Infrastructure & local insights

From the elegant tree-lined streets of South Melbourne and Albert Park to the lively bars and boutiques of St Kilda and Elwood, Port Phillip’s diverse neighbourhood remains among the most sought-after in Melbourne.

Work continues on the $12 billion Metro Tunnel project with significant construction and excavation underway. Once completed in 2025, the tunnel will improve connectivity and transport options for Port Phillip residents, easing congestion and enhancing accessibility to the CBD.

Over the past 12 months, the council has injected $71.2 million to maintain, grow and improve community services and infrastructure. This includes $48.2 million of capital investment in roads and footpaths, parks and sporting facilities.

The municipality’s thriving cafe culture has received a $1 million boost to footpath trading to enhance the al fresco dining scene. In the coming months, $17 million will be set aside for further improvements at South Melbourne Market, while the restoration of the historic South Melbourne Town Hall is expected to be completed next year, returning the heritage building to its former glory as a focal point for community gatherings and events.

The Australian Grand Prix continues to be a boon to local businesses, drawing record crowds of close to 450,000 this year. The four-day event has been confirmed to be held at Albert Park until 2035.

The council has also allocated an additional $9 million towards the development of the Fishermans Bend precinct, a transformative project converting the former General Motors Holden site into a dynamic hub for innovation and employment. Once complete, this urban renewal precinct, spanning 480 hectares, will redefine the landscape and contribute significantly to the area’s economic growth and liveliness.

Beyond its bustling streets, the allure of Port Phillip’s expansive coastline and world-class swimming beaches continues to captivate locals and visitors alike. A series of projects to further enhance the beauty of this valuable natural asset are underway. The highly anticipated rebuild of St Kilda Pier is progressing well, with a $53 million investment to create improved visitor spaces, a new penguin viewing area and a revitalised curved pier slated to open next year. The council’s commitment of $25 million towards the Elwood foreshore upgrade project will help safeguard this cherished coastal resource.

Port Phillip boasts some of Melbourne’s top-ranking schools, including selective entry school Mac.Robertson Girls’ High School and sought-after independent institutions such as St Michael’s Grammar School. Schools across the municipality have benefited from major improvements in recent years and this trend looks set to continue, including a $30 million new performing arts precinct at Albert Park College which is set to open at the end of 2024, and a $24 million upgrade and modernisation works at Middle Park Primary School.

Port Phillip’s unique blend of history, hip inner-city appeal, superb residential offerings and prime coastal location minutes from the CBD, alongside sustained investment in new and improved infrastructure, assures the municipality’s enduring appeal, long-term growth and strong property market performance.

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Infrastructure & local insights

Port Phillip in numbers

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