Regional Victoria Property Report
Demand, Supply and Growth Property Report 2025
Request your free copy below
Summary
Strong population growth in Regional Victoria is a growth driver, led by young families seeking more affordable housing options and or lifestyle choice to raise their children in.
Supply of new dwellings continues to decline.
Annual housing approvals continues to drop to long term lows.
Vacancy rates continue to remain at historical lows.
There remains an upward pressure on Rental Yields as a result.
Regional Victoria’s demand versus supply imbalance has ensured price growth in the regions.
Current interest rate cuts and predicted future interest rate cuts will increase demand and further place upward pressure on an already struggling demand.
This in turn should result in Price Growth during 2025 and 2026.
Highlights
- 🏡 Regional Victoria now adds over 20,000 people per year, triple what it did a decade ago, with most growth from families and downsizers
- 💸 Affordability is pushing demand outward, where home ownership and positive cash flow are still achievable
- 📉 Rental stock is shrinking while vacancy rates remain under 3% – the tightest we’ve seen in years
- 📈 Rents are growing ~6% annually, and the gap between Melbourne and regional yields is widening
🧱 With just 5,500 new dwellings approved in 2023, stock is not keeping up with demand
Request our free report below
Victorian Regional Growth Plans
My belief about money and what it has to do with Property Investing