Melbourne rents edge higher: REIV

Melbourne rents edge higher: REIV
Melbourne rents edge higher: REIV

Median house rentals in metropolitan Melbourne , according to the REIV, increased slightly to $420 from $415 a week, while in regional Victoria, the weekly median rent for houses increased to $300 from $290 a week.

The REIV's rental market snapshot to February 2016 found the proportion of vacant properties remained stable over February in metro Melbourne at 3.1 percent and regional Victoria at 2.4 percent. 

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Melbourne rents edge higher: REIV

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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Melbourne Rental market

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