SOLD
Sold on 02 Jun 2024 for $610,000

711/1-13 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
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Property Details for 711/1-13 Balston St, Southbank

711/1-13 Balston St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 68m2. 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
68m2
Local Government
Melbourne
Lot/Plan
711/PS735895

Last Listing description (June 2024)

Stylish, secure and capturing northern sun with ease, this exceptional 2 bedroom, 2 bathroom apartment encapsulates the very best of Southbank living. Step outside your front door and stroll to riverside restaurants, Crown, South Melbourne Market, Melbourne Square Woolworths, the arts precinct, South Melbourne Primary School and Boyd Community Hub. Enter the market or invest with unrivalled confidence!

Roomy and air-conditioned open-plan living and dining overflows with northeastern light, underpinned by an L-shaped kitchen boasting stone surfaces, a Fisher and Paykel dish-drawer and high-quality Miele appliances. Enjoy a covered balcony showcasing sweeping views over the neighbourhood towards the towering city skyline. Generously sized and filled with light, both bedrooms are serviced by mirrored built-in robes and their own fully tiled bathrooms with stone detailing.

Set on the seventh floor of award-winning Southbank Central, take full advantage of secure parking, a study zone in the main bedroom, Euro-style laundry, a welcoming hallway, ducted heating and cooling, double glazing, recessed down-lighting and double blinds. The complex is graced with a money-saving 6.5 star energy-efficiency rating, intercom entry, a plush foyer, 24/7 concierge and exclusive access to an indoor pool, a fully equipped gym and a BBQ terrace. Take action today!

Outgoings:
Council Rates: $395.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,129.12 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 711/1-13 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$610,000
02 Jun 2024
Listed for Rent
$420/w
24 Sep 2020
  • 02 Jun 2024
    Sold for $610,000
  • 29 Apr 2024
    Listed for Sale $610,000
  • 06 Jul 2020
    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 28,055 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 232 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1285 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.