๐Ÿฌ Mixed useResidential ApartmentCompleted 2006

Eureka Tower

3-7 Riverside Quay, Southbank VIC 3006

  • 298 m tall ยท #2 in Southbank
  • 92 floors
  • 556 homes
  • 6 businesses
  • 1,000 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyโ€”Unit median $580,000
Rentโ€”1-bed median $570/wk
Lease spaceโ€”โ€”

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

20 years standing

Built in 3 yrs 10 mths

  1. Aug 2002Construction started
  2. Jun 2006Completed
  3. TodayStill standing

53 building permits ยท 5 news storiesFull timeline โ†“

About Eureka Tower

Eureka Tower is a 297-metre residential skyscraper on the south bank of the Yarra, designed by Fender Katsalidis and built by Grocon. It was developed by Eureka Tower Pty Ltd, a joint venture of Daniel Grollo (Grocon), investor Tab Fried and architect Nonda Katsalidis, and opened in 2006. Most of the building is privately owned apartments run by an owners corporation; levels 88 and 89 hold the Eureka Skydeck observation deck and a restaurant, which sold as a package in 2021.

Researched 07 Nov 2026 from the sources linked here.

Height297.3 m, 91 floors above ground plus 1 basement level
Wikipedia โ†—
Exterior completed1 June 2006
Wikipedia โ†—
Officially openedOctober 2006
Wikipedia โ†—
SkydeckObservation deck on level 88; restaurant on level 89
realcommercial.com.au โ†—

At a glance

Key facts

Building type
๐Ÿฌ Mixed use
Completed
2006
Construction started
2002 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
298 m
#2 of 190 in Southbank
Floors
92
Footprint
4,247 mยฒ
Homes
556
Architect
Fender Katsalidis
Builder
Grocon
Businesses
6
Car spaces
1,000
Strata plan
PS437659 ยท 825 lots
Planning zone
CCZ3
Permits on record
53

Score cards

๐Ÿš† Transport8/10

Flinders Street Station 5 min walk ยท 5 tram stops within 400 m

โ˜• Everyday amenities9/10

59 cafรฉs, 4 grocers, 6 medical within 250 m

๐ŸŒณ Greenery10/10

265 street trees within 150 m ยท park 37 m away

โœจ Activity9/10

30,270 people pass daily nearby ยท 28 licensed venues within 200 m

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

Apartments

The council hasn't recorded a bedroom breakdown for Eureka Tower.

๐Ÿš— 1,000 residential car spaces recorded at this property, about 1.8 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 Eureka Tower.

๐Ÿ“ArchitectFender KatsalidisverifiedSource: Fender Katsalidis โ†—
๐Ÿ—DeveloperEureka Tower Pty LtdverifiedJoint venture of Daniel Grollo (Grocon), Tab Fried and Nonda KatsalidisSource: Wikipedia โ†—
๐Ÿ‘ทBuilderGroconverifiedSource: Grocon โ†—
๐ŸงฎStructural engineerConnell WagnerconflictingAnother source credits Connell Mott MacDonald with civil engineeringSource: ANCR special feature โ†—
๐Ÿ”ŠAcoustic engineerMarshall Day AcousticsreportedSource: Marshall Day โ†—
๐Ÿ—‚Owners corporation managerOC PridereportedReported by a building listing; not yet confirmed by the owners corporationSource: Melcorp building insights โ†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

๐Ÿš†Flinders Street Station
Train station
5 min ยท 375 m
๐Ÿš†Flinders Street Railway Station
Train station
5 min ยท 429 m
๐Ÿš‹Casino/Southbank/Queens Bridge St #115
Tram stop
4 min ยท 292 m
๐Ÿš‹Arts Precinct/Sturt St #17
Tram stop
4 min ยท 332 m
๐Ÿš‹Elizabeth St/Flinders St #4
Tram stop
5 min ยท 364 m

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

Within a 3-minute walk

59โ˜• Cafรฉs & eateries
4๐Ÿ›’ Grocers
1๐Ÿ‹๏ธ Gyms
6๐Ÿฉบ Medical
1๐Ÿ’Š Pharmacies
2๐Ÿงธ Childcare
6๐Ÿท 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 ยท -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, ยฉ 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 Eureka Tower

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

Belgian Beer Cafe Melbourne

Pubs, Taverns and Bars

Data Processors Pty Ltd

Data Processing and Web Hosting Services

Eureka 89

Amusement and Other Recreational Activities n.e.c.

