Property Report
Comprehensive multi-dimensional analysis
3105/57-61 City Road
Zoning & Regional Plan
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Schools
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Traffic & Congestion
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Public Transport
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Flood Risk
Southbank is situated in the Yarra River floodplain and is subject to Victoria's Land Subject to Inundation Overlay (LSIO). While the area has undergone significant urban renewal and modern flood-aware development, properties remain at medium flood risk due to proximity to the Yarra River and its tributary systems. Planning approval and detailed flood risk assessment are typically required for new works or substantial renovation.
Planning Controls
- •Compliance with Melbourne Water flood-related planning controls and permit requirements for development in LSIO areas
- •Mandatory floor level requirements; habitable rooms typically must be above the 1% AEP flood level plus freeboard
- •Flood impact assessment and mitigation measures required for new development or substantial renovations
- •Consideration of cumulative flood risk from both river and urban stormwater inundation
Bushfire Risk
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Crime & Safety
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Future Development
Southbank is a mature urban renewal precinct experiencing continued mixed-use intensification focused on riverfront activation, residential growth and cultural precinct expansion. Development activity concentrates on high-density residential towers, mixed-use cultural-retail integration, and public realm improvements, with significant activity also in adjacent precincts (Fishermens Bend, St Kilda Road corridor) driving broader inner-city renewal. Council support for arts, culture and residential infill remains strong, with most recent DAs reflecting demand for premium inner-city apartments and hospitality-led mixed-use schemes.
Southbank Arts Precinct Expansion
0 kmStaged development of arts facilities and residential apartments integrated with existing cultural institutions along the Yarra River.
Determination: 2026
Southbank Promenade Riverfront Redevelopment
0.2 kmPublic realm upgrade and mixed-use development along the Yarra River incorporating retail, hospitality and residential components.
Crown Precinct Renewal
0.5 kmLarge-scale integrated development combining entertainment, hospitality, residential and office uses at Crown Melbourne site.
Determination: 2028
St Kilda Road Apartment Development
0.8 kmMulti-tower residential complex on St Kilda Road with 400+ apartments and ground-floor retail activation.
Determination: 2025
Fishermens Bend Urban Renewal Precinct
1.2 kmLarge-scale precinct transformation including residential, commercial, industrial and public open space components across multiple sites.
Albert Road Office-to-Residential Conversion
1.5 kmAdaptive reuse of existing office buildings to residential apartments capitalizing on inner-city location and proximity to public transport.
Heritage & Conservation
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