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Back 1505/1 Balston St
Off Market

1505/1 Balston St

Southbank VIC 3006

1
1
53 m²
0 m²
Apartment
Last sold for $405,000
Faith ChangFaith Chang, last sold this property on 19 October 2025 after 46 days on market.

Overview

Spacious Southbank Style with Work from Home Ease

Overlooking the neighbourhood towards the beautiful blue waters of Port Phillip Bay, this stylish 1 bedroom (plus study zone) apartment is awash with natural light in the heart of Southbank. Venture downstairs from your 15th floor retreat and enjoy close proximity to Crown, Southbank Library, the arts precinct, Boyd Community Hub, South Melbourne Market, Woolworths shopping, and riverfront restaurants. A stone-topped kitchen features a mirrored splashback, an integrated Fisher and Paykel dish-drawer, and high-quality Miele appliances. Situated 15 floors high in the sought-after Southbank Central complex, roomy open-plan living and dining flows to an undercover balcony highlighting Boyd Park, the Southbank skyline, and the bay on the horizon. The sizeable and sunlit bedroom shares the sensational outlook, serviced by mirrored built-in robes and a fully tiled bathroom with a stone-finished vanity. Work from home in style with the addition of a large study area boasting a built-in desk. Take advantage of a Euro-style laundry with a washing machine and dryer, ducted heating and cooling, double glazing, slimline Venetian blinds, additional block-out roller blinds in the bedroom, and recessed down-lighting. Southbank Central comes complete with intercom entry, a plush foyer, 24-hour concierge, high-speed lifts, and exclusive use of an indoor pool, fully fitted gym, and a BBQ terrace. Making its mark as a stylish first home and a high-performing portfolio keeper, this sunlit sensation will be popular! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $235.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $915.00 per quarter approx. Potential Rental Income: $540 per week approx.

Features

1 bedroom
1 bathroom
53 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1505/1 Balston St is $388.89k.

Median value
$388.89k
Estimated value range
$250k - $730k
Median days on market
44
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1505/1 Balston St

2025
Sold
$405,000
Private Sale/Treaty on 19 Oct 2025 by Faith Chang, of MICM
2019
Sold
Undisclosed
12 Feb 2019 by Qiao Cai, of MICM

Happy sellers in Southbank

83%
83% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 89 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 234 one-bedroom apartments similar to 1505/1 Balston St, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 23 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  23 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 78 local sales and collected 19 local reviews across the last 12 months.

  •   4.9   (298 reviews)
  •  19 Reviews in Southbank
  •  78 Sales in Southbank
View profile
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 35 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  35 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 26 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (44 reviews)
  •  11 Reviews in Southbank
  •  26 Sales in Southbank
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