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The Best Shopping Malls in Australia
Talula Atkinson
Australia's retail sector is booming, with consumer spending hitting a record $350 billion in 2023 according to the Australian Bureau of Statistics, and projections for 2025 point to even stronger growth driven by a rebounding tourism industry and rising disposable incomes. As an international business advisor who's helped entrepreneurs set up shop in Sydney and Melbourne, I've seen firsthand how the right location can make or break a retail venture. Picture this: You're a budding entrepreneur eyeing the Australian market, where e-commerce is surging but physical retail still commands a loyal following, especially in high-traffic malls that blend shopping, entertainment, and dining. With inflation stabilizing and the economy expected to grow by 2.5% in 2025 per IMF forecasts, now's the time to capitalize on these hubs.
Why is 2025 strategically important? For starters, Australia's post-pandemic recovery has supercharged consumer confidence, with retail turnover up 7% year-on-year. The government's push for sustainable infrastructure and digital integration means malls are evolving into mixed-use destinations, offering prime opportunities for businesses in fashion, tech, and food services. Add in the influx of international visitors—tourism is forecasted to contribute $150 billion to the economy by 2025—and you've got a fertile ground for expansion. In my experience advising on company formations, I've guided clients through the nuances of Australia's business landscape, from navigating the Australian Securities and Investments Commission (ASIC) registrations to leveraging tax incentives like the instant asset write-off for small businesses.
This article dives into the best shopping malls in Australia, focusing on those that stand out for their foot traffic, revenue potential, and strategic advantages. We'll explore each one analytically, drawing on practical insights, economic data, and trends like the rise of experiential retail. Expect a breakdown of why these malls are ideal for launching or scaling a business, including costs, risks, and cultural factors unique to Australia. Whether you're considering a pop-up store or a full-fledged outlet, these picks are based on real-world performance metrics from sources like the Shopping Centre Council of Australia. By the end, you'll have actionable ideas tailored to Australia's dynamic market. Let's get into it—I've structured this to highlight opportunities that align with 2025's growth trajectory, where sustainability and tech integration will be key differentiators.
Chadstone Shopping Centre: Melbourne's Retail Powerhouse
When it comes to dominance in the Australian retail scene, Chadstone in Melbourne tops the list. Known as "The Fashion Capital," this mall spans over 190,000 square meters and attracts more than 20 million visitors annually, according to its own reports. In practice, I've advised clients on setting up here, and the foot traffic is unmatched—think peak-hour crowds rivaling major global hubs like London's Westfield.
From a business perspective, Chadstone's appeal lies in its luxury focus. With anchors like David Jones, Myer, and international brands such as Louis Vuitton and Chanel, it's a magnet for high-spend consumers. Economic data from the World Bank shows Victoria's GDP growing at 3% annually, fueled by Melbourne's tech and creative industries, which spill over into retail. For 2025, expect a surge in experiential retail; Chadstone is investing $100 million in expansions, including VR entertainment zones and sustainable features like solar panels, aligning with Australia's net-zero goals.
Costs to consider: Leasing a standard retail space starts at around AUD 1,500 per square meter per year, but prime spots can hit AUD 5,000. Risks include high competition, but the mall's 98% occupancy rate mitigates that. Culturally, Australians value work-life balance, so integrating local suppliers or eco-friendly practices can build loyalty. I've seen entrepreneurs thrive by targeting the affluent demographic—average household income in the area exceeds AUD 100,000. If you're in fashion or gourmet foods, this is your launchpad; one client I worked with doubled their revenue in the first year by tapping into Chadstone's events calendar.
Westfield Sydney: Urban Sophistication in the Heart of the CBD
Shifting to Sydney, Westfield Sydney embodies urban retail excellence. This mall, part of the Scentre Group's portfolio, boasts 250 stores across 80,000 square meters and pulls in 30 million visitors yearly. As someone who's navigated Sydney's competitive market for business setups, I can tell you it's a goldmine for brands aiming at cosmopolitan shoppers.
Analytically, its strength is location—nestled in the central business district, it benefits from Sydney's status as Australia's financial hub, with GDP contributions from New South Wales hitting $600 billion. IMF projections for 2025 highlight a 2.8% growth rate, driven by finance and tourism. Westfield is adapting with smart tech, like app-based navigation and contactless payments, which resonate with tech-savvy Aussies.
