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Melbourne Unit Rents Surge, Match House Rates for First Time

1/14/2026

50 4 Full Breakdown

Summary

Story summary

In Melbourne, the median weekly rent for units rose to $580, up $30 from last year.
Unit rents in Melbourne have matched house rents for the first time since 2012.
Median house rents in Melbourne declined by $10.
In Brisbane, median house rents rose to $670 per week and unit rents rose to $650.
The market's tight supply leaves only two Greater Brisbane suburbs with median unit rents at $400.

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Story summary

In Melbourne, the median weekly rent for units rose to $580, up $30 from last year.
Unit rents in Melbourne have matched house rents for the first time since 2012.
Median house rents in Melbourne declined by $10.
In Brisbane, median house rents rose to $670 per week and unit rents rose to $650.
The market's tight supply leaves only two Greater Brisbane suburbs with median unit rents at $400.