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4403/1 Balston Street, Southbank$430,000
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4403/1 Balston Street

Southbank, VIC 3006, Australia
$410,000 – $450,000
1 bed 1 bath

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About this property

A light-filled expression of breathtaking bay views, this spacious 1 bedroom apartment captures magnificent Melbourne at its finest 44 floors high in award-winning Southbank Central. Head downstairs via a high-speed lift and take a short stroll to Woolworths, Crown, the arts precinct, Boyd Community Hub, trams to the city and the beach, South Melbourne Market, and riverside restaurants. An L-shaped kitchen showcases a mirrored splashback, slick stone surfaces, a Fisher and Paykel dish-drawer, and high-end Miele appliances including an integrated microwave and a 4-burner gas cooktop. Sunlit open-plan living and dining connects with a sheltered balcony boasting towering views over the surrounding skyline, Albert Park Lake, the West Gate Bridge, and the beautiful blue waters of Port Phillip Bay. Enjoying the spectacular outlook, a generously sized bedroom is serviced by mirrored built-in robes and a sleek bathroom with floor-to-ceiling tiles. Additional features include a European laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed down-lighting, slimline Venetian blinds, and extra roller blinds in the bedroom. Saving on power bills with a 6.5 star energy-efficiency rating, take full advantage of intercom security, a stylish foyer, 24/7 concierge, and resort-grade use of an indoor pool, fully equipped gym, BBQ terraces, and shared lounge and dining facilities. Reward yourself with an inspection today! Outgoings: Council Rates: $268.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $944.00 per quarter approx. Potential Rental Income: $550 - $580per 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
3 months ago

Repayment calculator

$2,085/month
$1,042 /fortnight
Loan $344,000 at 6.10% over 30 years

Upfront costs

Deposit$86,000
Stamp duty$20,870
Conveyancing (est.)$2,000
Total upfront$108,870
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 31% below the $620,000 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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Price history

Price history

Listing price changes

1 price change recorded for this property

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