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AAP
AAP
Politics
Cassandra Morgan

Vic rents increase as 'crisis' deepens

Rental vacancy rates are down to 3.6 per cent in Melbourne and 2.1 per cent in regional Victoria. (Glenn Hunt/AAP PHOTOS) (AAP)

Victorian rental prices have jumped significantly in the past year, prompting calls for political parties to commit to building 6000 social housing properties a year.

Median rental prices in Melbourne have increased by 7.7 per cent to $430 a week, while those in regional Victoria have jumped 8.9 per cent to $395 a week, according to government data.

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