2703w/42-48 Balston St, Southbank is a 1 bedroom, 1 bathroom Unit.
Showcasing uninterrupted views sweeping across the lush greenery of the Royal Botanic Gardens and the blue waters of Albert Park Lake and Port Phillip Bay, this ultra-stylish 1 bedroom retreat captures natural light with ease. Set sky-high on the 27th floor of the tightly held Imagine Marco building, stroll to Boyd Community Hub and Library, the Arts Precinct, and award-winning riverfront restaurants with a full-line Woolworths supermarket all set to open across the road.
Spacious open-plan living and dining with sleek timber flooring underfoot pivots a streamlined, stone-surfaced kitchen featuring state-of-the-art Smeg appliances including a full-sized dishwasher. Enjoy the privacy of a southeast-facing balcony revealing a stunning panorama extending across the horizon, an irresistible backdrop for entertaining. Well-appointed and generous in scale, a central bedroom is serviced by extensive mirrored built-in robes and a luxe bathroom with a fully tiled walk-in shower, a stone-topped vanity and mirrored cabinetry.
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 27,877 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:
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