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Southbank

Residential development

Residential development forecasts assume the number of dwellings in Southbank will increase by an average of 783 dwellings per annum to 31,120 in 2041.

The addition of dwellings to the housing stock is a major driver of population growth in an area, providing opportunities for households to relocate from other areas or new households to form locally (such as young people leaving the family home or separations/divorces).

Residential development can take various forms depending on the availability of land. These include new housing estates on greenfield sites, subdivision in existing residential neighbourhoods (often called infill development), conversion of industrial lands to residential lands, and densification of housing by building up.

.id's forecasters worked with Council planners to understand the likely development activity in each small area. This forms the development assumptions for the forecasts. This table shows the quantity of new development assumed in each small area in the City of Melbourne. Select each small area to see detailed assumptions.

List of forecast land developments and infill assumptions:

2017-2022 dwelling additions are based on known sites, both completed and under construction. They include:

  • Marco Melbourne - 42-48 Balston St - 353 dwellings (2017)
  • Coventry Haus - 33 Coventry Street - 72 dwellings (2018)
  • Kings Domain - 68-70 Dorcas St - 238 dwellings (2018)
  • Shadow Play - 312-320 City Rd - 546 dwellings (2018)
  • Southbank Central - 1-13 Balston St - 557 dwellings (2018)
  • The International - 61-63 Haig Street - 163 dwellings (2019)
  • 18 Moray Street - 124 dwellings (2020)
  • 68-82 Southbank Boulevard - 1,060 dwellings (2020)
  • Southbank Place - 54-68 Kavanagh St - 597 dwellings (2020)
  • 52-66 Dorcas Street - 244 dwellings (2021)
  • Botanic Southbank - 25-29 Coventry St - 252 dwellings (2021)
  • Central Tower East- 93-119 Kavanagh St - 881 dwellings (2021)
  • Central Tower West - 93-119 Kavanagh St - 437 dwellings (2021)

2023-2041 dwelling additions are based on approved and mooted sites, as well as future identified development precincts. Total assumed from 2023-2041: 14,050

Forecast residential development
Forecast residential development 2041 Total dwellings: 31,120 2040 Total dwellings: 30,920 2039 Total dwellings: 30,720 2038 Total dwellings: 30,520 2037 Total dwellings: 30,320 2036 Total dwellings: 30,120 2035 Total dwellings: 29,920 2034 Total dwellings: 29,720 2033 Total dwellings: 29,520 2032 Total dwellings: 29,305 2031 Total dwellings: 28,720 2030 Total dwellings: 28,125 2029 Total dwellings: 27,024 2028 Total dwellings: 25,720 2027 Total dwellings: 24,380 2026 Total dwellings: 23,060 2025 Total dwellings: 21,736 2024 Total dwellings: 20,289 2023 Total dwellings: 19,116 2022 Total dwellings: 17,700 2021 Total dwellings: 17,072 2020 Total dwellings: 15,258 2019 Total dwellings: 13,477 2018 Total dwellings: 13,314 2017 Total dwellings: 11,901 2041 Total dwellings: 31,120 2040 Total dwellings: 30,920 2039 Total dwellings: 30,720 2038 Total dwellings: 30,520 2037 Total dwellings: 30,320 2036 Total dwellings: 30,120 2035 Total dwellings: 29,920 2034 Total dwellings: 29,720 2033 Total dwellings: 29,520 2032 Total dwellings: 29,305 2031 Total dwellings: 28,720 2030 Total dwellings: 28,125 2029 Total dwellings: 27,024 2028 Total dwellings: 25,720 2027 Total dwellings: 24,380 2026 Total dwellings: 23,060 2025 Total dwellings: 21,736 2024 Total dwellings: 20,289 2023 Total dwellings: 19,116 2022 Total dwellings: 17,700 2021 Total dwellings: 17,072 2020 Total dwellings: 15,258 2019 Total dwellings: 13,477 2018 Total dwellings: 13,314 2017 Total dwellings: 11,901 2041 Forecast development: 200 2040 Forecast development: 200 2039 Forecast development: 200 2038 Forecast development: 200 2037 Forecast development: 200 2036 Forecast development: 200 2035 Forecast development: 200 2034 Forecast development: 200 2033 Forecast development: 215 2032 Forecast development: 585 2031 Forecast development: 595 2030 Forecast development: 1,101 2029 Forecast development: 1,304 2028 Forecast development: 1,340 2027 Forecast development: 1,320 2026 Forecast development: 1,324 2025 Forecast development: 1,447 2024 Forecast development: 1,173 2023 Forecast development: 1,416 2022 Forecast development: 628 2021 Forecast development: 1,814 2020 Forecast development: 1,781 2019 Forecast development: 163 2018 Forecast development: 1,413 2017 Forecast development: 353
Population and household forecasts, 2016 to 2041, prepared by .id the population experts, April 2019.
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