🏬 Mixed useResidential ApartmentCompleted 2011

Bank Apartments

269-283 City Road, Southbank VIC 3006

  • 137 m tall Β· #16 in Southbank
  • 41 floors
  • 360 homes
  • 2 businesses
  • 252 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyβ€”Unit median $580,000
Rentβ€”1-bed median $570/wk
Lease spaceβ€”β€”

Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.

15 years standing

Built in 2 yrs 9 mths

  1. Apr 2008Construction started
  2. 2011Completed
  3. TodayStill standing

19 building permits Β· 1 news storyFull timeline ↓

About Bank Apartments

Bank Apartments is an apartment tower in Southbank with 41 floors above ground and 360 homes. Developed by First Delta Group and designed by Urban Design Architects, it was completed in 2011, with Probuild as builder.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
2011
Height
130 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the top
136 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the roof
#16 of 190 in Southbank
Floors
41
Footprint
1,477 mΒ²
Homes
360
Architect
Urban Design Architects
Builder
Probuild Unconfirmed We don't have data to 100% confirm this data point as yet.
Businesses
2
Car spaces
252
Strata plan
PS618951 Β· 906 lots
Planning zone
CCZ3
Permits on record
19

Score cards

πŸš† Transport4/10

Southern Cross Railway Station 14 min walk Β· 5 tram stops within 400 m

β˜• Everyday amenities4/10

10 cafΓ©s, 2 grocers, 0 medical within 250 m

🌳 Greenery7/10

90 street trees within 150 m Β· park 214 m away

✨ Activity3/10

3,621 people pass daily nearby Β· 4 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

Apartments

From the council's development record, so the built numbers may differ a little.

1 bed8122% of 360
2 bed26874% of 360
3+ bed113% of 360

πŸš— 252 residential car spaces recorded at this property, about 0.7 per home. Which apartments have a space isn't recorded, so check the listing.

City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.

The building team

The people and companies behind the design, construction and management of Bank Apartments.

Location & neighbourhood

Getting around

πŸš†Southern Cross Railway Station
Train station
14 min Β· 1107 m
πŸš†Flinders Street Station
Train station
15 min Β· 1165 m
πŸš‹City Rd/Clarendon St #126
Tram stop
1 min Β· 104 m
πŸš‹City Rd/Kings Way #116
Tram stop
2 min Β· 182 m
πŸš‹Port Junction/Whiteman St #125
Tram stop
4 min Β· 282 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

10β˜• CafΓ©s & eateries
2πŸ›’ Grocers
0πŸ‹οΈ Gyms
0🩺 Medical
0πŸ’Š Pharmacies
0🧸 Childcare
2🍷 Pubs & bars

Who lives in Southbank

Residents18,670
Median age31
Households renting64%
Households without a car35%
Walk to work35%
Public transport to work32%

ABS Census 2016 via City of Melbourne (CC BY).

Prices and rents around here

Suburb and area medians, not this building's prices.

Median unit price, Southbank$580,0002025 Β· -3.8% in a yearTrend since 2015
Yearly rent against price6.5%A $720/wk 2-bedroom rent for a year, against the $580,000 median unit priceBefore costs. Our estimate from two suburb medians, not advice.

Prices: Victorian Property Sales Report, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0.

Median weekly rents for new leases, Southbank

ApartmentMedian rentChange in a yearTrend since Mar 2016New leases
1 bedroom$570/wk+3.6%1,593 in the year to Sep 2025
2 bedroom$720/wk+2.9%2,385 in the year to Sep 2025
3 bedroom$1010/wk0.0%355 in the year to Sep 2025

Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.

Businesses in Bank Apartments

2 businesses recorded in the City of Melbourne's latest business census.

A Treat of France

Cafes and Restaurants

Interior Secrets

Furniture Retailing

Looking for space in Bank Apartments?

We'll try to put you in touch with an agent, though we can't promise a reply.
Source: City of Melbourne Census of Land Use and Employment, CC BY 4.0.

Timeline

Everything that has happened at Bank Apartments: listings, news, works, planning and history.

