Suburb

Market snapshot

Suburb insights for North Melbourne3051

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North Melbourne, approximately 3 km northwest of Melbourne's CBD, is a culturally rich suburb, renowned for its Victorian terraces, bustling cafes on Errol and Latrobe Streets, and a growing arts and community scene. It balances inner-urban density with green spaces, schools, public transport and proximity to hospitals and universities. The suburb appeals to students, young families, professionals, and creatives who seek diversity, amenity, and city-edge living.

Recent sales and auction results in North Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
17 Chapman St, North Melbourne4PriceHouseAuction Sale27/02/2026Belle Property Carlton & MelbourneView
367 Dryburgh St, North Melbourne4PriceHouseAuction Sale27/02/2026Nelson AlexanderView
17/61 Haines St, North Melbourne3PriceApartmentAuction Sale27/02/2026Nelson AlexanderView
28A Mark St, North Melbourne3PriceTownhousePrivate Sale15/02/2026Jellis CraigView
104/5-13 Stawell St, North Melbourne1PriceApartmentPrivate Sale9/02/2026Barry PlantView
63 Erskine St, North Melbourne3PriceHousePrivate Sale3/02/2026Nelson AlexanderView
5 Purcell St, North Melbourne2PriceHouseAuction Sale27/02/2026Lucas Mills Real EstateView
23/61 Haines St, North Melbourne2PriceApartmentSold Before Auction9/02/2026Jellis CraigView

Sales data

Median sale price
$1.5mil
Quarterly price change
10.3%
Metro Melbourne Comparison
$974k
1.8%
BedroomsNorth MelbourneMetro comparison
2$1,001,500$940,000
3$1,392,500$851,000
4$1,895,000$970,000
InsightNorth MelbourneMetro comparison
Clearance rate62.5%77.8%
Days on market38.536

Rental data

Median weekly rent
$710
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.2%
BedroomsNorth MelbourneMetro comparison
2$650$585
3$780$550
4$980$600
Median data for the current quarter
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