1. Australia
  2. Victoria
  3. Inner Melbourne

Inner Melbourne

Victoria groups its suburbs into thirteen regions and publishes a median for each, computed over every lease in the region.

As published

At $650 a week, Inner Melbourne is higher than 77% of the 13 VIC regions we hold.

Rents there are up 4.8% over the past year, about the same as the typical VIC region (up 4.8%).

Based on 49,015 new leases, which is a large enough sample to be steady quarter to quarter.

Of the 22 suburbs inside it that we hold, half rent above $650 a week. That is the middle suburb, not the figure above, which the publisher computed over every bond here.

Median weekly rent$650publisher’s figure · the twelve months to September 2025
One year+4.8%the twelve months to September 2025 against a year earlier
Five years+35.4%the twelve months to September 2025 against five years earlier
New leases49,015in the twelve months to September 2025

103 quarters of history

Moving annual median, being the median across every lease signed in the preceding twelve months, which is smoother than a quarterly figure and lags one.

$200$300$400$500$600$700$65020002006201220182024

22 suburbs we hold here

Ranked by the same figure in the same quarter, so they are comparable. Sort by any column, or search the list by name.

Suburb Median weekly rent One year New leases
Port Melbourne$795+13.6%1,077
Carlton North$760+11.8%361
Fitzroy North-Clifton Hill$725+6.6%887
Docklands$700+7.7%2,950
Fitzroy$700+6.1%611
Albert Park-Middle Park-West St Kilda$698+0.7%578
Toorak$688+2.7%630
Southbank$680+4.6%4,349
Richmond-Burnley$675+3.8%2,549
CBD-St Kilda Rd$660+1.5%13,655
Collingwood-Abbotsford$650+4.0%1,646
East Melbourne$650+8.3%431
South Melbourne$650+1.6%1,147
Armadale$625+4.2%635
Carlton-Parkville$620+6.9%2,593
South Yarra$620+3.3%3,079
North Melbourne-West Melbourne$600+1.7%2,933
Elwood$595+2.6%1,183
Prahran-Windsor$590+5.4%1,995
Flemington-Kensington$570+14.0%1,638
St Kilda$560+3.7%2,593
East St Kilda$5500.0%1,495

Where these numbers come from

The latest figures here cover the twelve months to September quarter 2025, which ended 30 September 2025. December quarter 2025 has since closed and no figures for it have appeared here. Either the publisher has not released it or we have not yet retrieved it; we do not guess which, and nothing here is filled in meanwhile.

The rent figures here are published by Department of Families, Fairness and Housing and used under an open licence. Any other figure on this page names its own publisher on the line it appears on. Every rent figure is either as published or arithmetic on figures as published. APRIQ models and estimates nothing: where a figure is a publisher’s own estimate — an estimated resident population is one — it is called an estimate where it is shown. Growth is measured between named quarters, never by counting back rows, because an area is published only when it clears the publisher’s reporting threshold. The figure for Inner Melbourne is the publisher’s own, computed over every bond in the region rather than averaged from the suburbs inside it. Method, sources and licences.