Melbourne Rental Vacancy Rates Edge Up Slightly

Melbourne's rental vacancy rate rose from 2.5% to 2.6% in September 2026, indicating a slight easing in the market. Quality and well-presented properties continue to attract strong demand.

In the western growth corridor, this slight rise in vacancy rates could mean more options for renters and potentially a need for landlords to ensure their properties are well-maintained and competitively priced to attract and retain tenants.