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flag Melbourne’s retail vacancy rate rose to 7.2% in 2025, with some areas thriving due to transport and supermarkets, while others struggled amid planning and tax challenges.

flag Melbourne’s shopping strip vacancy rate rose to 7.2% in 2025, up from 6.5% the previous year, but remains below long-term averages. flag Centre Road in Bentleigh stands out with a record-low 1% vacancy, driven by community support, specialty shops, and major supermarkets. flag In contrast, areas like Bridge Road in Richmond saw vacancies climb to 18.7%, while others including Camberwell Junction and Acland Street also reported higher rates. flag Some areas, such as Puckle Street and Glen Huntly Road, improved due to new developments and balanced tenancy. flag Experts cite planning delays, land taxes, and uncertain development as challenges, but access to transport, supermarkets, and ongoing projects continue to support retail resilience across the city.

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