OFF MARKET

1604/42-48 Balston Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 1604/42-48 Balston St, Southbank

1604/42-48 Balston St, Southbank is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2016. The property has a floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
2016
Floor Size
49m2
Local Government
Melbourne
Lot/Plan
1604E/PS619594

Last Listing description (March 2021)

Stunning Northern Outlook and Style

Exceptional style, effortless living and extraordinary convenience are only surpassed by the northern panoramic outlook from this 16th floor corner apartment showcasing uninterrupted views across the city. If youre an executive constantly on the move, studying or investing, this cutting-edge one-bedroom apartment within Imagine MARCO will pamper with 24-7 concierge, grand foyer entry, video intercom and first class communal facilities encompassing an outdoor heated infinity pool, sun terrace, gym, cinema and meeting-dining rooms. Inspired design and high end finishes feature spectacularly with a north facing balcony, spacious entry, chic waterfall stone island bench, a full suite of SMEG appliances, integrated SMEG dishwasher, under mount sinks, finger touch soft closing cabinetry, internal laundry, ducted heating and cooling, a resort grade bathroom with a full width shower, floating vanity and mirror built in robes in the bedroom. This alluring angled corner sanctuary offers irresistible appeal with an elevator to your door and full access to a culinary, artistic and transport mecca that includes Southbank restaurants, Crown Casino, Melbourne Arts Centre, theatres, Botanical Gardens, markets, CBD business and shopping, Yarra River ferries, train, trams, buses and the promised Melbourne Square shopping complex that includes a supermarket across the road.

Property History for 1604/42-48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$360,000
29 Jan 2021
Listed for Rent
$420/w
18 Mar 2019
  • 29 Jan 2021
    Sold for $360,000
  • 04 Nov 2020
    Listed for Sale $370,000 - $400,000
  • 18 Mar 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.