Back 1506/1 Balston St
Off Market

1506/1 Balston St

Southbank VIC 3006

2
2
1
0 m²
0 m²
Apartment
Last sold for $663,000
Faith ChangFaith Chang, last sold this property on 29 July 2025 after 18 days on market.

Overview

Seamless Southbank Space with Work-from-Home Luxury

A spacious Southbank offering basking in northern light, this immaculately presented 2 bedroom, 2 bathroom (plus large study area) apartment captivates with commanding views from a corner position. Venture downstairs and live the life you love in a central neighbourhood united by CBD convenience. Simply stroll to Crown, Melbourne Square Woolworths, the arts precinct, South Melbourne Market, Boyd Community Hub, Queens Bridge Street trams, sought-after South Melbourne Primary School, and riverside restaurants. Set to impress on the 15th floor of the stylish Southbank Central complex, far-reaching open-plan living and dining pivots a stone-topped kitchen showcasing a mirrored splashback, a Fisher and Paykel dish-drawer, and a sleek selection of Miele appliances including an integrated microwave and a 4-burner gas cooktop. Framed by floor-to-ceiling glass, step outside to a sheltered northwest-facing balcony boasting a picturesque view of the soaring Southbank skyline towards the city. The perfect pair of substantially sized bedrooms are filled with light, serviced by mirrored built-in robes and a perfect pair of fully tiled bathrooms. A separate study area with a built-in desk is a welcome addition when working from home. Special features include secure car parking, a Euro laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed down-lighting, and slimline Venetian blinds with additional roller blinds in the bedrooms. Southbank Central is graced with a 24-hour concierge, a plush foyer, and exclusive use of an indoor pool, fully fitted gym, and a BBQ terrace. An irresistible mix of lifestyle allure and lock-and-leave security, inspect with certainty! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $401.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,097.00 per quarter approx. Potential Rental Income: $750 per week approx.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1506/1 Balston St is $572.5k.

Median value
$572.5k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
decrease 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 1506/1 Balston St

2025
Sold
$663,000
29 Jul 2025 by Faith Chang, 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 91 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 461 two-bedroom apartments similar to 1506/1 Balston St, have been sold.

This represents a 14% increase in two-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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent