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Taxi and hire car industry statistics

This page provides statistics for the Victorian taxi and hire car industry, effective 30 October 2016.

Please note that the licence price shown in the table below is the most recent monthly median transfer price recorded for a perpetual taxi licence. It is important to note that historical transfer prices do not represent current or future taxi licence values.

Information on this page

Number of taxi licences (October 2016)

Metropolitan 4,592 (including 447 wheelchair accessible taxis)
Urban 497 (including 80 wheelchair accessible taxis)
Regional 344 (including 73 wheelchair accessible taxis)
Country 162 (including 35 wheelchair accessible taxis)
Total 5,595 (including 635 wheelchair accessible taxis)

Number of drivers (October 2016)*

Active taxi drivers* 15,216
Accredited drivers (taxi, hire car and bus drivers) 49,957

*Active taxi drivers are those who have recorded at least one shift in the last 12 months. 

Taxi and hire car licences (October 2016)*

Median market value (metro taxi - monthly figure) No metro transfers in Oct 2016. (Sep 2016 $150,000)
Median licence transfer value (metro Hire Car) $27,500
Assignments - fee per month (metro taxi median) $1,600
Assignments - number per month (metro taxi) 97
Licence transfers (Metro) 0
Licence transfers (Urban) 3
Licence transfers (Regional) 0
Licence transfers (Country) 0
Licence transfers (metro hire car) 2
Licence transfers (special licence) 2
Licences issued (taxi licences) 3
Licences issued (hire car licences) 0
Licences issued (special vehicles) 0
Licences issued (RH Vehicles) 2

*Median prices (not averages) are used for licence values and assignment fees as of July 2016 onward.

Hire vehicle industry (October 2016)

Metropolitan hire cars 1,139
Country hire cars 64
Special purpose vehicles 975
Restricted hire cars 619

*Note: Urban hire car licences have been re-classified as Metropolitan Hire car licences since July 2014.

Compliance outcomes (October 2016)

Vehicle Inspections 1,323
Rectification Notice 146
Infringement Notice 3
Official Caution (Written warning) 3