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Location

Market Insights for Heidelberg VIC 3084

New Listings (last 30 days)

Average price

$568,800

Lowest price

$450,000

Highest price

$650,000

504/112-120 Burgundy Street, Heidelberg VIC 3084

For Sale $379,000

Search Band

$379k - $398k Transparent Based on an openly advertised listing price.

Apartment 1 bed 1 bath 1 car

Listed: 23rd Jul 2026

Updated: 46 days ago

Overview

This bright and north-facing one-bedroom apartment, located in the popular 'Heidi' building in the heart of Heidelberg, offers a compelling combination of comfort, security, and convenience. The residence is thoughtfully designed to maximise natural light, enhancing the welcoming atmosphere enriched by timber flooring throughout.

The apartment features a versatile open-plan living and dining space that extends seamlessly onto a private balcony, ideal for relaxing or entertaining. The kitchen is well-equipped with quality appliances, supporting efficient meal preparation. Additionally, a dedicated study nook provides a practical space for working from home or personal projects.

A stylish bathroom incorporates laundry facilities, optimising the use of space without compromising on design. Included with the property are secure fob access, a convenient car stacker parking space, and an oversized storage cage, offering practical benefits for residents.

Residents gain access to the building's rooftop terrace, presenting a communal area to unwind and enjoy the surroundings, although this amenity is currently undergoing renovations. The apartment’s location is exceptionally convenient, situated moments from Burgundy Street’s vibrant cafes, restaurants, and shops, as well as proximity to Heidelberg train station, Austin Hospital, and the scenic Yarra River parklands.

This property represents a smart opportunity for first home buyers, professionals, or investors seeking a secure, low-maintenance lifestyle with excellent connectivity in one of Heidelberg’s most desirable locations.

Local Market Insights

In Heidelberg, Quiet Listings observed 5 new apartments entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $568,800. The property type mix of listed properties is predominantly Houses at 45%, followed by townhouses (19%), and apartments (16%). The most active agency for apartments in the Heidelberg area is currently Miles Real Estate, representing 40% of new listings, followed by Nelson Alexander with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.