Australian Property

Melbourne inner-city apartment rents plunge

Leith van Onselen
Tuesday 20 April 2021
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Domain has released new data quantifying the collapse of Melbourne’s inner-city rental market.

According to Domain, rental prices for inner-city apartments have collapsed by up to 29%, as illustrated in the below table:

Melbourne inner-city apartment rents

Inner-city apartment rents have collapsed across Melbourne.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.