🏬 Mixed useResidential ApartmentCompleted 2015

Platinum Apartments

43-47 Clarke Street, Southbank VIC 3006

  • 170 m tall Β· #9 in Southbank
  • 54 floors
  • 436 homes
  • 1 businesses
  • 269 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.

11 years standing

Built in 9 mths

  1. 2009Planning application
  2. Apr 2014Construction started
  3. 2015Completed
  4. TodayStill standing

10 building permitsFull timeline ↓

About Platinum Apartments

Platinum Apartments is a mixed-use building on Clarke Street in Southbank, mainly residential apartments, with 436 homes across 54 floors above ground. At 170 metres to the roof, it ranks eighth of 188 buildings in Southbank by measured roof height. Developed by Salvo Property Group, it was completed in 2015.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
2015 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
170 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#9 of 190 in Southbank
Floors
54 Unconfirmed We don't have data to 100% confirm this data point as yet.
Footprint
1,382 mΒ²
Homes
436 Unconfirmed We don't have data to 100% confirm this data point as yet.
Businesses
1
Car spaces
269
Strata plan
PS700447 Β· 704 lots
Planning zone
CCZ3
Permits on record
10

Score cards

πŸš† Transport4/10

Southern Cross Railway Station 14 min walk Β· 4 tram stops within 400 m

β˜• Everyday amenities5/10

11 cafΓ©s, 1 grocers, 1 medical within 250 m

🌳 Greenery8/10

114 street trees within 150 m Β· park 151 m away

✨ Activity3/10

3,621 people pass daily nearby Β· 3 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.

2 bed41595% of 435
3+ bed205% of 435

πŸš— 269 residential car spaces recorded at this property, about 0.6 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 Platinum Apartments.

πŸ—DeveloperSalvo Property GroupverifiedClient for the Platinum towerSource: Construction Index β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Southern Cross Railway Station
Train station
14 min Β· 1087 m
πŸš†Flinders Street Station
Train station
14 min Β· 1102 m
πŸš‹City Rd/Kings Way #116
Tram stop
2 min Β· 120 m
πŸš‹City Rd/Clarendon St #126
Tram stop
2 min Β· 150 m
πŸš‹Port Junction/Whiteman St #125
Tram stop
4 min Β· 297 m

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

Within a 3-minute walk

11β˜• CafΓ©s & eateries
1πŸ›’ Grocers
0πŸ‹οΈ Gyms
1🩺 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 Platinum Apartments

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

Woolworths Metro Southbank

Supermarket and Grocery Stores

Looking for space in Platinum 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 Platinum Apartments: listings, news, works, planning and history.

2025πŸ› 
Works
1 certificate Β· about $133k of new works
Largest: Level 52 - Platinum steam room alterations
2021πŸ› 
Works
2 building permits Β· about $303k of new works
Largest: Internal alterations to an existing supermarket - Woolworths
2019πŸ”„
Use change
Council census records it as residential apartment, 54 floors
Name recorded: Platinum Apartments
2017πŸ”„
Use change
Council census records it as residential apartment, 54 floors
2016πŸ› 
Works
1 building permit
Largest: Stage 11 - Final - Remainder of Works (Levels 51 to Roof Architectural & Services Works) - Conditional
2015πŸŽ‰
Milestone Β· Completed
Platinum Apartments completed: 54 floors
Derived from City of Melbourne Development Activity Monitor
2015πŸ”„
Use change
Council census records it as unoccupied - under construction, 14 floors
2015πŸ› 
Works
2 building permits
Largest: Stage 10 - Levels 51 to roof suspended post tension floors - conditional
By 2014βœ…
Milestone Β· Approved
Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
Apr 2014πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2014πŸ› 
Works
5 building permits Β· about $122.5m of new works
Largest: Stage 3 - Super structure only
2013πŸ”„
Use change
Council census records it as unoccupied - unused, 2 floors
2009πŸ“
Milestone Β· Planning application
Planning application TPM-2009-57 lodged
Derived from City of Melbourne Development Activity Monitor
2002πŸ“‹
First census
First council census entry: office, 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
PS700447
Lots on the plan
704
Owners corporation
Not recorded
Building permits on record
10
Estimated cost of works
About $123.0m
2014New 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

2002Office Β· 2 floors
2013Unoccupied - Unused Β· 2 floors
2015Unoccupied - Under Construction Β· 14 floors
2017Residential Apartment Β· 54 floors
2019Residential Apartment Β· 54 floors Β· "Platinum Apartments"

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

Community

What people say about Platinum Apartments 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

No reviews of Platinum Apartments yet. Be the first to tell future neighbours what it's like.

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Frequently asked questions

Is Platinum Apartments residential or commercial?

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

When was Platinum Apartments built?

Platinum Apartments was completed in 2015.

How many floors does Platinum Apartments have?

Platinum Apartments has 54 floors above ground.

How many apartments are in Platinum Apartments?

Platinum Apartments has 436 homes. The national address file lists 439 unit addresses here, and some of those can be shops or offices.

What size apartments are in Platinum Apartments?

The City of Melbourne's development record lists 415 2 bed and 20 3+ bed apartments. The built numbers may differ a little.

Does Platinum Apartments have parking?

The City of Melbourne records 269 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Platinum 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 Platinum Apartments?

The latest council census counted 1 business in Platinum Apartments, including Woolworths Metro Southbank.

Are there apartments for sale or rent in Platinum Apartments?

See the residential listings on this page, or use the shortcuts to search 43-47 Clarke Street on realestate.com.au and Domain.

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

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

Who designed and built Platinum Apartments?

Salvo Property Group developed Platinum Apartments. The building team section has the sources.

How tall is Platinum Apartments?

About 170 metres, measured from the City of Melbourne's 3D building model. It's number 9 of 190 buildings in Southbank by height.

What public transport is near Platinum Apartments?

Southern Cross Railway Station is the nearest train station, about 14 minutes' walk. The nearest tram stop is City Rd/Kings Way #116, about 2 minutes' walk.

What is the planning zone for Platinum Apartments?

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

Does Platinum Apartments have an owners corporation?

Plan of subdivision PS700447 has 704 lots.

Has any work been done on Platinum Apartments recently?

The City of Melbourne has issued 10 building permits for Platinum Apartments since 2014. The most recent was in June 2021.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Platinum ApartmentsMixed useβ€”542015
PalladiumResidential31 m532021
MainPoint Melbourne ApartmentsResidential60 m432012
Bank ApartmentsMixed use63 m422011
Banque 88Residential69 m232016
Aria Serviced ApartmentsResidential89 m162006

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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