Rental Report statistics - June quarter 2025
According to the Homes Victoria Rental Report - June Quarter 2025, median weekly rent decreased over the quarter in metropolitan Melbourne (by $10, to $570 per week), but increased in regional Victoria (by $10, to $470 per week).
The Metropolitan Rent Index (MRI) fell 0.4 per cent over the June quarter 2025. This is the first quarterly decrease to the MRI since June 2021. Over the past year the MRI rose 2.5 per cent, well below both the annual increase to the June quarter 2024 (10.9%), and the long-term average annual increase over the past 10 years (4.2%).
The Regional Rent Index (RRI) rose 0.2 per cent over the June quarter 2025. This is the smallest quarterly increase to the RRI in 5 years. Over the past year the RRI rose 5.0 per cent. This is below the annual increase to the June quarter of last year (6.0%) and marginally below the long‑term average increase over the past 10 years (5.1%).
Rental trends - June quarter 2025
| Median Rent (per week) | Rent Index | Quarterly Change* | Annual Change* | |
|---|---|---|---|---|
| Melbourne | $570 | 312.5 | -0.4% | 2.5% |
| Regional Victoria | $470 | 338.7 | 0.2% | 5.0% |
| Victoria | $550 | 312.2 | -0.3% | 2.8% |
Notes
- Median weekly rent is based on all new rental lettings for the quarter.
- The Rent index is based on median rents stratified by location and dwelling type to control for compositional shifts in new lettings. June quarter 1999 = 100.
- Quarterly and Annual percentage change is calculated from the relevant Rent Indices, not median weekly rents
Homes Victoria Rental Report - June quarter 2025 (Word)
Rental Report time series data
The following spreadsheets provide selected charts and tables from the report and detailed time series statistics for some key Rental Report time series data from June quarter 2000 to June quarter 2025.
Affordable lettings by Local Government Area - June quarter 2025 (Excel)
Moving annual rent by suburb - June quarter 2025 (Excel)
Quarterly median rents by Local Government Area - June quarter 2025 (Excel)
Tables from Rental Report - June quarter 2025 (Excel)
More information
Email Social Housing Reform unit: shr@homes.vic.gov.au
See the Past rental reports page for Rental Reports from 2007 onwards.