2706/42-48 Balston Street, Southbank, VIC 3006 | Apartment for sale | OnTheHouse
FOR SALE
$695,000

2706/42-48 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Stunning 270° Panoramic View | 2B2B Apartment | Southbank VIC

Experience sky-high living in this breathtaking 99sqm apartment perched on the 27th floor with 270-degree panoramic views of Albert Park Lake, Port Phillip Bay, and the city skyline. Featuring parquet flooring, marble benchtop, premium whitegoods, and two private balconies, this residence offers elegance and comfort at every turn.
Key Features:
* Two spacious bedrooms (master with ensuite & private balcony)
* Open-plan living/dining with floor-to-ceiling windows & parquetry flooring
* Luxury kitchen with marble benches, gas cooking, dishwasher & ample storage
* Modern central bathroom with marble finishes, heated towel rail & European laundry
* Ducted heating & cooling,security intercom & built-in robes
* Expansive balconies - perfect for soaking in sunrise to sunset views
Exclusive Building Amenities (Level 7):
* Outdoor pool & gym
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Property Details for 2706/42-48 Balston St, Southbank

2706/42-48 Balston St, Southbank is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with Mega City Real Estate.

Building Type
Apartment
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2016 was 18709 people. By 2021 the population was 22631 showing a population growth of 21.0% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation.In 2021, 30.30% of the homes in Southbank were owner-occupied compared with 33.80% in 2016.

Southbank has 29,998 properties. Over the last 5 years, Houses in Southbank have seen a -50.41% decrease in median value, while Units have seen a 2.63% increase. As at 30 November 2025:

  • The median value for Houses in Southbank is $750,597 while the median value for Units is $556,793.
  • Houses have a median rent of $680 while Units have a median rent of $680.
There are currently 153 properties listed for sale, and 149 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1381 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Kenny Lau
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Rick Lin
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Mega City Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.