4403/1 Balston Street, Southbank VIC 3006

1 beds 1 baths 0 cars

Spachus Insights

View Southbank market
Price position Below suburb median

22.4% 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 219 days (356% longer).

Property details

Spacious Setting Luxury Lifestyle Bay Brilliance

A light-filled expression of breathtaking bay views this spacious 1 bedroom apartment captures magnificent Melbourne at its finest 44 floors high in award-winning Southbank Central. Head downstairs via a high-speed lift and take a short stroll to Woolworths Crown the arts precinct Boyd Community Hub trams to the city and the beach South Melbourne Market and riverside restaurants.
1Bedrooms 1Bathrooms 0Car spaces ApartmentProperty type

Southbank market

Full suburb report
Median listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
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Spachus Property Estimate $392,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate +$58,000 14.8% above the Spachus estimate

Property Overview

4403/1 Balston Street, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $450,000. It has been on the market for 219 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $130,000 (22.4%) 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 171 days longer than the Southbank typical selling time.

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