1109/1 Balston Street, Southbank VIC 3006
1 beds
1 baths
0 cars
Spachus Insights
View Southbank market
Price position
Below suburb median
33.6% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $45,000 below the median listing price.
Selling pace
Slower than typical
48 days typical · Property listed 173 days (260% longer).
Property details
Spacious Resort-Style Entertainer with Work-from-Home Excellence
Placed to perfection in the favoured warmth of northeastern light this stunning 1 bedroom apartment is enhanced by the work-from-home privacy of a compact study with a desk. Venture downstairs and the best of Southbank is ready to explore from your doorstep. Walk to Woolworths Boyd Park South Melbourne Market arts precinct vibrancy Southbank Library Crown and riverside dining on Southbank Promenade.
1Bedrooms
1Bathrooms
0Car spaces
ApartmentProperty type
Southbank market
Full suburb reportMedian listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
Spachus Property Estimate
$395,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$10,000
2.5% below the Spachus estimate
Property Overview
1109/1 Balston Street, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $385,000. It has been on the market for 173 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $195,000 (33.6%) below the Southbank median listing price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It has currently been on the market 125 days longer than the Southbank typical selling time.
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