OFF MARKET

808E/42-48 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
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Last updated 30 Sep 2024
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Property Details for 808e/42-48 Balston St, Southbank

808e/42-48 Balston St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 64m2.

Building Type
Unit
Year Built
2016
Floor Size
64m2
Local Government
Melbourne

Last Listing description (August 2024)

UNFURNISHED - Situated in the heart of Southbank, this luxurious apartment located in the Marco Towers offers a spacious floor plan with additional space in the living area. Featuring a private balcony for entertaining, timber floorboards, modern appliances and plenty of natural light, this apartment is not to be missed!

The apartment includes open plan living/ dining area with timber flooring and floor to ceiling windows fitted with roller blinds, opening out to your very own private balcony to take in the incredible bay views. Spacious bedroom with natural light and mirrored built in wardrobes. Second bedroom with mirrored built in wardrobes, which also can be used as a study room should you wish to. The well thought out kitchen includes dishwasher, gas stove and oven and plenty of cupboard space with sleek timber finish. Spacious central bathroom with functional storage and shower with large showerhead. Concealed European laundry with ample space for washing machine and dryer. Enjoy the additional features which include reverse cycle air conditioning/heating, downlights, secure swipe entry with intercom.


Tenants will enjoy modern and luxurious facilities including swimming pool, gymnasium and cinema (can be accessed on 7th floor). Situated in the most sought after part of Southbank with freeway entrances going either direction within a minute drive, Southgate restaurants and cafes on the Yarra River and less than a 10 minute walk Flinders Street Station, Federation Square, Botanical Gardens, Crown Entertainment Complex, Sporting Precincts and the Domain Interchange with trams going every minute that will take you anywhere from the top end of the city to St Kilda.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

Property History for 808e/42-48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Listed for Rent
$600/w
27 Jun 2024
  • 16 Apr 2024
    Listed for Rent $590 / week
  • 13 May 2020
    Listed for Rent - Price not available
  • 14 Aug 2019
    Listed for Rent - Price not available
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1278 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.