City of BoroondaraEconomic profile
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City of Boroondara

Housing rental

At June 2016, the median weekly rental for houses in the City of Boroondara was $300 higher compared to Victoria.

This indicator shows the weekly rental of houses and units in the City of Boroondara and wider region during the period 2011-2016. Housing weekly rentals are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Rental of houses
Rental of houses Victoria: $380 Victoria: $370 Victoria: $355 Victoria: $350 Victoria: $340 Victoria: $340 Victoria: $340 Greater Melbourne: $410 Greater Melbourne: $400 Greater Melbourne: $380 Greater Melbourne: $375 Greater Melbourne: $360 Greater Melbourne: $350 Greater Melbourne: $355 City of Boroondara: $700 City of Boroondara: $650 City of Boroondara: $638 City of Boroondara: $650 City of Boroondara: $600 City of Boroondara: $595 City of Boroondara: $595
Source: Hometrack 2011-2016, Automated Valuation System
Rental of units
Rental of units Victoria: $370 Victoria: $350 Victoria: $340 Victoria: $335 Victoria: $330 Victoria: $325 Victoria: $325 Greater Melbourne: $385 Greater Melbourne: $365 Greater Melbourne: $350 Greater Melbourne: $350 Greater Melbourne: $340 Greater Melbourne: $340 Greater Melbourne: $340 City of Boroondara: $420 City of Boroondara: $400 City of Boroondara: $395 City of Boroondara: $395 City of Boroondara: $390 City of Boroondara: $390 City of Boroondara: $385
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)City of BoroondaraGreater MelbourneVictoriaCity of BoroondaraGreater MelbourneVictoria
2011$595$355$340$385$340$325
2012$595$350$340$390$340$325
2013$600$360$340$390$340$330
2014$650$375$350$395$350$335
2015$638$380$355$395$350$340
2016$650$400$370$400$365$350
2017$700$410$380$420$385$370

Source: Hometrack 2011-2016, Automated Valuation System.

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