Back 704/42 Balston Street
Off Market

704/42 Balston Street

Southbank VIC 3006

1
1
Apartment
Last sold for $315,000
Fiona WangFiona Wang, last sold this property on 13 July 2025 after 229 days on market.

Overview

Cozy Living and Savvy Investment 7.5% plus

Welcome to 704w/42 Balston Street, Southbank - a modern and sophisticated one-bedroom apartment with additional storage cage that offers the perfect combination of comfort and convenience. Situated in one of Southbank's most sought-after locations, this apartment is ideal for professionals, investors, or those seeking a vibrant urban lifestyle. Key Features Include: Contemporary Design: Open-plan living and dining areas with sleek finishes, complemented by floor-to-ceiling windows and balcony that invite an abundance of natural light. Modern Kitchen: Equipped with high-quality appliances, ample storage, and stylish cabinetry, perfect for the home chef. Generous Bedroom: Spacious with walk-in robes, providing both comfort and practicality. Premium Amenities: Conveniently access to a secure entry, communal spaces, and top-notch facilities within the building, including swimming pool, gym, theater, function room, and sun lounge. Prime Location: Located moments from Crown Entertainment Complex, Southbank Promenade, public transport, world-class dining, and Melbourne's vibrant CBD. This property is a fantastic opportunity for anyone looking to immerse themselves in Southbank's cosmopolitan lifestyle while enjoying all the conveniences of modern city living. Don't miss out! Enquire today to arrange an inspection and secure your slice of Southbank sophistication. (PHOTO ID REQUIRED AT OPEN FOR INSPECTION) NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.

Features

1 bedroom
1 bathroom
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 704/42 Balston Street 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 704/42 Balston Street

2025
Sold
$315,000
13 Jul 2025 by Fiona Wang, of Jalin Realty Australia

Happy sellers in Southbank

84%
84% 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 1 bedroom apartments in Southbank

In the last 12 months, 232 one-bedroom apartments similar to 704/42 Balston Street, have been sold.

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

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