‘Their minds were blown’: Melbourne suburbs where rents rose most
Melbourne's rental market continues to face record-high costs, with suburbs like Glen Iris seeing significant double-digit percentage increases in median weekly rents. The report highlights the struggle for both locals and new arrivals to find affordable housing in prestigious areas.
Why it matters
Rising rental costs are a major economic concern affecting cost-of-living standards and housing accessibility in major urban centers.
Property News Victoria residential property ‘Their minds were blown’: Melbourne suburbs where rents rose most Wes Mountain October 10, 2026 — 5:00am
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Share A A A Catherine Pitre and her husband moved to Melbourne from Canada in July, and started researching rentals well in advance. They inspected their Glen Iris home the afternoon they landed.
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