Eureka Skydeck 88

Amusement and Other Recreational Activities n.e.c.

Gainsville Furniture

Furniture Retailing

King Living

Furniture Retailing

Looking for space in Eureka Tower?

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 Eureka Tower: listings, news, works, planning and history.

2025๐Ÿ“ฐ
News
Eureka Tower's only commercial floor offered for sale
The building's only dedicated commercial level was marketed for sale.
2025๐Ÿ› 
Works
1 building permit ยท about $72k of new works
Largest: Unit 8601 - Proposed Internal & external demolition works to an existing dwelling
2024๐Ÿ› 
Works
2 certificates ยท about $1.7m of new works
Largest: Apartment 7602, Eureka Tower - Apartment Refurbishment
2022๐Ÿ“ฐ
News
Residents object to a proposed tower next door
Some residents raised daylight concerns about a proposed 30-storey development on the neighbouring Riverside Quay site.
Jul 2021๐Ÿ“ฐ
News
Skydeck and restaurant levels sold for about $60 million
Levels 88 and 89 and ground-floor retail sold to Sydney fund manager RF CorVal. The operator, Journey Beyond, stayed on under a 25-year lease.
Covered by 3 outlets
Feb 2021๐Ÿ“ฐ
News
Skydeck and restaurant put up for sale
The observation deck and restaurant levels were marketed with price expectations of around $45 million.
Covered by 2 outlets
2021๐Ÿ› 
Works
2 building permits and 3 certificates ยท about $3.0m of new works
Largest: Eureka Skydeck Ground Floor Upgrade Works - Stage 1 - All Works to Office, Amenities & Associated Areas
2020๐Ÿ› 
Works
2 building permits and 1 certificate ยท about $217k of new works
Largest: Level 3 - Karoon Energy Fitout - Internal fitout to completion
2018๐Ÿ› 
Works
2 building permits and 1 certificate ยท about $680k of new works
Largest: Extension and refurbishment of Eureka Tower lobby. Stage 1 - Demolition and internal works only (excluding structural and glazing works)
2017๐Ÿ› 
Works
5 building permits ยท about $536k of new works
Largest: Variation (2) - Enclosed carpark space / garage on Level 3 (carpark no. SOD, Pt 8008)
Mar 2016๐Ÿ“ฐ
News
Cladding reviewed in state-wide building audit
A Victorian Building Authority audit flagged a small amount of cladding material. The VBA said it did not pose a safety risk. The builder says the VBA later listed the cladding as compliant.
Covered by 3 outlets
2016๐Ÿ› 
Works
2 building permits ยท about $290k of new works
Largest: Variation (1) - Lift Opening Header Beam Alterations i.e. increase lift landing door height to suit new finished floor level
2015๐Ÿ› 
Works
3 building permits ยท about $4.4m of new works
Largest: Stage 2 - Internal Alterations to Level 80
2014๐Ÿ› 
Works
2 building permits ยท about $365k of new works
Largest: Lot GR1 Belgium Beer Cafe - Proposed Alterations To Two Storey Building
2012๐Ÿ› 
Works
1 building permit ยท about $100k of new works
Largest: Eureka Fire Stair Upgrade - Eureka Tower (Level 88 & 89)
2011๐Ÿ”„
Use change
Council census records it as residential apartment, 92 floors
Name recorded: Eureka Tower
2011๐Ÿ› 
Works
1 building permit ยท about $945k of new works
Largest: Residential fitout on level 84 Eureka Tower
2010๐Ÿ› 
Works
2 building permits and 3 certificates ยท about $207k of new works
Largest: Eureka Tower, (Retail) Showroom Building (Lot S25). Stage 3: Fitout, Ground Level, Level 1.
2009๐Ÿ› 
Works
1 certificate ยท about $5k of new works
Largest: Alterations to Eureka fitout (Office) Tenancy wall Level 85
2008๐Ÿ› 
Works
6 building permits and 4 certificates ยท about $1.1m of new works
Largest: Eureka Tower - Level 86 (residential). Stage 3: Carpark alterations to Level 3.
2007๐Ÿ› 
Works
9 building permits and 3 certificates ยท about $8.1m of new works
Largest: Stage 2 - Levels 1,88 & 89 Fire services
11 Oct 2006๐ŸŽ€
Milestone ยท Officially opened
Officially opened
Source: Wikipedia
Jul 2006๐Ÿ”‘
Milestone ยท First occupants
Residents living up to level 80
Source: Wikipedia
Jun 2006๐ŸŽ‰
Milestone ยท Completed
Exterior completed
Source: Wikipedia
2006๐Ÿ”„
Use change
Council census records it as residential apartment, 92 floors
Name recorded: EUREKA
2006๐Ÿ› 
Works
2 building permits and 1 certificate ยท about $5.7m of new works
Largest: Variation: Alterations to level 52 & 24 to permit an increase in summit population.
2005๐Ÿ› 
Works
1 building permit ยท about $300k of new works
Largest: storage areas for use by residents
2004๐Ÿ› 
Works
1 building permit ยท about $180k of new works
Largest: Partial fitout to Offices level 6
2003๐Ÿ› 
Works
1 building permit
Largest: Construction of a new building - Stage 3F (Part) - Recertification of Level 9 Area 2.
Aug 2002๐Ÿ—
Milestone ยท Construction started
Construction started
Source: Wikipedia
2002๐Ÿ› 
Works
8 building permits and 1 certificate ยท about $47k of new works
Largest: Construction of a new building - Eureka Tower. Stage 3F (Part) - Recertification of Levels 26 - 56
2002๐Ÿ“‹
First census
First council census entry: unoccupied - under construction, 17 floors
2001๐Ÿ› 
Works
1 building permit ยท about $241.3m of new works
Largest: Construction of a new building - Stage 1A, Tower Piles
2000๐Ÿ› 
Works
1 certificate ยท about $765k of new works
Largest: Office fitout on level 2

