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2603/1 Balston Street, Southbank$375,000
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For Saleapartment

2603/1 Balston Street

Southbank, VIC 3006, Australia
$360,000 – $390,000
1 bed 1 bath

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About this property

- 26th floor apartment with sweeping views across the city and bay. - $650 per week rental return - Investor only - 12 month lease currently in place - Spacious open-plan living and dining zone with floor to ceiling windows. - Sleek kitchen with stone surfaces and quality Miele appliances. - Large bedroom with mirrored built in robes. - Modern bathroom with stone finished vanity. - Secure intercom entry and a European laundry for everyday convenience. - Ducted heating and cooling plus double glazing for year-round comfort. - Premium Southbank Central facilities including concierge, pool, gym and BBQ terrace. Enjoy a refined Southbank lifestyle in this immaculate one-bedroom apartment, where natural light, elevated views and a superb building address come together in one impressive package. Positioned high on the 26th floor of Southbank Central, this residence offers a calm and comfortable retreat above the city, with a layout designed for effortless everyday living. The open plan living and dining area is framed by floor to ceiling glass, creating a bright and inviting space that connects beautifully with the outlook beyond. A well-appointed kitchen sits at the heart of the home, finished with stone surfaces, quality Miele appliances, an integrated dishwasher and microwave, while the generous bedroom includes mirrored built-in robes and city views. The bathroom is modern and stylish, with a stone finished vanity and contemporary fittings, while a European laundry, ducted heating and cooling and double glazing add further practicality and comfort. Residents of Southbank Central also enjoy premium facilities including a 24-hour concierge, indoor pool, fully fitted gym and BBQ terrace, all within easy reach of Melbourne Square, South Melbourne Market, Crown, the Arts Precinct and the Yarra. This is a standout opportunity for buyers seeking a secure, low maintenance home or a strong addition to an investment portfolio in one of Melbourne's most connected inner-city locations.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
1 month ago

Repayment calculator

$1,818/month
$909 /fortnight
Loan $300,000 at 6.10% over 30 years

Upfront costs

Deposit$75,000
Stamp duty$17,570
Conveyancing (est.)$2,000
Total upfront$94,570
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 $628,500 median of 65 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 -3.2% / yr over 4 yrs

$386kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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