Melbourne Heritage Meets Tomorrow's Skyline

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Location

Market Insights for Melbourne VIC 3000

New Listings (last 30 days)

Average price

$722,853

Lowest price

$170,000

Highest price

$8,000,000

640 Bourke Street, Melbourne VIC 3000

$2,872,300

Search Band

$2.87M - $3.02M Transparent Based on an openly advertised listing price.

Apartment 3 beds 2 baths 2 cars

Listed: 55 days ago

Updated: 54 days ago

Overview

Located in the heart of Melbourne CBD, 640 Bourke Street sets a new standard for urban luxury with its iconic residential development. Designed by the acclaimed architectural firm Rothelowman and developed by Far East Consortium, this apartment offers a blend of timeless architecture and premium modern amenities.

This generous 3-bedroom, 2-bathroom apartment boasts expansive open-plan living and dining spaces filled with natural light pouring through floor-to-ceiling windows that frame stunning city views. The sleek premium stone kitchen, equipped with top-tier appliances and a bar area, caters to both everyday living and sophisticated entertaining.

Elegant designer bathrooms complement the spacious bedrooms featuring built-in wardrobes, ensuring both comfort and style. Residents enjoy exclusive access to an array of hotel-inspired amenities including an indoor swimming pool, gymnasium, wellness facilities, private dining rooms, lounges, a games room, and a well-appointed library alongside beautifully curated communal areas, fostering a lifestyle of convenience and luxury.

Situated just moments from Southern Cross Station, Collins Street’s shopping and dining precincts, Marvel Stadium, Flagstaff Gardens, leading universities, and within the Free Tram Zone, this location offers unmatched connectivity and access.

Whether sought as a prestigious city residence or a valuable long-term investment, this apartment delivers exceptional quality and lifestyle potential within one of Melbourne’s most anticipated luxury developments, with anticipated completion in 2029 and a 10% deposit requirement.

Local Market Insights

In Melbourne, Quiet Listings observed 92 new apartments entering the market over the last 30 days, up from 68 during the previous 30-day period, with an average advertised asking price of $722,853. The property type mix of listed properties is predominantly Apartments at 74%, followed by commercial properties (24%), and units (2%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 14% of new listings, followed by Melbournian Property Group with 12%. 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.