Windsor economic profile

Art galleries, vintage stores, quality dining and cuisine, and a buzzing night-time economy led by trendy bars and clubs make Windsor the ultimate place to indulge, discover and explore.

Key economic indicators

  • 7,281 people live nearby.
  • There are 1,227 businesses, with the largest sector being restaurants and cafes (40 per cent).
  • 35 per cent of people are aged 25 to 34, and 24 per cent are aged 35 to 54.
  • 30.3 per cent of residents are high-income earners, with the median weekly household income being $2,098.
  • Residents of Windsor spent $37.08M locally in 2021, with visitors spending $158.2M. 

Read the Place Activation Plan for Windsor or find out more about Windsor in the economic snapshot below.

Economic Snapshot

October 2025 - March 2026 Economic Snapshot(PDF, 597KB)

Windsor economic snapshot summer 2025-26

 

What's happening in this precinct?

Spend in discretionary retail is up by 5.6% or $509K, but this increase is not enough to counterbalance the decreased spend in the tourism and entertainment category. The largest subcategory, restaurants, experienced a 9.5% decrease in spend compared to the same six months of last year, equivalent to a reduction in spend of over $1.8M. Shop vacancies have increased to 15.45%. Street activity is still concentrated strongly in the evenings and on Friday/Saturday nights, but very late night foot traffic has decreased, with visitation tapering off more quickly after midnight than in previous snapshots

The economy

  • Daytime spend – $27.0M
  • Night-time spend – $29.9M
  • Total local spend – $57M (down 8.1% from last year)
  • Total customers – 104K (down 13.4% from last year)
  • Highest spend day – 14 February 2026
  • Highest weekly spend day – Saturdays
  • Spend origin – 26% residents, 74% visitors 
October - March monthly spend
2024-25 2025-26
October $10,346,783 $9,488,000
November $10,051,000 $10,051,000
December $11,491,839 $10,561,000
January $9,565,410 $8,628,000
February $9,033,932 $9,052,000
March $9,945,474 $9,120,000

October 2025 - March 2026 top spend categories

Category

Subcategory

Total spend

Discretionary retail

Department stores, clothing and accessories

$1,069,000

Other discretionary retail

$8,448,000

Food retailing Food retailing $6,157,000 

Tourism and entertainment

Takeaway and fast food outlets

$3,082,000

Restaurants

$17,586,000

Pubs, taverns and bars

$11,293,000

Cafes

$1,331,000

  Attractions, events and recreation $148,000 

Vacancy and occupancy

  • Vacancies now filled – 12 since July 2025
  • Changed tenancies – 5 since July 2025
  • Newly vacant premises – 12 since July 2025

 

January 2026 vacancy rate

Change

Chapel Street

15.45%

Up 1.57%

Street activity

  • Busiest days - Saturdays
  • Busiest times – 7 PM

Visitor demographics

  • Top customer age band – 25-34, 36.2% of visitors
  • Top customer life stage – Young singles and couples, 39.4% of visitors

Top 5 non-Stonnington spend origin locations

St Kilda – Central

$2.4M

St Kilda East

$2.4M

St Kilda – West

$1.7M

Caulfield – North

$1.3M

Elwood

$1.1M

Data sourcing: Pedestrian activity data current as of 8 April 2026. Source: City of Stonnington Pedestrian counters. Spend data current as of 24 April 2026 and is subject to revisions. Sourced from banking transaction data. Vacancy data current as of January 2026. Source: Vacancy Review, prepared by E3 valuations and commissioned by City of Stonnington.

Previous snapshots