Home/Properties/Southbank/712/1 Balston Street
712/1 Balston Street, Southbank$312,500
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For Saleapartment

712/1 Balston Street

Southbank, VIC 3006, Australia
$305,000 – $320,000
1 bath

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About this property

Enriched by designer detail, fully furnished luxury and resort-inspired brilliance, this affordable studio apartment delivers in style with the best of Southbank on your radar. Take an easy stroll to Boyd Community Hub, Southbank Library, Crown entertainment, local cafes, Melbourne Square Woolworths, the arts precinct, and riverside restaurants all the way through to the CBD. This is lifestyle perfection! The instantly inviting layout uses sunlit space efficiently, offering air-conditioned rest, retreat and relaxation in equal measure. A streamlined kitchen is graced with sleek stone surfaces, a mirrored splashback, a concealed fridge, premium Fisher and Paykel dish-drawer, and quality Miele appliances including a wall oven, rangehood, and gas cooktop. Set on the seventh floor of the plush Southbank Central complex, step outside to your very own balcony, perfect for a morning coffee or after-work drink. Hit the ground running with a selection of the stylish furniture on display including a queen-sized bed with storage underneath, bedside tables, wardrobe, a desk and chair, outdoor furniture, and so much more. Take advantage of a fully tiled bathroom, Euro laundry with a Samsung washer/dryer, ducted heating and cooling, double glazing, slimline Venetian blinds, additional block-out roller blinds, and recessed down-lighting. Southbank Central comes complete with intercom security, a 24/7 concierge, and exclusive use of a 25m indoor lap pool, well-equipped gym, shared lounge/dining areas, and a BBQ terrace for entertaining family and friends. Inspect and pocket the savings! Outgoings: Council Rates: $175.29 per quarter approx. Water Rates: $176.06 per quarter approx. Owners Corporation Fees: $750.89 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
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,515/month
$757 /fortnight
Loan $250,000 at 6.10% over 30 years

Upfront costs

Deposit$62,500
Stamp duty$13,820
Conveyancing (est.)$2,000
Total upfront$78,320
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 apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $615,000 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 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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