According to the The Real Estate Institute of Victoria (REIV) :-
- The proportion of vacant properties in metro Melbourne remained unchanged at 2.2%.
- The proportion of vacant properties in regional Victoria rose to 1.7%.
- The weekly median rent for houses in metropolitan Melbourne increased by $20 per week from $460 in September 2019 to $480.
- The weekly median rent for houses in regional Victoria also rose $10 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.
Jan 2020
