1
Demand 10/10: Smith Street and Gertrude Street set the national benchmark for independent hospitality density and customer quality.
Demand 10/10 · Rent 4/10 · Competition 3/10
Premium plays
GO-band suburbs (69+) with the highest composite scores — for operators who can execute at inner-ring rents.
Verdict GO only, sorted by composite score.
2
Demand 9/10: Swan Street and Bridge Road draw high-spending residential and sporting-event crowds.
Demand 9/10 · Rent 5/10 · Competition 4/10
3
Demand 10/10: Chapel Street premium strip attracts highest average spend per customer in Melbourne outside the CBD.
Demand 10/10 · Rent 7/10 · Competition 5/10
4
Demand 9/10: Sydney Road creative corridor with a loyal independent retail and café culture.
Demand 9/10 · Rent 4/10 · Competition 5/10
5
Demand 9/10: Lygon Street institution; university density drives consistent daytime demand.
Demand 9/10 · Rent 5/10 · Competition 5/10
6
Demand 8/10: High Street improving rapidly; early-mover advantage still available before rents catch demographics.
Demand 8/10 · Rent 3/10 · Competition 4/10
7
Demand 8/10: rapid demographic shift brings professional population and higher spending power to a historically value-positioned market.
Demand 8/10 · Rent 3/10 · Competition 4/10
8
Demand 9/10: Smith Street spill-over from Fitzroy; arts and creative professional concentration drives strong weekend trade.
Demand 9/10 · Rent 5/10 · Competition 6/10
9
Demand 9/10: coastal premium with strong tourist and residential mix.
Demand 9/10 · Rent 6/10 · Competition 5/10
10
Demand 9/10: positioned between South Yarra and St Kilda; captures premium catchment at lower rents than its neighbours.
Demand 9/10 · Rent 6/10 · Competition 5/10
11
Demand 8/10: Burke Road premium corridor with established professional base and strong weekend trade.
Demand 8/10 · Rent 4/10 · Competition 4/10
12
Demand 8/10: High Street growth strip; younger professional demographic with above-average café spending.
Demand 8/10 · Rent 4/10 · Competition 5/10
13
Demand 8/10: best rent-to-foot-traffic ratio in Melbourne east; Asian market concentration is a structural advantage.
Demand 8/10 · Rent 3/10 · Competition 6/10
14
Demand 7/10: fast-growing southeast growth corridor with underserved commercial strip.
Demand 7/10 · Rent 3/10 · Competition 3/10
15
Demand 8/10: professional enclave with one of the highest household incomes in Melbourne; underserved for premium hospitality.
Demand 8/10 · Rent 5/10 · Competition 4/10
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