2603/1 Balston Street

Off Market

2603/1 Balston Street

Southbank VIC 3006

2369 m²

Apartment

Last sold for $390,000

David Umana, last sold this property on 03 September 2026 after 111 days on market.

Overview

Investor Return of 8%

- 26th floor apartment with sweeping views across the city and bay. - $650 per week rental return - Investor only - 12 month lease currently in place - Spacious open-plan living and dining zone with floor to ceiling windows. - Sleek kitchen with stone surfaces and quality Miele appliances. - Large bedroom with mirrored built in robes. - Modern bathroom with stone finished vanity. - Secure intercom entry and a European laundry for everyday convenience. - Ducted heating and cooling plus double glazing for year-round comfort. - Premium Southbank Central facilities including concierge, pool, gym and BBQ terrace. Enjoy a refined Southbank lifestyle in this immaculate one-bedroom apartment, where natural light, elevated views and a superb building address come together in one impressive package. Positioned high on the 26th floor of Southbank Central, this residence offers a calm and comfortable retreat above the city, with a layout designed for effortless everyday living. The open plan living and dining area is framed by floor to ceiling glass, creating a bright and inviting space that connects beautifully with the outlook beyond. A well-appointed kitchen sits at the heart of the home, finished with stone surfaces, quality Miele appliances, an integrated dishwasher and microwave, while the generous bedroom includes mirrored built-in robes and city views. The bathroom is modern and stylish, with a stone finished vanity and contemporary fittings, while a European laundry, ducted heating and cooling and double glazing add further practicality and comfort. Residents of Southbank Central also enjoy premium facilities including a 24-hour concierge, indoor pool, fully fitted gym and BBQ terrace, all within easy reach of Melbourne Square, South Melbourne Market, Crown, the Arts Precinct and the Yarra. This is a standout opportunity for buyers seeking a secure, low maintenance home or a strong addition to an investment portfolio in one of Melbourne's most connected inner-city locations.

Features

1 bedroom

1 bathroom

2369 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 2603/1 Balston Street is $387.5k.

Median value

$387.5k

Estimated value range

$240k - $720k

Median days on market

Estimated value trend

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 2603/1 Balston Street

2026

Sold

$390,000

03 Sep 2026 by David Umana, of Ray White Southbank | Melbourne City

2025

Rented

Undisclosed

Leased on 20 Oct 2025 by VICPROP – CBD

2023

Sold

Undisclosed

10 Jul 2023 by Jane Sukpanich, of MICM

Happy sellers in Southbank

82%

82% 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 76 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 218 one-bedroom apartments similar to 2603/1 Balston Street, have been sold.

This represents a 32% increase in one-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

(308 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(377 reviews)

Get a free market appraisal

Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

Gus Kosasih

at iProperty Melbourne

(96 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 73 local sales and collected 24 local reviews across the last 12 months.