| Planning application | 2009 | Planning application TPM-2009-57 lodged |
| Approved | By 2014 | Planning permit granted (exact date not recorded) |
| Construction started | Sep 2014 | First major construction permit issued |
| First occupants | May 2021 | First occupancy permit issued |
| Completed | 2021 | Palladium completed: 52 floors |
Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.
| 08 Aug 2022 | Stage 3 - Structural and Services Works up to Level 8 | $110.3m |
| 08 Aug 2022 | Stage 6 - Remainder of works and miscellaneous updates | $110.3m |
| 09 Aug 2021 | Stage 2 - Inground services, civil works, retention system and footings including ground floor slab | $5 |
| 09 Aug 2021 | Stage 5 - Remainder of Structural, Services (Excluding Relay Pumps) and Architectural Works | $110.3m |
| 04 June 2021 | New Building - Stage 1 - Piling works | $5.9m |
| 04 June 2021 | Stage 4 - Vertical Structural Elements Level 8 to roof | $110.3m |
| 28 May 2021 | Stage 5 - Remainder of Structural, Services (Excluding Relay Pumps) and Architectural Works | $110.3m |
| 28 May 2021 | Stage 6 - Remainder of works and miscellaneous updates | $110.3m |
| 11 Apr 2019 | Platinum East Tower Demolition | $231k |
| 17 Nov 2016 | Fit Out Works Existing Retail Tenancy for Woolworths Supermarket | $393k |
| 23 Nov 2015 | Stage 9 - Architectural & Services Works Levels 46-50 - Conditional | $98.4m |
| 16 Oct 2015 | Stage 8 - Levels 46-50 Structural Slabs - Conditional | $98.4m |
| 30 Jan 2015 | Stage 6 - Structural Slabs Levels 11 to 45 | $98.4m |
| 02 Dec 2014 | Stage 5 - Levels 9 & 10 Structural Slabs and Ground to Level 9 Architectural & Services - Conditional | $98.4m |
| 15 Sept 2014 | Stage 4 - Structural slabs Level 1 to 8 only | $98.4m |
| 28 Mar 2003 | Internal office alterations to ground floor only. | $13k |
| 09 June 1999 | Removal of canvas hoses from hydrants | $500 |
| 13 May 1996 | New signs | $10k |
Is Palladium residential or commercial?
Palladium is a residential building. The City of Melbourne lists its main use as residential apartment.
When was Palladium built?
Palladium was completed in 2021.
How many floors does Palladium have?
Palladium has 52 floors above ground.
How many apartments are in Palladium?
Palladium has 281 homes. The national address file lists 284 unit addresses here, and some of those can be shops or offices.
What size apartments are in Palladium?
The City of Melbourne's development record lists 1 bed, 2 bed and 3+ bed apartments. The built numbers may differ a little.
Does Palladium have parking?
The City of Melbourne records 178 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near Palladium?
The median unit price in Southbank was $580,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.
Are there apartments for sale or rent in Palladium?
See the residential listings on this page, or use the shortcuts to search 245-251 City Road on realestate.com.au and Domain.
Who designed and built Palladium?
Salvo Property Group developed Palladium, Squillace Architects designed it and Maxcon built it. The building team section has the sources.
How tall is Palladium?
About 163 metres, measured from the City of Melbourne's 3D building model. It's number 12 of 190 buildings in Southbank by height.
What public transport is near Palladium?
Flinders Street Station is the nearest train station, about 13 minutes' walk. The nearest tram stop is City Rd/Kings Way #116, about 1 minute's walk.
What is the planning zone for Palladium?
The site is in the Capital City Zone - Schedule 3 (CCZ3).
Does Palladium have an owners corporation?
Plan of subdivision PS811538 has 284 lots and common property, which means it is managed by an owners corporation.
Has any work been done on Palladium recently?
The City of Melbourne has issued 8 building permits for Palladium since 1996. The most recent was in November 2015.
Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE residential dwellings (CC BY 4.0); Development Activity Monitor (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.
