Skip to content
Australia
VIC · 2,835 suburbs · capital: MEL

VIC

Property data for VIC. Rent signals, largest suburbs, lower-price entries, the macro coverage picture, and a desk for ranking, comparing, and modelling without leaving the state.

VIC sits inside the Australian section of QuickProperty, but its data does not behave uniformly. Price and rent coverage are stronger in metro markets, thinner in regional ones, and the state's median is only ever as honest as that coverage. This bulletin opens with the suburbs that anchor most decisions — the largest by population and the most affordable with real scale — before handing off to the full state browse view below.

Treat the medians as starting reads. Treat the suburb pages as where the work actually happens. Treat compare and the calculator as the stages where the shortlist gets stress-tested before listings.

State of the bulletin

Five readings from VIC.

Suburbs indexed
2,835
Browsable from this bulletin.
Population indexed
6.5M
Across VIC suburbs.
Median house
$725K
738 suburbs with price data.
D4 vs AU
Median rent /wk
$260
2,374 suburbs with rent data.
D5 vs AU
Median income
$749
Personal income, ABS Census base.
D6 vs AU
National positioning

Where VIC sits among the states.

Median houseVIC · 6th of 8
SA$1.10M
ACT$1.02M
NSW$975K
QLD$866K
WA$795K
VIC$725K
TAS$605K
NT$590K
Median rentVIC · 5th of 8
ACT$447/wk
NSW$325/wk
QLD$280/wk
WA$271/wk
VIC$260/wk
SA$250/wk
TAS$250/wk
NT$202/wk
Gross yieldVIC · 3rd of 8
NT3.0%
TAS2.6%
VIC2.5%
QLD2.3%
ACT2.3%
WA2.1%
NSW1.9%
SA1.6%

Median house price, median weekly rent, and median gross yield across QuickProperty's eight state datasets. Coverage differs by state, so treat these as screening positions, not valuations.

Investor profile

Investor profile · VIC

Owner-occupied 71%Rented 29%
Investor activityATO
Negatively geared56.182725352198105%
324,185 of 577,019 landlords
Avg rental loss$9,973/yr
Landlords (rental income)577,019
Reported capital gains389,538
The read

Negatively-geared growth belt

68% of homes here are owner-occupied and 28% rented, with 56% of landlords negatively geared.

What to check

56% of local landlords are negatively geared — investors here are betting on capital growth over rental income.

ABS Census 2021 tenure aggregated across the state's suburbs and ATO postcode rental statistics summed to state level. No state-level new-lending split is published; see the national page for lending flows.

State rent signals

VIC rent pressure, stress, and investor screens.

Areas
361
Median rent
$560/wk
Latest period
Sep 2025
Confidence
279 strong · 0 usable

MEL price trend

Median house · Melbourne
$850K
+1.8% YoY · -4.7% QoQ
Median unit · Melbourne
$615K
-2.1% YoY · -8.2% QoQ

MEL rent trend

Median weekly rent · Melbourne
$670
+4.7% YoY · +3.1% QoQ
Median house weekly · Melbourne
$900
+5.9% YoY · +2.3% QoQ
Median unit weekly · Melbourne
$730
+4.3% YoY · +1.4% QoQ
Source: Homes Victoria rental report · Latest: Sep 2025
Population projection

VIC projected to grow 18.7% by 2032.

ABS SA2-level projections rolled up to VIC, sum of 518 SA2 areas (male + female across all age brackets, base year 2022).

Base · 2022
6,625,964

Projected total population, VIC

+5y · 2027
7,281,698

+9.9% vs base

+10y · 2032
7,863,852

+18.7% vs base

Projected trajectory
2022–2032
Wholesale energy

VIC NEM spot price tracks at $65/MWh, down 17% on a year ago.

AEMO 5-minute price + demand data for VIC1, rolled to monthly averages over the last 13 months. Wholesale price is one of the larger inputs to retail electricity, ahead of network and retail margins.

Avg RRP · 2026-05
$65/MWh

-17.0% YoY

95th-pctile RRP
$154/MWh

Trades on the top 5% expensive intervals — the spike signal.

Peak demand
7,771 MW

Highest 5-min total demand in the month.

Solar adoption

VIC postcodes leading on rooftop solar.

Top postcodes ranked by Clean Energy Regulator small-scale installs per 1,000 residents. VIC cumulative: 883,563 installs across 711 postcodes, 5.84GW capacity, 58,919 added in the last 12 months.

See all VIC solar rankings → · Battery adoption →

Suburb directory

Every VIC suburb, A to Z.

2,835 VIC suburbs indexed. Jump to a letter, then open a suburb for prices, rent, schools, demographics, and investment signals.

A 90 suburbs
B 331 suburbs
C 250 suburbs
D 119 suburbs
E 76 suburbs
F 58 suburbs
G 154 suburbs
H 100 suburbs
I 24 suburbs
J 30 suburbs
K 134 suburbs
L 138 suburbs
M 297 suburbs
N 128 suburbs
O 27 suburbs
P 105 suburbs
Q 5 suburbs
R 83 suburbs
S 187 suburbs
T 181 suburbs
U 14 suburbs
V 17 suburbs
W 232 suburbs
Y 54 suburbs
Z 1 suburb
FAQ

Four questions about VIC.

  1. How many VIC suburbs does QuickProperty cover?

    QuickProperty indexes 2,835 VIC suburb pages, with 738 suburbs carrying house price coverage and 2,374 suburbs carrying rent coverage in the current processed dataset.

  2. What is the median house price in VIC?

    Across VIC suburbs with available house price data, the median house price shown on this hub is $725K. Treat it as a suburb-screening benchmark, not a property valuation.

  3. What is the median weekly rent in VIC?

    Across VIC suburbs with available rent data, the median weekly rent shown on this hub is $260/wk. Individual suburb pages may differ materially from the state-level benchmark.

  4. What should I do after browsing the VIC hub?

    Start with the VIC rent signal cards when rent pressure matters, open a large suburb for context, use rankings if the state still feels too broad, or move two to three candidates into compare once you have a realistic shortlist.