Home/Properties/Southbank/902/1 Balston Street
902/1 Balston Street, Southbank$645,000
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For Saleapartment

902/1 Balston Street

Southbank, VIC 3006, Australia
$620,000 – $670,000
2 bed 2 bath 1 car71 m²

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About this property

Investors Please Note: The property could return In the vicinity of $720 to $780 per week. Overlooking Boyd Park greenery, this irresistible 2-bedroom, 2-bathroom apartment offers spectacular lifestyle appeal in a convenient Southbank setting. Step outside and walk to the lively arts precinct, Melbourne Square Woolworths, South Melbourne Market, city-bound trams, Boyd Community Hub, South Melbourne Primary School, Crown, and riverfront cafes, bars and restaurants. This sunlit sensation has something for everyone with special appeal for first home owners and savvy investors. Wide-reaching open-plan living and dining sits alongside a streamlined kitchen with sleek stone surfaces, soft-closing cabinetry, a Fisher and Paykel dish-drawer, and high-quality Miele appliances including an integrated microwave and a 4-burner gas cooktop. The seamless flow will carry you towards an undercover balcony showcasing neighbourhood skyline and lush parkland views. Filled with natural light, both mirror-robed bedrooms are substantial in size, serviced by a perfect pair of fully tiled tiled bathrooms, while a study nook in the main bedroom will add a professional touch for students and those working from home. Boosted by an economical 6.5 star energy-efficiency rating, additional features include secure car parking, a Euro-style 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 bedrooms. The celebrated Southbank Central complex is graced with video intercom entry, a 24-hour concierge, high-speed lifts, and resort-inspired use of a 25m indoor heated pool, well-equipped gym, BBQ terraces, and shared lounge and dining areas. Place this one on the top of your list! Outgoings: Council Rates: $393.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,163.00 per quarter 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
2
Bathrooms
2
Parking
1
Land Area
71 m²
Listed
1 week ago

Repayment calculator

$3,127/month
$1,563 /fortnight
Loan $516,000 at 6.10% over 30 years

Upfront costs

Deposit$129,000
Stamp duty$33,770
Conveyancing (est.)$2,000
Total upfront$164,770
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 7% above the $605,000 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)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 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

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1 price change recorded for this property

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