Record crowds at Melbourne’s Grand Prix and comedy festival have boosted foot traffic in the CBD, with pedestrian activity in the heart of the city exceeding pre-pandemic levels by 15% over the weekend.
Melbourne CBD’s office occupancy is still lagging, with average attendance at 30%, according to March data from the Property Council. Wednesdays and Thursdays are the city’s busiest days – with over 70% of pre-pandemic foot traffic. Mondays and Fridays – the most popular days for people to work at home – continue to languish with office occupancy as low as 17%.