With historical vacancy rates from October 2002, the REIV collects vacancy rates and rental data from Members and realestateview.com.au leases on a monthly basis.
Market Snapshot - September 2024
The proportion of vacant properties went up to 2.4 per cent for metro Melbourne and it went down to 2.0 per cent for regional Victoria over the month.
The median weekly rent for houses in both metropolitan Melbourne and regional Victoria rose to $590 and $480, respectively.