Docklands.

Melbourne Docklands is a unique waterfront development in the heart of Melbourne comprising 200 hectares of land and water and seven kilometres of waterfront*.

*http://www.docklands.com/cs/Satellite?pagename=Docklands

Zaha Hadid, by the way, will be contributing to the architecture there with her 'green' building in a few years' time.

But here are pictures of the existing architecture; interesting place (too bad about the weather):

Luxurious waterfront condos:

And lots of places to shop too! This is the newly opened HarbourTown (full of Outlet stores...) with the Southern Star (Ferris Wheel) behind: