There’s a version of Melbourne everyone falls in love with.

The morning coffee runs. The trams rattling through the city. The neighbourhoods that somehow make a big city feel like home.

And then there’s another version of Melbourne. The one that comes with a weekly price tag.

Whether it’s a small apartment close to the city or a family house further out, the cost of renting can look very different depending on where you choose to live.

But these differences didn’t appear overnight.

Using Victorian Government rental data from March 2000 to September 2025, this report explores how Melbourne’s rental market has changed, where prices differ most, and how much the type of home matters.

COMING UP

Five interactive charts. Twenty-five years of rental data. One city with very different price tags.


1. How Did Melbourne Get So Expensive?

Melbourne’s rental market has changed considerably over the past 25 years. But did every part of the city experience the same changes?

Our first chart follows typical weekly rental prices across Melbourne’s eight regions, showing how rental trends have evolved over time.

Explore the chart: Hover over the lines to see rental prices in different quarters. Use the legend to focus on particular regions.

THE BIG PICTURE

Melbourne’s rental prices have generally increased over the long term, although the pace of change has varied across regions and periods.

The trend raises another question: even within the same city, how different can weekly rents be?


2. Same City, Different Price Tags

Two people can live in Melbourne and face very different rental costs. One might rent in the inner suburbs, while another chooses a home further from the city centre.

The next chart compares Melbourne’s eight rental regions using the latest available data from September 2025.

Explore the chart: Hover over each point to see the typical weekly rent and number of suburb groups included. Use the dropdown to highlight a region.

THE RENTAL DIVIDE

In September 2025, the highest regional summary was approximately $650 per week, compared with $538 per week in the lowest-priced region.

That’s a difference of around $112 every week, or $5,824 over 52 weeks.

These figures represent the median of suburb-level median rents within each region, not a median calculated directly from every individual lease.

But location is only part of the story. The kind of property someone needs can change the price again.


3. How Much Does an Extra Bedroom Cost?

A small apartment might work for one person. A couple may need more space. A family might be searching for a house with several bedrooms.

To understand how property size shapes rental costs, the next chart compares different property types across Melbourne’s eight regions.

Explore the chart: Hover over the heatmap cells to see the median weekly rent for each property type and region. Compare the colours to identify more and less expensive combinations.

THE SPACE PREMIUM

Rental prices vary not only by location but also by property type. Larger homes can command substantially higher weekly rents, particularly in some inner and established suburban areas.

The heatmap makes one thing clear: deciding where to live is only half the calculation. Deciding what kind of home to rent matters too.


4. What a Difference Six Years Makes

For many renters, the price of a particular suburb may have looked very different from what it does today.

This chart compares September 2019 and September 2025 rental figures for selected suburb groups with the largest absolute increases.

Explore the chart: Hover over the two endpoints to compare weekly rents in 2019 and 2025. Look at the distance between them to see the size of the increase.

SIX YEARS, A VERY DIFFERENT PRICE

For example, the Glen Waverley–Mulgrave suburb group reached approximately $695 per week in September 2025, an increase of around $195 per week compared with September 2019.

That’s approximately a 39% increase over six years.

This chart highlights selected suburb groups with large increases, not a representative sample of every suburb. The comparison describes changes in published rental medians, not changes in rent for the same individual households.

After seeing these differences, one question becomes personal: what happened in a neighbourhood you know?


5. Your Suburb, Your Rental Story

So far, we’ve looked at Melbourne as a whole, compared its regions and explored changes in selected suburbs.

But what if you want to investigate a particular neighbourhood?

Our final chart lets you explore rental trends across suburb groups and property types over time.

Explore the chart: Choose a suburb from the dropdown, compare property types using the coloured lines, hover for exact weekly rents, and adjust the date range using the slider.

EXPLORE YOUR OWN RENTAL STORY

Rental prices do not move in exactly the same way across every suburb or property type. Selecting different neighbourhoods reveals how varied Melbourne’s rental experiences can be.


The Final Question: Can We Afford Melbourne?

Across 25 years, rents have changed at different rates. Across eight regions, the cost of renting varies. And within those regions, the kind of home someone needs can make another substantial difference.

The five charts reveal a city with many different rental experiences, rather than one shared price tag.

But rental prices alone cannot tell us whether a home is affordable.

To answer that fully, we would also need information about household incomes, living expenses and how much of a household’s budget goes towards rent.

What this report shows is that the price of calling Melbourne home depends heavily on when, where and what you rent.


About the Data

This report uses publicly available Victorian Government rental data covering March 2000 to September 2025.

The dataset reports moving annual median weekly rents for new rental agreements, organised by suburb group, property type and quarter.

The analysis focuses on Melbourne’s eight rental regions and seven property categories, including an all-properties summary.

Data was cleaned and transformed using R, and interactive visualisations were developed using Plotly.

Data Decisions and Limitations

  • The reported values are moving annual medians, not rents paid by every existing tenant at a particular moment.
  • Regional comparisons use the median of available suburb-level median rents, not lease-weighted regional medians.
  • Missing or unavailable rental values were excluded from relevant calculations.
  • The six-year comparison focuses on selected suburb groups with large increases and sufficient rental observations.
  • The charts describe rental prices and trends but do not establish causes or measure affordability relative to income.

Reference

Victorian Government. (n.d.). Rental report: Quarterly moving annual rents by suburb [Data set]. DataVic. https://discover.data.vic.gov.au/dataset/rental-report-quarterly-moving-annual-rents-by-suburb


Acknowledgement of AI Use

I acknowledge the use of ChatGPT (OpenAI) to assist with R coding, troubleshooting, and refining written content for clarity, grammar, and readability. I reviewed and tested the visualisations in RStudio and prepared the final report for publication on RPubs.