A Local Floodplain Development Plan (LFDP) is a planning tool enabled under the Victoria Planning Provisions that provides a localised response to flood risk management and guides land use and development. 

The Southbank LFDP applies only to land in the Southbank precinct covered by the Land Subject to Inundation Overlay – Schedule 4 or Special Building Overlay – Schedule 4 in the Melbourne Planning Scheme. Planning applications for buildings and works within these areas must be assessed against the Southbank LFDP.