Home/Properties/Southbank/3008/42 Balston Street
3008/42 Balston Street, Southbank$525,000
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For Saleapartment

3008/42 Balston Street

Southbank, VIC 3006, Australia
$500,000 – $550,000
2 bed 1 bath 1 car

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About this property

This sophisticated two-bedroom Southbank apartment showcases stunning panoramic views that define premium city living. Perfectly positioned for professionals, couples, or astute investors, the residence combines contemporary design with premium finishes throughout. The heart of the home features an open-plan living and dining area with floor-to-ceiling double-glazed windows that flood the space with natural light. The sleek stone-appointed kitchen showcases premium Smeg appliances, gas cooking, and dishwasher with ample storage solutions. Step onto the expansive covered balcony offering uninterrupted views perfect for enjoying sunrise to sunset vistas. Both bedrooms feature mirrored built-in robes. The modern bathroom features stone-topped vanity and mirrored cabinetry, while ducted heating and cooling plus security intercom ensure year-round comfort and security. Exclusive building amenities include outdoor pool, gym, cinema room, sun terrace, meeting/dining lounge, and 24-hour concierge service. Just 200 meters from Crown Entertainment Complex and 15 minutes to South Melbourne Market. Exceptional connectivity with Flinders Street Station, Federation Square, and Royal Botanic Gardens all under 10 minutes away. Immediate access to Southgate's riverside dining, tram services at Domain Interchange, and seamless Westgate Freeway connections create an unparalleled lifestyle opportunity.

Property Details

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

Repayment calculator

$2,545/month
$1,273 /fortnight
Loan $420,000 at 6.10% over 30 years

Upfront costs

Deposit$105,000
Stamp duty$26,570
Conveyancing (est.)$2,000
Total upfront$133,570
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 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 18% below the $640,000 median of 77 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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Price history

Price history

Listing price changes

1 price change recorded for this property

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