Melbourne's Australia 108 Tower Is Now Officially the Tallest Residential Building in the Southern Hemisphere

Melbourne's skyline is looking up, with the city gaining another huge tower that's not only the Victorian capital's new tallest building, but also the tallest residential building in the whole Southern Hemisphere.

Named Australia 108, the Southbank building features 100 storeys soaring 319 metres high, which is more than 20 metres above the city's previous tallest building, the 88-storey, 297.3-metre-tall Eureka Tower. It comes just under Gold Coast's 332.5-metre-tall Q1, though, which still holds the title of Australia's tallest building.

Designed by architects Fender Katsalidis, who also led the design of the Eureka Tower, together with World Class Global, the tower's apartments are currently three-quarters complete. The building also has a two-storey Star Club — within the protruding gold Starburst, inspired by the Commonwealth star on the Australian flag — which is home to two infinity pools, dining rooms, gyms and lounge areas.

Apartments are split into the Sky Rise Residences (up to level 67) and the luxury Cloud Residences (from level 72 and above). But, they're going for a pretty penny. According to Realestate.com.au, the main penthouse sold for $25 and a two-storey apartment on level 90-91 was on the market for a bargain $10 million.

The building officially took out the title as Melbourne's tallest building when it 'topped out' earlier this week, which means the roof is now complete.

Australia 108 is slated for completion at 70 Southbank Boulevard, Southbank by the end of September, 2020. For more information, head to the website.