🏬 Mixed useResidential ApartmentCompleted 1997

Southbank Towers

63-85 Queens Bridge Street, Southbank VIC 3006

  • 28 floors
  • 288 homes
  • 5 businesses
  • 333 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.

29 years standing

Built in 5 mths

  1. Aug 1996Construction started
  2. 1997Completed
  3. 2005Refurbished
  4. TodayStill standing

21 building permitsFull timeline ↓

About Southbank Towers

Southbank Towers is a 28-storey apartment tower with 288 homes, and it stands 90 metres to the top. Central Equity developed it, and it was completed in 1997.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
1997
Height
90 m Unconfirmed We don't have data to 100% confirm this data point as yet.
Floors
28
Footprint
1,919 mΒ²
Homes
288
Businesses
5
Car spaces
333
Strata plan
PS348087 Β· 331 lots
Planning zone
CCZ3
Permits on record
21

Score cards

πŸš† Transport5/10

Flinders Street Station 9 min walk Β· 2 tram stops within 400 m

β˜• Everyday amenities7/10

45 cafΓ©s, 4 grocers, 2 medical within 250 m

🌳 Greenery8/10

103 street trees within 150 m Β· park 158 m away

✨ Activity4/10

1,845 people pass daily nearby Β· 9 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 Southbank Towers.

πŸš— 325 residential car spaces recorded at this property, about 1.1 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 Southbank Towers.

πŸ—DeveloperCentral EquityverifiedDeveloper and builder, per apartments.com.au 2015 articleSource: apartments.com.au β†—
πŸ—‚Owners corporation managerMICMreportedCurrent Β· Owners corporation manager for Southbank TowersSource: MICM β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Flinders Street Station
Train station
9 min Β· 743 m
πŸš†Flinders Street Railway Station
Train station
10 min Β· 794 m
πŸš‹Casino/Southbank/Queens Bridge St #115
Tram stop
2 min Β· 200 m
πŸš‹City Rd/Kings Way #116
Tram stop
3 min Β· 267 m
πŸš‹Casino/MCEC/Clarendon St #124A
Tram stop
6 min Β· 449 m

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

Within a 3-minute walk

45β˜• CafΓ©s & eateries
4πŸ›’ Grocers
2πŸ‹οΈ Gyms
2🩺 Medical
0πŸ’Š Pharmacies
3🧸 Childcare
8🍷 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 Southbank Towers

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

Cellarbrations At Southbank

Liquor Retailing

Kidsco

Child Care Services

Lets Save

Supermarket and Grocery Stores

My Goodness Pizza

Takeaway Food Services

Snap Fitness

Health and Fitness Centres and Gymnasia Operation

Looking for space in Southbank Towers?

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 Southbank Towers: listings, news, works, planning and history.

