1007W/48 Balston Street, Southbank, VIC 3006 sold on 05 December 2025 | OnTheHouse
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Sold on 05 Dec 2025 for $330,000

1007W/48 Balston Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1007w/48 Balston St, Southbank

1007w/48 Balston St, Southbank is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Local Government
Melbourne

Last Listing description (December 2025)

An inspired celebration of Southbank elegance, this sleek 1 bedroom corner apartment is a step up in style, space and sophistication. Best of all, central Southbank is ready to explore from your doorstep. Take a short stroll to the arts precinct, Boyd Community Hub, Southbank Library, Melbourne Square Woolworths across the road, local cafes, and Southbank Promenade restaurants lining the Yarra River.

Encased in floor-to-ceiling glass, roomy open-plan living and dining attracts natural light, underpinned by a stone-topped Smeg kitchen with a dishwasher and a 4-burner gas cooktop. A sheltered balcony takes in commanding views of Royal Botanic Gardens treetops, the dramatic beauty of the Dandenong Ranges, and the blissful blue waters of Port Phillip Bay on the horizon. Perched to perfection on the 10th floor of resort-inspired Imagine Marco, this private sanctuary is ideal for entertaining. The naturally lit bedroom sensationally shares the aspect, superbly serviced by built-in robes and a deluxe bathroom with a fully tiled shower area, stone detailing, and mirrored cabinetry.

Additional features include a storage cage, Euro laundry, ducted heating and cooling throughout, double glazing for exceptional noise and climate insulation, lightly toned timber flooring, recessed down-lighting, and roller blinds. Take advantage of Imagine Marco amenities including 24-hour reception, intercom entry, laundry service, and exclusive use of a 12-metre heated infinity lap pool, well-equipped gym, cinema, and an entertainment area. An inspection will be rewarded!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Potential Rental Income: $520-$550 per week approx.

Property History for 1007w/48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$330,000
05 Dec 2025
Listed for Rent
$410/w
10 Jul 2018
  • 05 Dec 2025
    Sold for $330,000
  • 22 Sep 2025
    Listed for Sale $330,000
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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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Cotality Copyright and Legal Disclaimers about Property Data
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.