Residential Rental


With historical vacancy rates from October 2002, the REIV collects vacancy rates and rental data from Members and leases on a monthly basis.

Market Snapshot - May 2022

  • The proportion of vacant properties went down to 4.7 per cent for metro Melbourne, while it rose to 1.7 per cent for regional Victoria over the month.
  • The weekly median rent for houses in metropolitan Melbourne saw a slight decrease to $490, while it remained at $420 in regional Victoria.
  Vacancy Rate Weekly Median Rent (Houses)
  May 2022 April 2022 May 2022 April 2022
METRO 4.7 5.0 $500 $490
REGIONAL 1.7 1.6 $420 $420


  Available.png   Historical rental data by region is available

Members can access this information on Member Resources, log in to view the latest data.
Not an REIV member? Check out the benefits of REIV Membership or learn more about purchasing the data.



Contribute to our Rental Data collection

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, click here to contribute to our monthly vacancy rate data collection. In appreciation of your support, we will send you the results directly to your inbox once the data has been processed, before it is made available on this page.  


Visit Member Resources to view comprehensive and customizable data exclusive to REIV members.


Interested in understanding the source of our data?