With almost 620,000 Victorian households living in rentals, a new report released today gives valuable insight into the market in Victoria – showing who is renting, where they’re renting, and what kinds of issues they’re facing.

The Minister for Consumer Affairs Melissa Horne has welcomed the Commissioner for Residential Tenancies’ inaugural report, Renting in Victoria: Snapshot 2020.

“I thank the Commissioner for Residential Tenancies for her report and the valuable insights it provides into the rental landscape across Victoria," said Ms Horne.

At a Glance:

• Renting in Victoria: Snapshot 2020 is the inaugural report from the Commissioner for Residential Tenancies
• Almost 620,000 Victorian households live in rentals
• The report brings together a range of data from various sources for the first time in one easy-to-read report.

“Future editions of the report will help us identify and respond to emerging trends, which can help us create stronger outcomes for renters – something we continuously strive for.”

This week, Consumer Affairs Victoria started contacting almost 700,000 tenants via emails and text messages to ensure they are aware of their rental rights and the supports available during the pandemic.

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Source: Renting in Victoria Snapshot 2020

The new rental protections are in place until 28 March 2021.

The Renting in Victoria: Snapshot 2020 brings together a range of data from various sources for the first time in one easy-to-read report.

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Source: Renting in Victoria: Snapshot 2020

“The Renting in Victoria: Snapshot 2020 collates a range of data into one short, straightforward report and will help improve knowledge of renting in Victoria," said Commissioner for Residential Tenancies Heather Holst.

“The report gives a broad picture of key renting issues, experienced by the steadily growing number of people who rent in Victoria as well as a baseline we can use to look at the effects coronavirus may have on this sector moving forward."

It provides insights from the most recent Australian census in 2016, as well as government agencies and renting stakeholders.

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Source: Renting in Victoria: Snapshot 2020

This collation of data will progress and build knowledge of Victoria’s rental sector and may help lead to improved outcomes for Victorian tenants.

The report includes insights spanning the past few years and gives a base to measure the effect of coronavirus on the sector.

Future editions of the report will also allow for year-on-year comparisons of data on the state’s renting landscape.

To view the report click here.     

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