SOLD
Sold on 12 Jun 2024 for $475,000

906/42-48 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Property Details for 906/42-48 Balston St, Southbank

906/42-48 Balston St, Southbank is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2019. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Southbank in the last 12 months.

Building Type
House
Year Built
2019
Floor Size
65m2
Local Government
Melbourne
Lot/Plan
906E/PS619594

Last Listing description (June 2024)

Phone Enquiry ID: 227762

Hard to find an apartment with large windows, secure car parking 2br and close to everything. Facilities include Cinema, In ground pool, gym and 5 min walk to Crown. Local streets have beautiful cafes and restaurants and opposite a basket ball court and the largest Woolworths in Victoria. It is directly across the road.
This apartment has a lovely layout utilising the space to feel like it is a small house offering private spaces and pets are allowed. Perfect apartment to AirBNB, Rent out or Live in yourself. Earnings (which can be show to purchase) shows income of approximately $34,349 2023 financial year. (Last picture shows what guest have to say about this beautiful apartment.

Contact Kathy for a viewing or to answer any questions. Section 32 already available. One of the cheapest Body Corp fees in South Bank. Ready for Quick sale. Looking for best offer. Ring 0411357806

Property History for 906/42-48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$475,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $475,000
  • 07 May 2024
    Listed for Sale $465,000 $505,000
  • 12 Mar 2021
    Sold for $455,000
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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 27,880 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 177 properties listed for sale, and 242 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1229 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.