Melbourne’s rental market hasn’t generated the dramatic headlines of the sales market this year. But the dynamics beneath the surface matter – supply is tightening, build-to-rent isn’t filling the gap where it’s needed, and a fresh round of legislative changes is on the horizon.
In this episode, Wakelin’s Jordan Telfer joins Jarrod to unpack where Melbourne’s rental market actually sits heading into spring.
- Why median rents are up 5 to 7 per cent but the on-the-ground pressure feels stronger than the data suggests
- How investor exits are gradually draining rental supply with no replacement in sight
- What build-to-rent is actually delivering – and why it won’t ease pressure at the affordable end
- The legislative changes already in effect and what’s coming from March 2027