SOLD
Sold on 30 Jun 2024 for $485,000

3812/1-13 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
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Property Details for 3812/1-13 Balston St, Southbank

3812/1-13 Balston St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
60m2
Local Government
Melbourne
Lot/Plan
3812/PS735895

Last Listing description (October 2024)

*Fully Furnished Option is Available at Extra Cost

This 2-bedroom apartment is ideally situated in the 38-floor Southbank Central Complex.

The living area and both bedrooms feature floor-to-ceiling glass views. The spacious open-plan living and dining area includes a stone-topped kitchen with soft-closing cabinetry, a high-end Fisher & Paykel dish-drawer, and Miele appliances, including an integrated microwave. Both generously sized bedrooms with robes are serviced by a luxurious, fully tiled bathroom with stone detailing. The apartment also boasts a sheltered balcony with breathtaking city views.

Additional features include a concealed laundry, ducted heating and cooling, double glazing, and extra roller blinds in the bedrooms.

The building is NBN ready and offers video intercom entry, high-speed lifts, a 24-hour concierge, a 25m indoor heated pool, a fully equipped gym, 2 BBQ terraces, and a recreation room with a lounge, television, and dining facilities.

Conveniently located, the apartment is close to Boyd Community Hub, Southbank Library, Crown, Woolworths, South Melbourne Primary School and Southbank Promenade.

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Property History for 3812/1-13 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$485,000
30 Jun 2024
Listed for Rent
$680/w
04 Sep 2024
  • 02 Aug 2024
    Listed for Rent $680 / week
  • 30 Jun 2024
    Sold for $485,000
  • 05 Mar 2024
    Listed for Sale $485,000
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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.