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City of Monash

Housing rental

At June 2016, the median weekly rental for houses in the City of Monash was $80 higher compared to Victoria.

This indicator shows the weekly rental of houses and units in the City of Monash 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: $370 Victoria: $355 Victoria: $350 Victoria: $340 Victoria: $340 Victoria: $340 Greater Melbourne: $400 Greater Melbourne: $380 Greater Melbourne: $375 Greater Melbourne: $360 Greater Melbourne: $350 Greater Melbourne: $355 City of Monash: $445 City of Monash: $430 City of Monash: $430 City of Monash: $400 City of Monash: $400 City of Monash: $390
Source: Hometrack 2011-2016, Automated Valuation System
Rental of units
Rental of units Victoria: $350 Victoria: $340 Victoria: $335 Victoria: $330 Victoria: $325 Victoria: $325 Greater Melbourne: $370 Greater Melbourne: $350 Greater Melbourne: $350 Greater Melbourne: $340 Greater Melbourne: $340 Greater Melbourne: $340 City of Monash: $410 City of Monash: $395 City of Monash: $390 City of Monash: $390 City of Monash: $390 City of Monash: $380
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)City of MonashGreater MelbourneVictoriaCity of MonashGreater MelbourneVictoria
2011$390$355$340$380$340$325
2012$400$350$340$390$340$325
2013$400$360$340$390$340$330
2014$430$375$350$390$350$335
2015$430$380$355$395$350$340
2016$445$400$370$410$370$350

Source: Hometrack 2011-2016, Automated Valuation System.

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