According to the The Real Estate Institute of Victoria (REIV) :-
- The proportion of vacant properties in metro Melbourne was 2.2%
- The proportion of vacant properties in regional Victoria rose to 1.6%.
- The weekly median rent for houses in metropolitan Melbourne was $460 a week
- The weekly median rent for houses in regional Victoria also rose to $350 a week.
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.
July 2019
