Current Rental Report
The Rental Report provides key statistics on the private rental market in Victoria.
Rental Report statistics - December quarter 2011
The December quarter 2011 Rental Report shows that, in the fourth quarter of 2011, median rents in metropolitan Melbourne have remained relatively stable for the past four quarters, while regional Victorian rents have increased in the December quarter 2011.
The annual percentage change in the Metropolitan Rent Index (MRI) for the December quarter (2.9%) is well below the level of a year ago (5.0%) and below the long term average of 5.7%.
The annual percentage change in the Regional Rent Index (RRI) for the December quarter (5.0%) is below that of a year ago (6.7%) and is below the long term average (5.7%).
| Median weekly rent | Rent index | Quarter % change | Annual % change | |
| December quarter 2011 | ||||
| Melbourne | $350 | 196.4 | 0.2% | 2.9% |
| Regional Victoria | $260 | 193.0 | 1.4% | 5.0% |
| Victoria | $330 | 193.7 | 0.4% | 3.2% |
Median weekly rent: Based on all new rental lettings each quarter
Rent index: Based on median rents stratified by location and dwelling type to control for compositional shifts in new lettings. June quarter 1999 = 100.
Quarter and Annual % change: Both percentage change figures are calculated from relevant Rent Indices, not medians
The full December quarter 2011 Rental Report can be downloaded using the link below.
Rental Report time series data
The following spreadsheets provide detailed time series statistics for some key Rental Report data from March quarter 2000 to December quarter 2011.
- Affordable Lettings by LGA (xls 541.5 KB)
- Moving Annual Rents by Suburb (xls 791.5 KB)
- Quarterly Median Rents by region and LGA (xls 412.0 KB)
- Rent Indices time Series December 2011 (xls 67.0 KB)
- Rental Report December Quarter data tables (xls 1.5 MB)
