According to the The Real Estate Institute of Victoria (REIV) :-
- The proportion of vacant properties in metro Melbourne as at December 2018 was recorded at 2.2%, increasing from 2.0% in September 2018.
- The proportion of vacant properties in regional Victoria as at December 2018 was recorded at 1.2% decreasing from 1.4% in September 2018.
- The weekly median rent for houses in metropolitan Melbourne dropped from $460 per week to $450.
- The weekly median rent for houses in regional Melbourne increased from $330 per week to $340.
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.
Jan 2019
