Average rent in Melbourne CBD - East, VIC — 2026

Rent in Melbourne CBD - East sits near the Victoria median ($363/week at the 2021 Census), with the typical renter paying $375/week. What stands out is the renter share — 69% of households here rent, which is well above the state-wide owner-occupier baseline. The housing mix tells the story: about 0% separate houses and 99% flats, the kind of transitional density you see in suburbs where new builds have layered in over older stock. Population is around 9,848, median age 30, and the most common occupation category is Professionals. 59% of residents were born overseas. The suburb sits 0km from Melbourne, and renter turnover here tends to run higher than in nearby owner-heavy areas at similar price points.