2402/1 Balston St

Off Market

2402/1 Balston St

Southbank VIC 3006

Apartment

Last sold for $572,500

James Yue, last sold this property on 28 September 2026 after 53 days on market.

Overview

Southbank Central Sanctuary with Blue-Water Bay Views

An exclusive opportunity in the heart of Southbank, this stunning 2-bedroom, 2-bathroom apartment is perfect for entertaining with the blue-water beauty of Port Phillip Bay on spectacular display. Moments from a sought-after selection of cafes, bars and restaurants, walk to Boyd Community Hub, Melbourne Square Woolworths, South Melbourne Primary School, Crown, South Melbourne Market, and riverside dining on Southbank Promenade. Spacious open-plan living and dining is underpinned by a stone-finished kitchen showcasing an easy-clean mirrored splashback, Fisher and Paykel dish-drawer, and high-quality Miele appliances including an integrated microwave and a 4-burner gas cooktop. Perched 24 floors high inside the stylish Southbank Central complex, slide open floor-to-ceiling glass and step outside onto a covered balcony overlooking the bay, Albert Park Lake, and the neighbourhood skyline. Both generously sized bedrooms are drenched in natural light, graced with mirrored built-in robes, while a study nook in the main bedroom is ideal for students and working from home. The pristine pair of fully tiled bathrooms enjoy stone-topped vanities, complemented by a European laundry with a washing machine and dryer. Saving money on power bills with a 6.5 star energy-efficiency rating, take advantage of secure car parking, ducted heating and cooling, double glazing, recessed down-lighting, slimline Venetian blinds, and extra roller blinds in the bedrooms. Sensational Southbank Central comes complete with a 24-hour concierge, plush foyer, intercom entry, high-speed lifts, and resort-inspired use of a 25m indoor heated pool, well-equipped gym, BBQ terraces, and shared lounge/dining facilities. Call today without delay! Outgoings: Council Rates: $478.80 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,163.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms

2 bathrooms

1 carspace

1 open car space

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 2402/1 Balston St is $585k.

Median value

$585k

Estimated value range

$380k - $2.05m

Median days on market

Estimated value trend

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 2402/1 Balston St

2026

Sold

$572,500

28 Sep 2026 by James Yue, of MICM

Happy sellers in Southbank

81%

81% 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 68 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 401 two-bedroom apartments similar to 2402/1 Balston St, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(312 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(378 reviews)

Get a free market appraisal

Gus Kosasih

at iProperty Melbourne

(96 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(49 reviews)

Get a free market appraisal

Nearby agents

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

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 70 local sales and collected 27 local reviews across the last 12 months.