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 - December 2019 (trend)

  • The proportion of vacant properties in metro Melbourne remained unchanged at 2.2 per cent, while regional Victoria rose to 1.7 per cent.
  • The weekly median rent for houses in metropolitan Melbourne increased again to $480, while the weekly median rent for houses also rose to $360 in regional Victoria.
  • Read More
  Vacancy Rate Median Rent (Houses)
  December 2019 November 2019 December 2019 November 2019
METRO 2.2 2.2 $480 $475
REGIONAL 1.7 1.6 $360 $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.

Visit Member Resources to view the comprehensive data exclusive to REIV members