Recent CoreLogic Data shows the most significant changes to Rental Markets across Australia over the past financial year.
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Melbourne Vacancy Rate: 3.9%Melbourne Vacancy Rate (0-10km from CBD): 6.8%Rent Exchange Vacancy Rate: 2.3%Median Rental House (VIC Metro): $495Median Rental House (VM) Month on Month Growth: +4.2%Median Rental Unit (Vic Metro): $425Median Rental Unit (VM) Month on Month Growth: 3.5%Top 10 Victorian Property Management AgencyRated #1 Kew - Property Management Team 2019, 2020, 2021Median Rental Boroondara (House): $660Median Rental Boroondara (Unit): $450