Current Rental Report
The Rental Report provides key statistics on the private rental market in Victoria.
Rental Report statistics - September quarter 2012
The September quarter 2012 Rental Report shows that, in the third quarter of 2012, median rents in metropolitan Melbourne have remained stable since December 2010, while regional Victorian rents remain the same since December 2011. The median weekly rent for Victoria as a whole remains the same at $330.
The annual percentage change in the Metropolitan Rent Index (MRI) for the September quarter (0.2%) is below the level of a year ago (4.2%) and well below the long term average of 5.5%.
The annual percentage change in the Regional Rent Index (RRI) for the September quarter (1.9%) is below that of a year ago (6.0%) and is below the long term average (5.4%).
| Median weekly rent | Rent index | Quarter % change | Annual % change | |
| September quarter 2012 | ||||
| Melbourne | $350 | 196.4 | -1.0% | 0.2% |
| Regional Victoria | $260 | 193.9 | -0.1% | 1.9% |
| Victoria | $330 | 193.8 | -0.9% | 0.5% |
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 latest full 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 September quarter 2012.
- Affordable lettings by LGA - September 2012 (xls 557.0 KB)
- Moving annual rents by suburb - September 2012 (xls 820.5 KB)
- Quarterly median rents by LGA - September 2012 (xls 495.0 KB)
- Rental report data tables - September 2012 (xls 1.8 MB)
