occupied compared with 57.2% in 2016.

Heidelberg has 4,336 properties. Over the last 5 years, Houses in Heidelberg have seen a 18.47% increase in median value, while Units have seen a 12.37% increase. As at 31 October 2024:

  • The median value for Houses in Heidelberg is $1,386,121 while the median value for Units is $666,312.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Heidelberg on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Heidelberg.

Suburb Insights for Heidelberg 3084

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.