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This property has been sold for $400,000 on 20 May 2026
112 days on market
PropRadar's estimate today
$458,038
Range $417,626 to $533,417
Estimated rent $700 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Listing journey
EssentialsThis property went through a full listing campaign over 112 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Asking Price
$380,000 - $400,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 2-bedroom apartment at 2208/42-48 Balston Street in Southbank, VIC 3006 sold for $400K in May 2026, with 1 bathroom. Southbank is about 1.3 km from the CBD. There are 113 schools within roughly 5km, and the area scores 95 for walkability and 100 for transit out of 100.
More in Southbank
For sale now
- 2704/1 Balston StreetApartment · 1 bed · 1 bath$390,000 - $420,000
- 1607/63 Whiteman StreetApartment · 1 bed · 1 bath$310,000 - $340,000
- 1114/65 Coventry StreetApartment · 1 bed · 1 bath$310,000 - $355,000
- 1405/285 City RoadApartment · 1 bed · 1 bath$420,000 - $462,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $400,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
112
Investment Score
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Est. Valuation
$378,456
Potential Sell Price
Est. Rent/wk
$587
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $400,000
- Stamp Duty (Victoria)
- $19,070
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $423,270
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3006
- Original listing
- Original listing is on paid plans
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