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2801/42 Balston Street, Southbank$495,000
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2801/42 Balston Street

Southbank, VIC 3006, Australia
$495,000
2 bed 1 bath 1 car

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About this property

- Two-bedroom, one-bathroom apartment in Southbank's Marco Building. - Balcony showcasing Government House, Albert Park Lake & bay views. - Modern kitchen with stone surfaces and quality appliances. - Main bedroom with built-in robes and flexible second bedroom/office - Integrated European laundry for everyday practicality. - Open-plan living with full-height windows and reverse-cycle climate control. - Secure entry via video intercom, one car space and two storage cages. - Infinity pool, gym, cinema, dining room and 24hr concierge on-site. Set on the 28th floor of the striking Marco tower, this two-bedroom Southbank retreat combines sleek design, natural light and sweeping outlooks across Government House, Albert Park Lake and distant bay horizons. Beyond the grand lobby with 24-hour concierge, residents enjoy exclusive amenities including an infinity pool, gym, cinema and private dining The interior impresses with a streamlined kitchen blending stone finishes and premium appliances, flowing into a light-drenched living area that spills onto a balcony primed for morning coffees or evening drinks. The main bedroom offers built-in robes, complemented by a flexible second bedroom that doubles as an office. A practical European laundry adds everyday ease, while ducted heating/cooling ensure effortless comfort year-round. Secure parking for one car, two storage cages and video intercom entry take care of the essentials, with Clarendon Street, South Melbourne Market, the Arts Precinct and Crown all within easy walking distance. Trams, freeway access and nearby parklands add everyday convenience.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Listed
2 months ago

Repayment calculator

$2,400/month
$1,200 /fortnight
Loan $396,000 at 6.10% over 30 years

Upfront costs

Deposit$99,000
Stamp duty$24,770
Conveyancing (est.)$2,000
Total upfront$125,770
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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 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $638,000 median of 79 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)167 m away
  • AWM Electrical & Data Suppliers235 m away
  • Unnamed143 m away
  • Boyd Community Park153 m away
  • Unnamed213 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 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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