Roxburgh Park Renters Face Tough Choices as Leases End, Supply Tightens

More than 180 leases across Roxburgh Park expire between now and 31 July, according to records compiled by agents at the Roxburgh Park Real Estate Group, leaving tenants with limited choices in a market where available rentals sit at just 1.4 percent vacancy.

The squeeze follows months of low turnover on streets such as Somerton Road and near the Roxburgh Park Railway Station, where new listings have dropped by roughly one third compared with the same period last year. Families and singles who once expected quick replacements now face weeks of applications and higher asking rents.

Local support points emerge

Staff at the Roxburgh Park Community Centre on Pascoe Vale Road report a sharp increase in drop-in visits from renters seeking advice on bond extensions and relocation grants. A few blocks away, the Roxburgh Park Library has added a weekly information desk staffed by housing workers who walk residents through online listing tools and shared-housing registers. Both sites opened extra evening sessions last week to handle the volume.

Median weekly rent for a two-bedroom unit reached $475 in the June quarter, up $55 from twelve months earlier, based on figures released by the same agent group. Three-bedroom houses on streets such as Roxburgh Drive now list at $550 to $580, with most receiving multiple applications within days of advertising.

Practical steps for July expiries

Renters whose notices have already arrived can start by contacting current landlords about short-term extensions while they line up viewings. Several households have pooled resources to split larger properties on Aitken Boulevard, cutting individual costs by up to 30 percent. Others have begun pre-approval talks with local lenders to test whether monthly mortgage payments would beat current rents on comparable homes listed near the Roxburgh Park Shopping Centre.

Those without immediate purchase plans are advised to register with the centre’s housing noticeboard and attend the next library session on 15 July, where updated vacancy maps and application templates will be handed out. Early action remains the clearest route to securing stable accommodation before the next wave of expiries hits in August.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.