Rental report

The Rental Report provides key statistics on the private rental market in Victoria

June quarter 2009

Data from the June quarter 2009 Rental Report confirms that the Melbourne metropolitan rental market is now moving back to a more ‘normal’ state as far as the pressure on rental costs is concerned.  The rate of increase in the Metropolitan Rent Index continues to ease significantly since peaking in mid 2008.

The annual rate of increase of the Metropolitan Rent Index (MRI) for the June quarter (5.7%) is the lowest recorded for the past three years.  This rate of increase in the MRI represents a significant fall from the levels recorded only a year earlier (13.0%) and is more in line with the longer term average annual rate of increase in the MRI for the past nine years (6.0%).

The June quarterly increase in the MRI was 0.6% which is the lowest June quarterly increase recorded over the past nine years. 

 Rental report June Quarter (PDF Size 842KB, Pages 15) | Rental report June Quarter (Word Size 1.34MB, Pages 30)

 Rental Report June 2009 data tables (Excel Size 230KB)

View previous rental reports. 

Rental Report time series data

The following spreadsheets provide detailed time series statistics for some key Rental Report data.  The time series provided is from March quarter 2000 to the current quarter. 

The four time series spreadsheets are:

•  Rental indices for Melbourne, regional Victoria and Statewide (Excel Size 52KB)
•  Moving annual median rents by property type and suburb (Table 9) (Excel Size 595KB)
•  Quarterly median rents by property type and LGA (Table 10) (Excel Size 341KB)
•  Affordable lettings by property type and LGA (Table 11)(Excel Size 1MB)