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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.
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.
Centre Road in Bentleigh stands out with a record-low 1% vacancy, driven by community support, specialty shops, and major supermarkets.
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.
Some areas, such as Puckle Street and Glen Huntly Road, improved due to new developments and balanced tenancy.
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.
La tasa de vacantes minoristas de Melbourne aumentó al 7.2% en 2025, con algunas áreas prosperando debido al transporte y los supermercados, mientras que otras lucharon en medio de desafíos de planificación e impuestos.