Fishermans Bend

Australia’s largest urban renewal precinct, transforming into a global centre for advanced manufacturing, engineering and design on Melbourne’s CBD fringe.

A map of Fishmermans Bend

Few global cities can offer a precinct of this scale so close to the CBD. Fishermans Bend is Australia’s largest inner-city urban renewal precinct, located minutes from central Melbourne and twice the size of Melbourne’s CBD.

Purpose-planned for design, engineering and advanced manufacturing, it provides investors with rare inner-city capacity, long-term certainty and room to scale in a constrained metropolitan market.

Fishermans Bend combines industrial-scale capability with high-capacity digital infrastructure, access to skilled talent and proximity to critical supply chains.

With one area already certified as a 6 Star Green Star Community and ambitions for more areas to follow, Fishermans Bend sets a new national benchmark for sustainable, future-ready precincts.

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At a glance

  • 485 hectares, located as close as 1km from Melbourne’s CBD
  • 5 interconnected sub-precincts, supporting advanced manufacturing, engineering, defence, aerospace, transport, and enabling technologies
  • 32-hectare Fishermans Bend Innovation Precinct – where defence, industry and academia collaborate to develop transformative technologies
  • Home to global and ASX-listed leaders, including Boeing, Siemens, Leonardo, NEXTDC and Polynovo
  • $7B+ development pipeline, backed by major public and private infrastructure investment
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Fishermans Bend

Why Fishermans Bend?

Unmatched scale, location and certainty

  • Rare inner-city scale in a tightly constrained metropolitan market
  • Long-term planning framework providing certainty for capital-intensive, long-horizon investments
  • Flexibility to support establishment, expansion and co-location within a single precinct

A globally significant advanced industry ecosystem

With deep industrial roots and a strong legacy of innovation, Fishermans Bend is purpose-built to support advanced industry at scale.

  • Established cluster of global and ASX-listed leaders, creating immediate ecosystem depth.
  • A major Department of Defence research and development presence, supporting defence, aerospace, transport and dual-use technologies.
  • Strong integration with research and talent pipelines, including the University of Melbourne’s new engineering and design campus.
  • Designed to support the full innovation lifecycle, from R&D and prototyping through to commercialisation and global scale.

Major anchors include:

Infrastructure built for advanced industry

Fishermans Bend is being delivered with industrial-grade infrastructure to support capital-intensive and technology-led operations.

  • High-capacity digital infrastructure, including major data centre investment to support advanced manufacturing, AI, defence and engineering applications.
  • Direct access to ports, freight and logistics networks, reducing supply-chain complexity and time-to-market.
  • Staged government investment in roads and utilities, aligning infrastructure delivery with development timelines.

Sub-precincts for consideration

Each sub-precinct offers a distinct investment profile, from industrial and innovation-led development through to premium commercial, residential and mixed-use opportunities.

  1. Fishermans Bend Innovation Precinct and Employment and Innovation Area – anchor precinct.
  2. Montague – mixed use precinct, including co-working spaces, creative businesses and studios.
  3. Wirraway – arts design, creative studios and adaptive industrial spaces.
  4. Sandrige – commercial centre, premium office space, retail and diverse housing.
  5. Lorrimer – mixed use precinct positioned on the Yarra River, offering rare opportunities for large scale residential and commercial development.

Supporting government policy

Recent and ongoing investment

  • $197.7 million Stage 1 of Victorian Government infrastructure improvements
  • NEXTDC’s $2 billion M4 AI Factory, Mission Critical Operations Centre and Technology Centre of Excellence
  • University of Melbourne Engineering Campus – Phase 1
  • $7 billion Total Development Pipeline across 60+ sites (as of May 2025)
  • $2.7 billion planned for essential urban renewal infrastructure

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