'Limbo' follows the investigation of a twenty year-old outback cold case murder by jaded detective Travis Hurley.

After his mother drug overdose, 17-year-old Joshua "J" Cody (James Frecheville) asks his estranged grandmother, Janine "Smurf" Cody (Jacki Weaver), for help, and she invites him to move in with her. Smurf is the affectionate matriarch of a Melbourne crime family that uses her home as a base. Her home is also being watched by cops who are looking for the oldest son, Andrew "Pope" Cody (Ben Mendelsohn), who is in hiding. The volatile middle brother, Craig (Sullivan Stapleton), deals drugs successfully enough to have bought the house for his mother. The youngest brother, Darren (Luke Ford), follows the lead of his siblings, while family friend "Baz" (Joel Edgerton) leads the gang, which specializes in armed robbery.

Two men who meet on a bus strike up a conversation that turns into friendship. For Henry Teague, worn down by a lifetime of physical labour and crime, this is a dream come true.

A con man, Irving Rosenfeld, along with his seductive partner Sydney Prosser, is forced to work for a wild F.B.I. Agent, Richie DiMaso, who pushes them into a world of Jersey powerbrokers and the Mafia.

Ten years have passed, and Sidney Prescott, who has put herself back together thanks in part to her writing, is visited by the Ghostface Killer.