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1510/1 Balston Street, Southbank$450,000
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1510/1 Balston Street

Southbank, VIC 3006, Australia
$450,000
1 bed 1 bath 1 car

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About this property

Stretching out in the all-day warmth of northern sunlight, this oversized 1 bedroom (plus study) apartment delivers a flexible floor plan with an exciting opportunity to work from home without compromising on space. Head downstairs and stroll to neighbouring Boyd Park, local cafes, Woolworths, the arts precinct, trams, Crown, and all the choice of South Melbourne Market. Make your move as this special property will be popular! Roomy open-plan living and dining complements a stone-finished kitchen boasting a mirrored splashback, soft-closing cabinetry, and premium Miele appliances including a full-sized dishwasher and a 4-burner gas cooktop. The apartment is enhanced by a versatile open study graced with a built-in workstation. Perched 15 floors high in the resort-grade Southbank Central complex, floor-to-ceiling glass slides open to an undercover north-facing balcony showcasing spectacular skyline views towards the city. This perfectly peaceful setting for an after-work drink or a weekend breakfast will be enjoyed on a daily basis. Also sharing the commanding outlook, a generously sized bedroom is filled with light, serviced by mirrored built-in robes and a fully tiled bathroom. Comprehensive features include secure car parking, a European laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed down-lighting, slimline Venetian blinds, and additional roller blinds in the bedroom. Saving on power bills with a 6.5 star energy-efficiency rating, take advantage of intercom security, a 24-hour concierge in a grand foyer, high-speed lifts, and resort-style use of a 25m indoor heated pool, fully equipped gym, shared lounge/dining areas, and BBQ terraces. An inspection will be rewarded! Outgoings: Council Rates: $275.72 per quarter approx. Water Rates: $174.90 per quarter approx. Owners Corporation Fees: $980.83 per quarter approx. Potential Rental Income: $580 - $620 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
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,182/month
$1,091 /fortnight
Loan $360,000 at 6.10% over 30 years

Upfront costs

Deposit$90,000
Stamp duty$22,070
Conveyancing (est.)$2,000
Total upfront$114,070
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 27% below the $615,000 median of 75 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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Price history

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