401/11 Bale Circuit, Southbank VIC 3006
3 beds
2 baths
1 cars
Spachus Insights
View Southbank market
Price position
Above suburb median
60.3% 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 239 days (398% longer).
Property details
Benchmark Melbourne Square Style with FamilySized 126sqm Allure
A captivating combination of cutting-edge design podium-level luxury and family-sized space 126sqm this stylish 3 bedroom 2 bathroom apartment occupies prime position in the resort-inspired Melbourne Square complex. Venture downstairs in an instant and stroll to the arts precinct a ground-floor Woolworths Nido childcare services South Melbourne Primary School the Royal Botanic Gardens Boyd Community Hub Crown and riverfront restaurants all the way through to the CBD.
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
$935,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$5,000
0.5% below the Spachus estimate
Property Overview
401/11 Bale Circuit, Southbank VIC 3006 is an apartment. It has 3 bedrooms, 2 bathrooms and 1 car space. It is currently listed at $930,000. It has been on the market for 239 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $350,000 (60.3%) 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 191 days longer than the Southbank typical selling time.
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