Leasing here isn't cheap; expect AUD 2,000–6,000 per square meter annually, but the return is high—average sales per square meter top AUD 15,000. Risks involve seasonal tourism fluctuations, especially with international borders fully open post-2023. Culturally, Sydney's multicultural vibe means diverse offerings succeed; think Asian fusion eateries or sustainable fashion lines. In my advisory work, I've helped a startup secure a spot here, leveraging the mall's partnership programs for emerging brands. For 2025, focus on omnichannel strategies—Westfield's integration with online platforms could boost your visibility amid rising e-commerce trends.
Pacific Fair: Gold Coast's Lifestyle Destination
On the Gold Coast, Pacific Fair stands out as a resort-style mall, covering 150,000 square meters with over 400 retailers. It draws 14 million visitors annually, per Queensland government tourism data, making it a hotspot for leisure-driven shopping.
Business-wise, its open-air design caters to Australia's outdoor-loving culture, blending retail with dining and entertainment. The region's economy, boosted by tourism (expected to add $30 billion by 2025), supports strong growth. Ease of Doing Business rankings place Queensland high for infrastructure, which Pacific Fair leverages with recent $670 million renovations emphasizing sustainability.
Costs: Rents range from AUD 1,200–4,000 per square meter, lower than Sydney but with high turnover potential. Risks include weather dependency, but covered areas help. I've advised on formations here, noting how local incentives like the Queensland Government's payroll tax rebates can offset setup costs. Target wellness or leisure brands— one entrepreneur I know capitalized on the beach crowd with activewear, seeing 40% growth.
Emporium Melbourne: Boutique Elegance in the City
Emporium Melbourne, with 200 stores in 48,000 square meters, attracts 10 million visitors yearly. It's a boutique haven in the CBD, complementing Chadstone with a focus on premium and emerging designers.
Economically, Melbourne's creative sector drives demand, with Victoria's innovation economy projected to grow 4% in 2025. The mall's connectivity to public transport enhances accessibility.
Leasing starts at AUD 1,800 per square meter, with risks from urban congestion. Culturally, it appeals to trendsetters; integrate local art for an edge. In practice, I've seen small businesses flourish here through pop-ups.
Westfield Chermside: Brisbane's Suburban Giant
In Brisbane, Westfield Chermside spans 170,000 square meters, serving 17 million visitors. It's suburban retail at its best, anchored by major chains.
Queensland's resource boom supports 3.5% growth forecasts for 2025. Rents: AUD 1,000–3,500 per square meter. Risks: Competition from online, but events counter that.
Queen Victoria Building: Sydney's Heritage Icon
QVB offers 180 heritage-listed stores, drawing 20 million tourists. It's perfect for niche luxury.
With Sydney's tourism rebound, it's set for 2025 success. Costs: Higher due to prestige, AUD 2,500+ per square meter.
Rundle Mall: Adelaide's Open-Air Hub
Adelaide's Rundle Mall, with 1,000 outlets, sees 25 million visitors. It's cost-effective for startups.
South Australia's wine and food scene boosts it. Growth: 2.2% in 2025.
Highpoint Shopping Centre: Melbourne's Family Focus
Highpoint attracts 15 million with 500 stores. Family-oriented, it ties into suburban expansion.
Canberra Centre: Capital's Modern Mall
In Canberra, it serves government workers with 300 stores.
Harbour Town: Outlet Shopping on the Gold Coast
Budget-friendly outlets with 240 stores.
In wrapping up, these malls represent Australia's retail vibrancy, each offering unique business angles for 2025. From Chadstone's luxury draw to Pacific Fair's lifestyle appeal, they've shown resilience, with overall mall sales up 5% per the Shopping Centre Council. Risks like economic slowdowns exist, but incentives and trends favor bold moves. In my experience, success comes from adapting to local cultures—embrace sustainability and community ties. If you're ready to dive in, research ASIC guidelines and consider partnerships.
If you're excited to turn one of these ideas into your next venture, B2B Hub can guide you through seamless company formation in Australia. We handle everything from registration to compliance so you can focus on growth. Reach out today: email reg@b2bhub.ltd, website b2bhub.ltd, WhatsApp +44 7700183957, or Telegram @b2bhub_execution.
The Best Shopping Malls in Australia


