Vacancy Rates

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 leases.

The vacancy rate data is classified into broad regions (e.g. "inner suburbs"). To find out which region your suburb of interest is in, click here for a full listing.


The production of vacancy rates would not be possible without the help of REIV members and member agencies. If you manage rental properties and if you are a member or part of a member agency, please click here to contribute to our monthly vacancy rate data collection. In appreciation of your support, we will send you the results directly once the data has been processed, before it is published in the latest monthly research bulletin and made available on this page.


Rental market snapshot - May 2018 (trend)

  • The proportion of vacant properties in metro Melbourne remained at 2.0 per cent, while regional Victoria fell to 1.6 per cent in May 2018.
  • The weekly median rent for houses in metropolitan Melbourne decreased to $440 a week, while the weekly median rent for houses increased to $320 a week in regional Victoria.
  • Read More
  Vacancy Rate Median Rent (Houses)
  May 2018 April 2018 May 2018 April 2018
METRO 2.0 2.0 $440 $450
REGIONAL 1.6 1.7 $320 $315


Premium Rental Data

A breakdown of rental vacancy rates by region is available for purchase by the general public. 

REIV Members can obtain this information for free as a Member Benefit - simply log in with your Member ID to access the latest vacancy rate data.