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AAP
AAP
Politics
Cassandra Morgan

EXPLAINED: Vic rents increase as crisis deepens | Rare Historical Photos

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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