SOLD
Sold on 19 Sep 2024 for $730,000

3405/42-48 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 69m2
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Property Details for 3405/42-48 Balston St, Southbank

3405/42-48 Balston St, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
69m2
Local Government
Melbourne
Lot/Plan
3405E/PS619594

Last Listing description (July 2019)

Marco commands a prominent presence on the Melbourne skyline. Enjoy astonishing unobstructed views in almost every direction - to the CBD, the Gardens and Arts Precinct, and to Port Phillip Bay. The Podium offers exclusive access for residents and a sensational array of first class service, leisure and entertainment spaces overlooking the city, featuring breathtaking infinity pool, gym, private dining room and cinema. Come home to an expansive, grand entry lobby and gorgeous contemporary apartment living delivered with the style and prestige of a fine hotel, featuring stylish finishes and quality materials throughout?

Southbank Retail & Dining Precinct at Door Step
Stones throw from NGV & Art Centre

Quick drive to CBD and Port Phillip Bay
Swimming Pool
Private Cinema Room
Gymnasium
Residence lounge - private dining
Smeg & Miele Appliances
Marble kitchen bench for selected units
Free Integrated Fridge and Washing Machine for selected units

Property History for 3405/42-48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$730,000
19 Sep 2024
Listed for Rent
$585/w
31 Jul 2019
  • 19 Sep 2024
    Sold for $730,000
  • 25 Jun 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 27,879 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:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 182 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.