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4508/1 Balston Street, SouthbankPrice Withheld
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For Saleapartment

4508/1 Balston Street

Southbank, VIC 3006, Australia
Price Withheld
1 bed 1 bath

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About this property

Expression of Interest (unless sold prior) ends13th June 2026 at 3pm A breathtaking balance of northern light and stunning views, this sky-high 1 bedroom (plus compact study) apartment is the perfect match for market entrants and investors searching for work-from-home luxury. Set to impress on the 45th floor inside exclusive Southbank Central, take a high-speed lift downstairs and a world of convenience opens up for you. Stroll to riverside attractions, Crown, Queens Bridge and Sturt Street trams, Woolworths, Southbank Library, the arts precinct, and all the vitality of South Melbourne Market. A stone-topped kitchen boasts soft-closing cabinetry, a Fisher and Paykel dish-drawer, and premium Miele appliances including an integrated microwave and a 4-burner gas cooktop. Spacious open-plan living and dining flows to a northeast-facing balcony showcasing a spectacular skyline backdrop sweeping over the Royal Botanic Gardens, the stadiums of the sporting precinct, the Dandenong Ranges, and the Yarra River towards the city. Sharing the sensational outlook, a mirror-robed bedroom is sunlit, sizeable and serviced by a fully tiled bathroom, while a professional study zone boasts a built-in desk. Comprehensive features include a Euro-style laundry, ducted heating and cooling, double glazing, slimline Venetian blinds with additional roller blinds in the bedroom, and recessed LED down-lighting. Saving on power bills with a 6.5 star energy-efficiency rating, stylish Southbank Central is graced with intercom entry, a plush foyer, 24-hour concierge, and access to a 25m lap pool, fully equipped gym, BBQ terraces, and lounge/dining areas. Make plans to inspect today! Outgoings: Council Rates: $267.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $883.00 per quarter approx. Potential Rental Income: $530 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
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$2,981/month
$1,491 /fortnight
Loan $492,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$123,000
Stamp duty$31,970
Conveyancing (est.)$2,000
Total upfront$156,970
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.

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)123 m away
  • Unnamed72 m away
  • Boyd Community Park55 m away
  • Unnamed159 m away
  • Unnamed354 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southbank market

Within 5km

Nearby Properties

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