This is the latest Rental Market Snapshot as at March 2018. Here we highlight, metropolitan Melbourne and regional Victoria.
According to the The Real Estate Institute of Victoria (REIV) :-
- The proportion of vacant properties in metro Melbourne remained 2.1%, while regional Victoria fell to 1.8% in March 2018.
- The weekly median rent for houses in metropolitan Melbourne remained at $450 a week, while the weekly median rent for houses decreased to $310 a week in regional Victoria
Disclaimer – The REIV is the most authoritative source for information about the Victorian rental market with historical vacancy rates from October 2002. The REIV, on a monthly basis, collect current vacancy rates and rental data from Members and view.com.au leases.
Apr 2018
