Profile for North Melbourne

3051

Located 2 km north-west of Melbourne's CBD North Melbourne is one of the city's most dynamic and complex areas. Its residences are a mix of established and new housing with commercial industrial retail and community facilities scattered throughout. Shopping strips such as Errol and Victoria streets are popular for their range of cafes restaurants and boutiques. The old North Melbourne Town Hall is the home of Arts House Melbourne’s contemporary centre for performance and interactive artforms. The area also includes the historic Meat Market a hub for creative arts and cultural productions and the North Melbourne Recreation Centre that has aquatic facilities a gym and stadium complex.

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Recent Sales & Auction Results in North Melbourne

Address Price Type Method Sale Date Agent
Property List
75 Leveson St, North melbourne 3 House (Res) Passed in at Auction 20/04/2024 Nelson Alexander
502/30 Wreckyn St, North melbourne 2 Unit Private Sale 20/03/2024 hockingstuart

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.14m

Metro Melbourne

$929k

Quarterly Price Change

2.7%

Metro Melbourne

2%

Median Rent

$700

Metro Melbourne

$550

Rental Yield

3%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $950,000 $920,000
3 Bedrooms $1,390,000 $810,000
4 Bedrooms $1,950,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $630 $550
3 Bedrooms $795 $520
4 Bedrooms $1,100 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$585k

Metro Melbourne

$635k

Quarterly Price Change

-4.1%

Metro Melbourne

0.3%

Median Rent

$525

Metro Melbourne

$520

Rental Yield

4.7%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 63% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
1 Bedroom $355,000 $370,000
2 Bedrooms $635,000 $600,000
3 Bedrooms $1,126,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $450 $450
2 Bedrooms $620 $540
3 Bedrooms $780 $620

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