According to the The Real Estate Institute of Victoria (REIV) :-
- The proportion of vacant properties in metro Melbourne as at March 2019 remained at a recorded rate of 2.2%.
- The proportion of vacant properties in regional Victoria as at March 2019 remained at a recorded rate of 1.2%.
- The weekly median rent for houses in metropolitan Melbourne stayed at $450 per week.
- The weekly median rent for houses in regional Melbourne increased again from $340 per week to $350.
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 2019
