Victorian Premier LOSES IT After Melbourne Rents SURGE to $650/Week

Melbourne's rental market has reached crisis levels with median weekly rent smashing through $650 and inner suburbs like Southbank, Carlton, and Fitzroy seeing rents over $850/week for basic two-bedroom units.

The vacancy rate sits at a catastrophic 1.8%, meaning barely any rental properties are available across the entire city.

This video breaks down the exact rent prices by Melbourne suburb from the CBD and Southbank to Glen Waverley, Footscray, Box Hill, and the outer Casey region.

This is the rental nightmare Melbourne renters are living through in 2025 and it's only getting worse.

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Data Sources: SQM Research, realestate.com.au, Domain, Real Estate Institute of Victoria (REIV), CoreLogic, Australian Bureau of Statistics (ABS), Inside Airbnb, Reserve Bank of Australia (RBA), Victorian Government, Urban Development Institute of Australia (UDIA)

#rentalcrisis #melbourneproperty #australianhousing #housingaffordability

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Disclaimer: We're housing market analysts not licensed real estate agents, financial advisors, or property professionals. All content is based on publicly available data, market research, and analysis, and is shared for educational and informational purposes only. Always consult a qualified professional or financial advisor before making any property, investment, or financial decisions.