Home/Properties/Southbank/1109/1 Balston Street
1109/1 Balston Street, Southbank$370,000
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For Saleapartment

1109/1 Balston Street

Southbank, VIC 3006, Australia
$355,000 – $385,000
1 bed 1 bath

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About this property

Placed to perfection in the favoured warmth of northeastern light, this stunning 1 bedroom apartment is enhanced by the work-from-home privacy of a compact study with a desk. Venture downstairs and the best of Southbank is ready to explore from your doorstep. Walk to Woolworths, Boyd Park, South Melbourne Market, arts precinct vibrancy, Southbank Library, Crown, and riverside dining on Southbank Promenade. A stone-topped kitchen showcases soft-closing cabinetry, a glossy splashback, a Fisher and Paykel dish-drawer, and high-quality Miele appliances including an integrated microwave and a 4-burner gas cooktop. Set on the 11th floor of the luxury-led Southbank Central complex, roomy open-plan living and dining makes way for an undercover northeast-facing balcony highlighting sensational views towards the soaring city skyline. A light-filled bedroom is generously scaled, serviced by mirrored built-in robes and a fully tiled bathroom. Take advantage of a Euro laundry, ducted heating and cooling, double glazing, tiled hallway entrance, recessed down-lighting, slimline Venetian blinds, and additional roller blinds in the bedroom. Saving money on power bills with a 6.5 star energy-efficiency rating, Southbank Central is graced with a 24-hour concierge, intercom, high-speed lifts, and resort-style use of a 25m indoor heated pool, a well-equipped fitness centre, sunny BBQ terraces, and a shared lounge with dining facilities. Inspect with confidence! Outgoings: Council Rates: $244.71 per quarter approx. Water Rates: $176.08 per quarter approx. Owners Corporation Fees: $943.10 per quarter approx. Potential Rental Income: $545 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
2 months ago

Repayment calculator

$1,794/month
$897 /fortnight
Loan $296,000 at 6.10% over 30 years

Upfront costs

Deposit$74,000
Stamp duty$17,270
Conveyancing (est.)$2,000
Total upfront$93,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southbank

This 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 40% below the $615,000 median of 74 comparable apartmentswithin 5 km.

Schools near Southbank

  • South Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 116: City Road (tram)136 m away
  • Unnamed63 m away
  • Boyd Community Park68 m away
  • Unnamed153 m away
  • Unnamed352 m away

Southbank at a glance

Full suburb profile
Population
22,631
Median age
31
Household income
$1,926/wk
Median rent
$411/wk
Median mortgage
$1,900/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

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Full Southbank market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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