Finding a rental property in Melbourne involves a competitive process, particularly as of December 2025, with demand generally exceeding supply. Prospective tenants typically apply for multiple properties before securing a lease.
Currently in Melbourne, rental applications are predominantly submitted online via platforms like realestate.com.au and Domain.com.au, and increasingly through dedicated agency portals. As of December 2025, agents are prioritising complete applications with supporting documentation – including ID, proof of income, and references – to streamline the selection process. In 2026, expect continued emphasis on thorough tenant screening. Open for inspection times are often highly attended, particularly for properties in desirable Eastern Suburbs locations like Balwyn, Blackburn, and Ringwood, where proximity to schools and transport are key. Competition is often fierce, and properties can be leased quickly. Rental prices in Melbourne are currently experiencing moderate growth, with the median dwelling value at $823,495 influencing investor activity and, consequently, rental availability. Agents are increasingly utilising digital tools to manage applications and provide updates to prospective tenants.
Securing a rental in Melbourne in 2026 requires preparation, a complete application, and a proactive approach to viewing properties.