The Melbourne suburbs where rents have risen the most (australia) — SMH
SMH ·australia ·2 hours ago

The Melbourne suburbs where rents have risen the most

Melbourne's rental market has seen significant increases, with house rents reaching a median of $600 per week. In Middle Park, rents surged 24.7 percent over the past year, while Upwey saw a 12.3 percent rise, driven by tight supply and high demand. The shift towards purchasing among renters highlights the competitive landscape exacerbated by limited housing options.

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Published 10 Jul 2026, 19:00 UTC · Updated 10 Jul 2026, 19:20 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections