# CBD West (Spencer Street) vs other Melbourne submarkets

> CBD West (Spencer Street) (trophy, ~A$800/sqm/yr · ≈ $48.3 PSF/yr USD) is one of 5 Melbourne Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/melbourne/cbd-west-spencer/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- CBD West (Spencer Street) sits at trophy tier.
- Average rent A$800/sqm/yr · ≈ $48.3 PSF/yr USD vs city average 720.
- Compared submarkets: CBD East (Collins Street) (trophy), Docklands (prime), Southbank (prime).

## Key facts
- **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%

## FAQ
### What other submarkets compete with CBD West (Spencer Street) in Melbourne?
CBD East (Collins Street), Docklands, Southbank

---
Citation: Source: Class A Atlas (https://classa.info/cities/melbourne/cbd-west-spencer/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.