Rental market inEast Melbourne VIC 3002
The rental market
Median rent, history and gross-yield calculations for East Melbourne, VIC 3002.
Current rent
What it costs to rent here right now.
House (median)
$1100/wk
Unit (median)
$690/wk
3 bedroom
$1100/wk
2 bedroom
$690/wk
1 bedroom
$520/wk
Rental data as of September 2025· rental-vic
Investor view
Rental yield versus purchase price.
Median house price
$2,400,000
Median weekly rent
$1100/wk
Gross rental yield
2.38%
Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.
History
How rents have moved.
| Period | House median | Unit median |
|---|---|---|
| 2025-Q3 | $1100/wk | $690/wk |
| 2025-Q2 | $1200/wk | $668/wk |
| 2025-Q1 | $1295/wk | $670/wk |
| 2024-Q4 | $1295/wk | $650/wk |
| 2024-Q3 | $1230/wk | $650/wk |
| 2024-Q2 | $1100/wk | $650/wk |
| 2024-Q1 | $1100/wk | $630/wk |
| 2023-Q4 | $1050/wk | $630/wk |
| 2023-Q3 | $1075/wk | $620/wk |
| 2023-Q2 | $1025/wk | $600/wk |
| 2023-Q1 | $1000/wk | $580/wk |
| 2022-Q4 | $1200/wk | $550/wk |
| 2022-Q3 | $1000/wk | $550/wk |
| 2022-Q2 | $1075/wk | $530/wk |
| 2022-Q1 | $1000/wk | $525/wk |
| 2021-Q4 | $895/wk | $520/wk |
| 2021-Q3 | $940/wk | $510/wk |
| 2021-Q2 | $900/wk | $520/wk |
| 2021-Q1 | $1025/wk | $523/wk |
| 2020-Q4 | $1025/wk | $550/wk |
Active listings
Properties for rent in East Melbourne.
Browse current rental listings.
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