Weekly house rent in Melbourne sits at $500: SQM Research

Weekly house rent in Melbourne sits at $500: SQM Research
Staff reporterFebruary 1, 2017

The weekly rent in Melbourne for houses has continued to increase, according to SQM Research’s latest weekly report.

The weekly rent for Melbourne houses currently sits at $500, an increase of 4.9 perent over the last year.

Click to enlarge

The weekly rent for three bedroom houses in Melbourne is around the same while renting a unit costs $379.

A four bedroom house at 16 Mill Park Drive, Mill Park (above) is available for rent for $520 per week.

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