Collins Street retail, Bourke Street Mall, Federation Square.
Collins Street retail, Bourke Street Mall, Federation Square.
Collins Street retail, Bourke Street Mall, Federation Square.
Premium hotel and dining inventory is tight to the submarket — important for international client hosting.
| city | Melbourne |
|---|---|
| submarket | CBD East (Collins Street) |
| tier | trophy |
| averageRentLocal | A$880/sqm/yr · ≈ $53.1 PSF/yr USD |
| cityClassARentUsd | $43/sqft/yr |
| cityVacancyPct | 18.4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.