South Yarra is Melbourne's most glamorous inner suburb. Chapel Street is Australia's premier fashion retail strip, while Toorak Road supports some of Melbourne's finest restaurants. High incomes and aspirational demographics drive premium spending.
How well does South Yarra suit each type of business?
“South Yarra commands Melbourne's highest retail rents outside the CBD but also its highest retail sales per sqm. The premium demographic actively seeks quality and is highly brand-conscious. Only operators with strong visual identity and product quality should consider this location.”
Business types with strong opportunity in South Yarra