2501/42 Balston St

Off Market

2501/42 Balston St

Southbank VIC 3006

Apartment

Last sold for $447,500

Kay Lim, last sold this property on 22 May 2026 after 120 days on market.

Overview

Contemporary Southbank Living with Sweeping Skyline Views

Elevated high above the vibrant streets of Southbank, this stylish two-bedroom apartment delivers contemporary city living with exceptional comfort, convenience and investment appeal. Positioned on Level 25, the residence enjoys expansive urban views and a thoughtfully designed layout suited to professionals, couples or astute investors. The open-plan living and dining area flows seamlessly to a private balcony-an ideal space to unwind while taking in the city skyline. A modern kitchen with quality appliances complements the functional design, while both bedrooms feature built-in robes and excellent natural light. The sleek central bathroom, split-system heating and cooling, secure car park and storage cage complete the home. Residents enjoy access to an impressive range of resort-style amenities located on Level 7, including a 24-hour concierge/reception, fully equipped gym, outdoor heated swimming pool, private cinema, residents' lounge, sun terrace with panoramic city views and exclusive meeting/dining rooms-perfect for entertaining or working from home. Ideally located moments from Crown Entertainment Complex, the Yarra River promenade, South Melbourne Market and Melbourne's renowned dining and cultural precincts, this apartment offers seamless access to public transport and the CBD. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms

1 bathroom

1 carspace

1 garage 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 2501/42 Balston St is $585k.

Median value

$585k

Estimated value range

$366k - $1.67m

Median days on market

Estimated value trend

-1%

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 2501/42 Balston St

2026

Sold

$447,500

22 May 2026 by Kay Lim, of Areal Property Box Hill

2024

Rented

Undisclosed

Leased on 27 Jul 2024 by Areal Property Box Hill

Happy sellers in Southbank

85%

85% 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 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 446 two-bedroom apartments similar to 2501/42 Balston St, have been sold.

This represents a 24% 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

(304 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(371 reviews)

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Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(48 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 72 local sales and collected 23 local reviews across the last 12 months.