Melbourne has a population of 47,288 people and 52.12% of its occupants live in rental accommodation. The median listing price for houses is $429,000 and this has changed -13.34% over the past year and changed -9.21% over 2 years. The median rent in Melbourne for houses is $500 per week and the median rental yield is 6.06%. The vacancy rate for all properties using 50 litres per day or less was 3.9 per cent, or 60,901, of the 1,579,906 residential properties across 258 Melbourne suburbs in data from providers Yarra Valley Water, City West Water and South East Water. Sydney is, in fact, having some difficultly digesting the large number of apartment completions and the vacancy rate is now at a 15-year high. The Melbourne vacancy rate is close to its long-run average, while Brisbane (where many were concerned about a looming oversupply of apartments just a few years ago) has the lowest vacancy rate of the three eastern capital cities (Figure 8).

3 Jul 2018 Median rent (apartments v houses) and price per room and agents will be seeing some of their lowest vacancy rates in some time, keeping rents Sydney, Melbourne, Brisbane and Hobart house median rents were stable  12 Apr 2018 "When I applied for apartments in Melbourne, I was only competing with "We've had some of the lowest vacancy rates in the residential sector  1 Sep 2011 Vacancy Rate= (number of vacant units per year)/ number of units x 12. In a 20- unit apartment complex, for ex- ample, that is 240 possible  Even with the construction boom of new multifamily properties, demand continues to rise for rental apartments and single-family homes. In the past five years, the 

Even with the construction boom of new multifamily properties, demand continues to rise for rental apartments and single-family homes. In the past five years, the 

The numerator is then divided into the denominator, which provides a vacancy rate percentage. Some have argued that using online real estate listings cannot be done because of advertising of false listings and properties that are only advertised for a fleeting moment as they are taken up immediately. We have addressed those issues. The rental vacancy rate in the ACT for January was one per cent – the second lowest of the major metropolitans. The vacancy rates increased slightly over the year, from 0.9 per cent in January of the previous year. It is estimated there are roughly 500 vacant rental properties across the ACT market, The vacancy rate for all properties using 50 litres per day or less was 3.9 per cent, or 60,901, of the 1,579,906 residential properties across 258 Melbourne suburbs in data from providers Yarra Further SQM data shows Melbourne’s asking rents reflected its lower vacancy rate, rising 1.6 per cent for houses in the last month to $512.30 per week and 1.5 per cent for units to $389.60. Weekly rents for houses are also 7.2 per cent higher than a year ago and units, up 4.3 per cent. Melbourne's vacancy rate climbs to 3% and could continue to grow: SQM Research - 24th October 2011. Real estate report 24/10/11- 24th October 2011. House prices dip across Sydney's city - 23rd October 2011. Melbourne Rental Vacancies jump to 3% in September, SQM says - 22nd October 2011 Renters in regional Victoria are having the hardest time finding a home: the vacancy rate outside of Melbourne dropped to 1.5 per cent, from 2.3 per cent a year ago. Vacancy rates in Melbourne's outer suburbs were also below the state rate, sitting at 1.6 per cent. Melbourne's rental vacancy rates fell in March to 1.5 per cent while Sydney's fell to 1.7 per cent, SQM Research data shows. These were lower than February rates when Melbourne and Sydney were at 1.7 and 1.9 per cent respectively, but while Melbourne's vacancy rate has been on a downward trend,

2 Dec 2019 vacancy rate of 2.2 per cent for Melbourne last month. “With changes to the Residential Tenancy Act coming in next year; landlords remain 

The Melbourne Rent Index (MRI) increased by 0.9 per cent in the December quarter. This annual rate of increase is the below that in the twelve months to  Linc Apartments, Essendon are located less than 15 minutes from Melbourne CBD. Low vacancy rates of 1.7%. Linc Apartments Exterior Essendon.

5 Jul 2019 Rental Vacancy Rates Australia. Capital City, June 2019, May 2019, June 2018, MoM ∆, YoY ∆. Sydney, 3.2%, 3.1%, 2.4%, ↑, ↑. Melbourne 

Melbourne's rental vacancy rates fell in March to 1.5 per cent while Sydney's fell to 1.7 per cent, SQM Research data shows. These were lower than February rates when Melbourne and Sydney were at 1.7 and 1.9 per cent respectively, but while Melbourne's vacancy rate has been on a downward trend,

2 Dec 2019 vacancy rate of 2.2 per cent for Melbourne last month. “With changes to the Residential Tenancy Act coming in next year; landlords remain 

Residential Vacancy Rates. City: Melbourne. Created with Highcharts 7.1.1 Vacancies Vacancy Rate (%) Residential Vacancy Rates Source: SQM Research   5 Jul 2019 Rental Vacancy Rates Australia. Capital City, June 2019, May 2019, June 2018, MoM ∆, YoY ∆. Sydney, 3.2%, 3.1%, 2.4%, ↑, ↑. Melbourne  With historical vacancy rates from October 2002, the REIV collects vacancy rates The weekly median rent for houses in metropolitan Melbourne remained at  14 Nov 2019 “Melbourne's vacancy rate is currently steady at about 2 per cent, but oversupply (particularly apartments) and affordability pressures, which 

Low vacancy rates, reduced demand for residential inner-city apartments and high Since the Global Financial Crisis, the Melbourne CBD has managed to  View the South Melbourne suburb profile with South Melbourne's median unit South Melbourne has seen a compound growth rate of 0.0% for houses and 1.1 % Set up home in a new apartment or a historic Victorian terrace and make the   The Melbourne Rent Index (MRI) increased by 0.9 per cent in the December quarter. This annual rate of increase is the below that in the twelve months to