The best five Southbank apartments on the market

The continued development of the Southbank area has apartment developers seeking to create towers for the expected high demand of buyers.
The best five Southbank apartments on the market
Australia 108 in Southbank
Alison Warters January 13, 2022

Southbank, the cultural heart of Melbourne, is getting a facelift from the Victorian state government, with plans to invest $470 million into redeveloping the art district.

ARA Australia are undertaking the government-funded project, with the purpose of enhancing amenities and experiences for locals, with a wider plan of attracting more visitors to the area. There will be new bars, office spaces and restaurants across a five-story podium.

The continued development of the Southbank area has apartment developers seeking to create towers for the expected high demand of buyers. The highly anticipated STH Bnk by Beulah is expected to launch in 2022, which will see around 449 apartments created in the $2.7 billion mixed-use development.

Urban has wrapped up the best apartments for sale in Southbank.

1. The Evermore
Developer: Landence
Price: From $455,000

The Evermore, located on Dorcas Street and completed last year, was designed to be timeless in both architecture and interior design. 

Comprising 200 apartments spread across two slender towers, the 24-level high-rise was designed by architect Hayball and developer Landence. The Evermore’s towers are anchored by a podium where residents can shop at retail outlets. Unique in its folded composition and louvered facade, The Evermore offers a lift between its two towers to transport residents to a wellness zone on level three.

Floor plans are spacious ranging between 60 sqm and 120 sqm of living space with a versatile range of 200 one, two, and three-bedroom apartments.

Apartments under $1 million in The Evermore qualify for $0 stamp duty.

2. Australia 108
Developer: World Class Land
Prices from: $480,000

Set on Southbank Boulevard, Australia 108, the tallest apartment tower in the southern hemisphere, was designed by the renowned architecture firm Fender Katsalidis and pays homage to the Australian flag with a rotated golden structure protruding from the building.

The 161 Cloud Residences are located between 210 metres and 319 metres above ground across the tower’s 72 through 100 floors, atop the building’s iconic Starburst feature.

A collection of four limited edition Nova sub-penthouses are also on offer. Located on level 97, the three-bedroom, three-bathroom apartments span up to 200 sqm. They have price tags between $4,746,000 and $5,558,000.The Cloud Residences also represent some of the most expensive residential apartments real estate in the nation, with prices between $1.9 million for a three bedroom and $25 million for the statement trophy 797 sqm penthouse, the most expensive apartment sold in Australia at the time of its sale in 2015.

Apartments under $1 million in Australia 108 qualify for $0 stamp duty.

3. Melbourne Square
Developer: OSK Property
Prices: From $711,400

At Melbourne Square on Kavanagh Street, both public and private amenity has been thoughtfully considered, giving residents a number of relaxation, work and entertainment zones. 

The impressive offering spans over 14,000 sqm and includes a landscaped public park, a network of green spaces, the city's largest resort-style pool (50 metres long) and private entertaining pods. Comprising 1,054 two and three-bedroom apartments, the development reflects the essence of the city thanks to dynamic designs by Cox Architecture.

Residents of the precinct can enjoy a host of shared amenities, including a resort-style outdoor pool, indoor pool, yoga studio, golf simulator, gym and private cinema.

Apartments under $1 million in Melbourne Square qualify for $0 stamp duty.

4. FOCUS Melbourne
Developer: Central Equity
Prices: From $499,000

Southbank is set to welcome newcomer FOCUS Melbourne on City Road, the product of a partnership between Central Equity and Doig Architecture.

Located on City Road, residents will benefit from easy access to an abundance of cafes, restaurants, and entertainment options, with the Botanic Gardens, Crown Entertainment Complex, Arts Centre and the Melbourne CBD all within walking distance.

Comprising 592 one, two and three-bedroom apartments spread across 50 levels, this glazed high-rise features a contemporary facade of strong rectilinear geometry, clear and bronze glass, and the retention of a heritage façade along the streetscape.

5. Normanby
Developer: Capital Alliance

Price: From $536,550

Normanby, Southbank offers a unique way of living, with the 40 level development part of Australia's first AC Hotels by Marriot.

Residents of these private high-end apartments will be able to join the exclusive hotel membership and access services and amenities provided by the hotel, including, the infinity pool, gymnasium, concierge services, room service, housekeeping and much more. Featuring spacious one, two and three-bedroom apartments, each apartment also comes with its own storage room located on the same level as your apartment.

Delivered by Capital Alliance and DKO Architecture, and built by Crema, the apartments start at $536,550 and rise to $1,431,150 for the three-bedroom apartments.

Alison Warters

Alison Warters is a property journalist for Urban, based in Sydney. Alison is especially interested in the evolution of the New Build/Development space, when it comes to design innovation and sustainability.

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