Shire of NillumbikEconomic profile
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Nillumbik Shire

Housing rental

At June 2016, the median weekly rental for houses in Nillumbik Shire was $70 higher compared to Victoria.

This indicator shows the weekly rental of houses and units in Nillumbik Shire 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 Nillumbik Shire: $480 Nillumbik Shire: $450 Nillumbik Shire: $438 Nillumbik Shire: $420 Nillumbik Shire: $410 Nillumbik Shire: $430 Nillumbik Shire: $410
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 Nillumbik Shire: $420 Nillumbik Shire: $390 Nillumbik Shire: $405 Nillumbik Shire: $390 Nillumbik Shire: $350 Nillumbik Shire: $340 Nillumbik Shire: $365
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)Nillumbik ShireGreater MelbourneVictoriaNillumbik ShireGreater MelbourneVictoria
2011$410$355$340$365$340$325
2012$430$350$340$340$340$325
2013$410$360$340$350$340$330
2014$420$375$350$390$350$335
2015$438$380$355$405$350$340
2016$450$400$370$390$365$350
2017$480$410$380$420$385$370

Source: Hometrack 2011-2016, Automated Valuation System.

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