CBD occupancy rates rise again as spending increases

Mayor and Council staff walking along Keen Street

Further to the details provided above, Lismore CBD occupancy rates continue to edge closer to pre-February 2022 levels, according to the latest CBD Audit.  

The Lismore CBD Audit covers central portions of Keen, Molesworth, Woodlark, Conway, Magellan and Carrington Streets. Below are the street-by-street occupation rates at December 2023, compared with June 2023:

  • Keen Street occupancy rate – 81.1% (up from 74.5%)
  • Molesworth Street occupancy rate – 74% (up from 73.6)
  • Conway Street occupancy rate – 72.1% (up from 69.2%)
  • Carrington Street occupancy rate – 73.1% (up from 69.3%)
  • Magellan Street occupancy rate – 76.3% (up from 62.7%)
  • Woodlark Street occupancy rate – 60.7% (up from 60.2%)

This is the fourth Lismore CBD Audit following the 2022 natural disaster, with previous audits undertaken in June and January 2023 and August 2022, and February 2022 (immediately prior to the February disaster). The same area of the Lismore CBD has been audited by Council staff each year since 2017.

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