2025πŸ› 
Works
1 building permit Β· about $18k of new works
Largest: Unit 109 - Construct verandah
2024πŸ› 
Works
1 certificate Β· about $3k of new works
Largest: Proposed alterations to essential services to existing tenancy
2023πŸ› 
Works
1 building permit Β· about $15k of new works
Largest: Unit 108 - Construction of verandah
2020πŸ› 
Works
1 certificate
Largest: Unit 1403 - Internal alterations to apartment
2018πŸ› 
Works
1 building permit Β· about $100 of new works
Largest: Unit 1403 - Internal alterations to apartment
2017πŸ”„
Use change
Council census records it as residential apartment, 28 floors
Name recorded: Southbank Towers
2017πŸ› 
Works
1 building permit Β· about $58k of new works
Largest: Unit 1708 - Alterations
2016πŸ› 
Works
2 building permits and 1 certificate Β· about $653k of new works
Largest: Signage Southbank Towers
2015πŸ› 
Works
1 building permit and 1 certificate Β· about $74k of new works
Largest: Alterations - Fire stair re-entry - Southbank Towers
2013πŸ› 
Works
1 building permit Β· about $150k of new works
Largest: Unit Alterations - Apartment 2006
2012πŸ› 
Works
1 building permit Β· about $2k of new works
Largest: Alterations to an existing building - Sprinkler relocation works only.
2011πŸ”„
Use change
Council census records it as residential apartment, 28 floors
Name recorded: SOUTHBANK TOWERS
2009πŸ› 
Works
1 building permit Β· about $14k of new works
Largest: Install Pump Regulating Device-Spinkler System
2006πŸ› 
Works
1 building permit Β· about $300 of new works
Largest: Upgrade and installation of code red fire alarm monitoring system.
2005πŸ› 
Works
1 certificate
Largest: Stage 1 - Internal fitout works
2004πŸ› 
Works
3 building permits Β· about $272k of new works
Largest: Fitout of jewlery and cosmetics shop.
2002πŸ“‹
First census
First council census entry: residential apartment, 29 floors
2001πŸ› 
Works
3 building permits Β· about $381k of new works
Largest: Stage 2 , to completion - Alterations to showroom BMW. Ground floor (part)
1997πŸŽ‰
Milestone Β· Completed
Southbank Towers completed: 28 floors
Derived from apartments.com.au
Jul 1997πŸ”‘
Milestone Β· First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
1997πŸ› 
Works
1 certificate Β· about $200k of new works
Largest: Fitout for Tenancy 5 and 6
Aug 1996πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
1996πŸ› 
Works
2 building permits Β· about $38.5m of new works
Largest: Construction of multi storey residential development. Stage 1A Inground Services, Piles , Pile Caps Carpark and Tower Footings

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
PS348087
Lots on the plan
331
Owners corporation
Yes (common property)
Building permits on record
21
Estimated cost of works
About $40.3m
1996New 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

2002Residential Apartment Β· 29 floors Β· "SOUTHBANK TOWERS"
2011Residential Apartment Β· 28 floors Β· "SOUTHBANK TOWERS"
2017Residential Apartment Β· 28 floors Β· "Southbank Towers"

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

Community

What people say about Southbank Towers in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Southbank Towers? .

Resident & tenant reviews

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Frequently asked questions

Is Southbank Towers residential or commercial?

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

When was Southbank Towers built?

Southbank Towers was completed in 1997.

How many floors does Southbank Towers have?

Southbank Towers has 28 floors above ground.

How many apartments are in Southbank Towers?

Southbank Towers has 288 homes. The national address file lists 287 unit addresses here, and some of those can be shops or offices.

Does Southbank Towers have parking?

The City of Melbourne records 325 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Southbank Towers?

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 Southbank Towers?

The latest council census counted 5 businesses in Southbank Towers, including Cellarbrations At Southbank, Kidsco and Lets Save.

Are there apartments for sale or rent in Southbank Towers?

See the residential listings on this page, or use the shortcuts to search 63-85 Queens Bridge Street on realestate.com.au and Domain.

Is there office or retail space for lease in Southbank Towers?

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

Who designed and built Southbank Towers?

Central Equity developed Southbank Towers. The building team section has the sources.

What public transport is near Southbank Towers?

Flinders Street Station is the nearest train station, about 9 minutes' walk. The nearest tram stop is Casino/Southbank/Queens Bridge St #115, about 2 minutes' walk.

What is the planning zone for Southbank Towers?

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

Does Southbank Towers have an owners corporation?

Plan of subdivision PS348087 has 331 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Southbank Towers recently?

The City of Melbourne has issued 21 building permits for Southbank Towers since 1996. The most recent was in February 2025.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Southbank TowersMixed useβ€”281997
Southbank OneMixed use53 m382009
Prima Pearl ApartmentsMixed use104 m732014
Melbourne TowerMixed use126 m382004
City TowerMixed use126 m382004
Southbank Central ApartmentsMixed use148 m492017

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), 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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