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, ยฉ 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
PS437659
Lots on the plan
825
Owners corporation
Yes (common property)
Building permits on record
53
Estimated cost of works
About $270.0m
2000New works by year (estimated)2025

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 - Under Construction ยท 17 floors ยท "EUREKA"
2006Residential Apartment ยท 92 floors ยท "EUREKA"
2011Residential Apartment ยท 92 floors ยท "Eureka Tower"

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

Community

What people say about Eureka Tower in public forums and groups, and reviews left here.

Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.

Resident & tenant reviews

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Frequently asked questions

Is Eureka Tower residential or commercial?

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

When was Eureka Tower built?

Eureka Tower was completed in 2006.

How many floors does Eureka Tower have?

Eureka Tower has 92 floors above ground.

How many apartments are in Eureka Tower?

Eureka Tower has 556 homes. The national address file lists 853 unit addresses here, and some of those can be shops or offices.

Does Eureka Tower have parking?

The City of Melbourne records 1,000 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Eureka Tower?

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 Eureka Tower?

The latest council census counted 6 businesses in Eureka Tower, including Belgian Beer Cafe Melbourne, Data Processors Pty Ltd and Eureka 89.

Are there apartments for sale or rent in Eureka Tower?

See the residential listings on this page, or use the shortcuts to search 3-7 Riverside Quay on realestate.com.au and Domain.

Is there office or retail space for lease in Eureka Tower?

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

Who designed and built Eureka Tower?

Eureka Tower Pty Ltd developed Eureka Tower, Fender Katsalidis designed it and Grocon built it. The building team section has the sources.

How tall is Eureka Tower?

About 298 metres, measured from the City of Melbourne's 3D building model. It's number 2 of 190 buildings in Southbank by height.

What public transport is near Eureka Tower?

Flinders Street Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Casino/Southbank/Queens Bridge St #115, about 4 minutes' walk.

What is the planning zone for Eureka Tower?

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

Does Eureka Tower have an owners corporation?

Plan of subdivision PS437659 has 825 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Eureka Tower recently?

The City of Melbourne has issued 53 building permits for Eureka Tower since 2001. The most recent was in November 2025.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Eureka TowerMixed useโ€”922006
Mercure SouthbankHotel70 m132002
ESSO HouseCommercial106 m151995

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 ยฉ Google Maps.

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