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.

Rental market snapshot - August 2019 (trend)

  • The proportion of vacant properties in metro Melbourne fell to 2.1 per cent, while regional Victoria rose again to 1.5 per cent.
  • The weekly median rent for houses in metropolitan Melbourne remained at $450 a week, while the weekly median rent for houses fell to $340 a week in regional Victoria.
  • Read More
  Vacancy Rate Median Rent (Houses)
  August 2019 July 2019 August 2019 July 2019
METRO 2.1 2.2 $450 $450
REGIONAL 1.5 1.4 $340 $350


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.

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.