Melbourne unit rental price up, house rentals down: REIV
Property ObserverDecember 7, 2020
Median house rentals in metropolitan Melbourne increased $10 a week to $410 with regional housing rent decreasing 4.9 percent to $290, to December 2015, according to the REIV.
The REIV's rental market snapshot to December 2015 found the level of vacant properties in metropolitan Melbourne at 3.1 percent, staying at 2.3 percent for regional Victoria.
| Vacancy Rate | Median rent (Houses) | |||
| Dec 2015 | Nov 2015 | Dec 2015 | Nov 2015 | |
| METRO | 3.1 | 3.0 | $410 | $400 |
| REGIONAL | 2.3 | 2.3 | $290 | $305 |
