Cardinia ShireEconomic profile
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Cardinia Shire

Housing rental

At June 2016, the median weekly rental for houses in Cardinia Shire was $20 lower compared to Victoria.

This indicator shows the weekly rental of houses and units in Cardinia 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: $340 Victoria: $340 Victoria: $340 Victoria: $350 Victoria: $355 Victoria: $370 Victoria: $380 Greater Melbourne: $355 Greater Melbourne: $350 Greater Melbourne: $360 Greater Melbourne: $375 Greater Melbourne: $380 Greater Melbourne: $400 Greater Melbourne: $410 Cardinia Shire: $320 Cardinia Shire: $320 Cardinia Shire: $320 Cardinia Shire: $330 Cardinia Shire: $330 Cardinia Shire: $350 Cardinia Shire: $360
Source: Hometrack 2011-2016, Automated Valuation System
Rental of units
Rental of units Victoria: $325 Victoria: $325 Victoria: $330 Victoria: $335 Victoria: $340 Victoria: $350 Victoria: $370 Greater Melbourne: $340 Greater Melbourne: $340 Greater Melbourne: $340 Greater Melbourne: $350 Greater Melbourne: $350 Greater Melbourne: $365 Greater Melbourne: $385 Cardinia Shire: $270 Cardinia Shire: $265 Cardinia Shire: $280 Cardinia Shire: $278 Cardinia Shire: $280 Cardinia Shire: $285 Cardinia Shire: $290
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)Cardinia ShireGreater MelbourneVictoriaCardinia ShireGreater MelbourneVictoria
2017$360$410$380$290$385$370
2016$350$400$370$285$365$350
2015$330$380$355$280$350$340
2014$330$375$350$278$350$335
2013$320$360$340$280$340$330
2012$320$350$340$265$340$325
2011$320$355$340$270$340$325

Source: Hometrack 2011-2016, Automated Valuation System.

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