65/24-38 Little Bourke Street Melbourne VIC

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Location

Market Insights for Melbourne VIC 3000

New Listings (last 30 days)

Average price

$738,210

Lowest price

$185,000

Highest price

$8,000,000

65/24-38 Little Bourke Street, Melbourne VIC 3000

$300,000 – $330,000

Search Band

$300k - $350k High Confidence Calculated based on strong search observations.

Apartment 1 bed 1 bath

Listed: yesterday

Overview

Set within the historic fabric of Melbourne’s city centre, this studio apartment in the heritage-listed Gordon House, dating back to 1884, offers a unique opportunity to own a piece of the city's rich past while enjoying modern urban living. Situated on the ground floor, this furnished studio is distinguished by a bay window overlooking Little Bourke Street, providing both natural light and a vibrant city outlook.

The apartment’s high ceilings and classic window shutters enhance the sense of space and heritage character, creating an inviting ambiance that celebrates its historical roots. Its layout combines a versatile bed-sitting space with a practical separate kitchen area, fitted with electric cooking facilities, and a stylishly appointed bathroom, making it both functional and comfortable for a city lifestyle.

The secure entry system adds peace of mind, and residents benefit from access to the classic Gordon House amenities, including a large central courtyard with mature palm trees, a swimming pool, and an on-site café, fostering a community feel amidst the urban setting.

Located at the top end of Melbourne’s city, the apartment is minutes from the Theatre District, Parliament Station, Chinatown, and an array of renowned restaurants and cafes, positioning it as an excellent city bolt hole or a secure investment with strong rental and Airbnb potential.

Local Market Insights

In Melbourne, Quiet Listings observed 88 new apartments entering the market over the last 30 days, up from 70 during the previous 30-day period, with an average advertised asking price of $738,210. The property type mix of listed properties is predominantly Apartments at 83%, followed by commercial properties (14%), and units (3%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 15% of new listings, followed by Melbournian Property Group with 13%. 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.