3401/1 Balston Street, Southbank VIC 3006
3 beds
2 baths
1 cars
Spachus Insights
View Southbank market
Price position
Above suburb median
51.7% above 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 127 days (165% longer).
Property details
Breathtaking Bay Views from a Private Corner Position
A spacious expression of Southbank Central style, this stunning 3-bedroom, 2-bathroom apartment inspires every day with breathtaking views from a coveted corner setting. Privately placed on the 34th floor, take a high-speed lift to the ground floor and explore the best Melbourne has to offer. Walk to Crown entertainment, Southbank Promenade restaurants lining the Yarra River, the arts precinct, Queens Bridge Street trams, South Melbourne Market, Melbourne Square Woolworths, Boyd Community Hub, and Boyd Park across the road.
3Bedrooms
2Bathrooms
1Car 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
$945,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$65,000
6.9% below the Spachus estimate
Property Overview
3401/1 Balston Street, Southbank VIC 3006 is an apartment. It has 3 bedrooms, 2 bathrooms and 1 car space. It is currently listed at $880,000. It has been on the market for 127 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $300,000 (51.7%) above 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 79 days longer than the Southbank typical selling time.
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