2013πŸ”„
Use change
Council census records it as residential apartment, 42 floors
Name recorded: Bank Apartments
2013πŸ› 
Works
2 building permits and 1 certificate Β· about $80k of new works
Largest: Banks Apartments - Ground floor retail tenancy fitout
2011πŸŽ‰
Milestone Β· Completed
Bank Apartments completed: 41 floors
Derived from City of Melbourne Development Activity Monitor
Oct 2011πŸ”‘
Milestone Β· First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2011πŸ”„
Use change
Council census records it as unoccupied - under construction, 42 floors
Name recorded: Bank Apartments
2011πŸ› 
Works
1 certificate Β· about $2.4m of new works
Largest: Cladding Rectification Works.
2010πŸ› 
Works
7 building permits
Largest: Stage 11 - Final - Post tensioned slab - Roof Level
Feb 2009πŸ“°
News
Plans for 40-level Bank Apartments tower at 283 City Road, Southbank
Coverage in early 2009 reported that a 40-level tower called Bank Apartments at 283 City Road would include 360 units, with 250 sold off the plan the previous year, and that an existing bank building would be retained as part of the development. The developer's spokesman called it Victoria's first 6-star energy-efficient residential tower. The Indesign Live article said the podium engages the Art Deco Bank of New South Wales building dating from 1932.
Covered by 2 outlets
2009πŸ› 
Works
8 building permits
Largest: Stage 6: Post Tensioned Slab - Levels 5 to 6
Apr 2008πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2008πŸ”„
Use change
Council census records it as office, 2 floors
2008πŸ› 
Works
2 building permits Β· about $113.2m of new works
Largest: Stage 3: Structural steelwork including miscellaneous steelwork (fascade beween levels 1 - 8, canopy at level 1), mezzanine roof and plant r
2002πŸ“‹
First census
First council census entry: unoccupied - unused, 2 floors

Planning & heritage

Planning controls

ZoneCAPITAL CITY ZONE - SCHEDULE 3 (CCZ3)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO10Design and Development Overlay: limits on building height, setbacks and design
LSIO4Land Subject to Inundation: mapped as at risk of flooding from rivers or the bay
PO1Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.

Subdivision & permits

Plan of subdivision
PS618951
Lots on the plan
906
Owners corporation
Yes (common property)
Building permits on record
19
Estimated cost of works
About $115.7m
2008New works by year (estimated)2013

Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.

History of the site

How it's been recorded over time

2002Unoccupied - Unused Β· 2 floors
2008Office Β· 2 floors
2011Unoccupied - Under Construction Β· 42 floors Β· "Bank Apartments"
2013Residential Apartment Β· 42 floors Β· "Bank Apartments"

City of Melbourne Census of Land Use and Employment, since 2002.

Community

What people say about Bank Apartments in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Bank Apartments? .

Resident & tenant reviews

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Frequently asked questions

Is Bank Apartments residential or commercial?

Bank Apartments mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Bank Apartments built?

Bank Apartments was completed in 2011.

How many floors does Bank Apartments have?

Bank Apartments has 41 floors above ground.

How many apartments are in Bank Apartments?

Bank Apartments has 360 homes. The national address file lists 652 unit addresses here, and some of those can be shops or offices.

What size apartments are in Bank Apartments?

The City of Melbourne's development record lists 81 1 bed, 268 2 bed and 11 3+ bed apartments. The built numbers may differ a little.

Does Bank Apartments have parking?

The City of Melbourne records 252 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Bank Apartments?

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.

What businesses are in Bank Apartments?

The latest council census counted 2 businesses in Bank Apartments, including A Treat of France and Interior Secrets.

Are there apartments for sale or rent in Bank Apartments?

See the residential listings on this page, or use the shortcuts to search 269-283 City Road on realestate.com.au and Domain.

Is there office or retail space for lease in Bank Apartments?

See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built Bank Apartments?

First Delta Group developed Bank Apartments, Urban Design Architects designed it and Probuild built it. The building team section has the sources.

How tall is Bank Apartments?

About 136 metres, measured from the City of Melbourne's 3D building model. It's number 16 of 190 buildings in Southbank by height.

What public transport is near Bank Apartments?

Southern Cross Railway Station is the nearest train station, about 14 minutes' walk. The nearest tram stop is City Rd/Clarendon St #126, about 1 minute's walk.

What is the planning zone for Bank Apartments?

The site is in the Capital City Zone - Schedule 3 (CCZ3).

Does Bank Apartments have an owners corporation?

Plan of subdivision PS618951 has 906 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Bank Apartments recently?

The City of Melbourne has issued 19 building permits for Bank Apartments since 2008. The most recent was in May 2013.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Bank ApartmentsMixed useβ€”412011
Aria Serviced ApartmentsResidential27 m162006
HabitatMixed use67 m362012
StatureMixed use70 m34β€”
Platinum ApartmentsMixed use63 m542015
109 ClarendonMixed use70 m342010
Shadow Play by PEPPERSMixed use76 m472018

That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (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)). Street View and business details Β© Google Maps.

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