Marvel Stadium, Flagstaff Gardens, Costco Docklands adjacent.
Marvel Stadium, Flagstaff Gardens, Costco Docklands adjacent.
Marvel Stadium, Flagstaff Gardens, Costco Docklands adjacent.
Premium hotel and dining inventory is tight to the submarket — important for international client hosting.
| city | Melbourne |
|---|---|
| submarket | CBD West (Spencer Street) |
| tier | trophy |
| averageRentLocal | A$800/sqm/yr · ≈ $48.3 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.