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 - June 2024
The proportion of vacant properties stayed at 2.2 per cent for metro Melbourne and it went back to 2.1 per cent for regional Victoria over the month.
The median weekly rent for houses in both metropolitan Melbourne and regional Victoria remained unchanged over the month at $580 and $470, respectively.