North Melbourne

North Melbourne with a population of 12,000, is one of the most central suburbs of Melbourne, only 2 km away from the CBD. Formerly a working class hub, North Melbourne has developed into a suburb known for its Victorian architecture and cosmopolitan demographic.

The population in North Melbourne is primarily independent people from all age groups, attracted by the region's cultural life and great location only minutes away from the CBD. Despite it's basically in central Melbourne, the suburb has managed to keep its neighbourhood spirit with lots of cafés, meeting points, and restaurants. North Melbourne has become famous for its great Victorian terrace houses, but recently the attraction of the area has also.

Median Sale Price
$930 k
Based on 93 recorded House sales within the last 12 month

Based on a rolling 12 month period and may differ from calendar year statistics

Suburb Growth
-32.9%
Current Median Price: $930000
Previous Median Price: $1385000

Based on 149 recorded House sales compared over the last two rolling 12 month periods

Sales Statistics (Houses)

Demographics

438 Single Parent Families 16%
139 Other Familes 5%
1343 Couples Without Children 50%
778 Couples With Children 29%

Work

Residents living in North Melbourne have the advantage of being able to walk, bike, commute, or drive to the CBD in minutes. With great work possibilities, all over Melbourne in general, and in the CBD in particular, there is no shortage of opportunities for the residents living here.

Household Income - Weekly

Employment

Method of Travel to Work (2016)

  • Train
    279(4)%
  • Bus
    84(1)%
  • ferry
    0(0)%
  • Tram( other light rail) ()%
  • Car
    ()%
  • Moterbike/Truck
    ()%
  • Bicycle
    401(6)%
  • Walked Only
    ()%
  • Other 49(1)%

Properties For Rent

1/2 SCOTIA STREET

$610.00 $610

304m2

  • 2
  • 1
  • 1

46 PROVOST STREET

$895.00 $895

92m2

  • 3
  • 2
  • 2

646 SPENCER STREET

$675.00 $675

0m2

  • 3
  • 2
  • 0

198 DRYBURGH STREET

$465 pw

252m2

  • 1
  • 1

38/101 LEVESON STREET

$530

0m2

  • 2
  • 2
  • 1

212/108 HAINES STREET

$450.00

0m2

  • 1
  • 1
  • 1

13/43 HAINES STREET

$375 pw

1602m2

  • 2
  • 1
  • 1

383 DRYBURGH STREET

$550 pw

205m2

  • 2
  • 1

206/97 FLEMINGTON ROAD

$445 per week

789m2

  • 1
  • 1
  • 1

07/5 COURTNEY STREET

$520 per week

3553m2

  • 1
  • 1
  • 1

Median Weekly Rents

House

Suburb Sale Price Growth
-32.9%
Current Median Price: $930,000 Previous Median Price: $1,385,000

Based on 149 recorded House sales compared over the last two rolling month periods

Suburb Rental Yield
3.2%
Current Median Price: $930,000 Current Median Rent: $570

Based on 207 recorded House sales compared over the last two rolling 12 month periods

Unit

Suburb Sale Price Growth
-6.9%
Current Median Price: $482,250 Previous Median Price: $518,000

Based on 427 recorded House sales compared over the last two rolling 12 month periods

Suburb Rental Yield
4.3%
Current Median Price: $482,250 Current Median Rent: $400

Based on 904 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Properties

95 OSHANASSY STREET

*$345,000

1552m2

  • 1
  • 1
  • 1

120 CURZON STREET

*$1,655,000

278m2

  • 3
  • 2
  • 2

119/350 VICTORIA STREET

*$640,000

2043m2

  • 2
  • 1
  • 2

1/37 HAINES STREET

*$481,000

1602m2

  • 2
  • 1
  • 2

38 ALFRED STREET

*$1,280,000

337m2

  • 4
  • 2
  • 3

18 CURRAN STREET

*$1,830,000

180m2

  • 3
  • 2
  • 2

304/150 PEEL STREET

*$852,000

2035m2

  • 2
  • 2
  • 2

510/188 PEEL STREET

*$173,000

695m2

  • 1
  • 1

601/9 HIGH STREET

$168,000

657m2

  • 1

1/1 ARDEN STREET

*$808,500

894m2

  • 3
  • 2
  • 4