Market statistics
Insight
06 February 2025
Melbourne Retail Market Dynamic Q4 2024
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Retail turnover growth has reflected resilient growth over the quarter to Q4 2024, supported by several key promotional events like the Black Friday and Cyber Monday sales. Most retail sub-sectors reflected a fall in vacancy rates over the second half of 2024, and steady (albeit gradual) income growth flowed through all sub-sectors over the quarter.