Market snapshot

Suburb insights for North Melbourne3051

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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.

Recent sales and auction results in North Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
1A Stawell St, North melbourne2PriceTownhouseAuction Sale31/05/2025Jellis CraigView
17/201 Abbotsford St, North melbourne3PriceTownhouseAuction Sale30/05/2025Nelson AlexanderView
17 Capel Pl, North melbourne2PriceTownhouseAuction Sale30/05/2025W B Simpson & SonView
162 Capel St, North melbourne2PriceHousePrivate Sale25/05/2025Belle Property Carlton & MelbourneView
24 Leveson St, North melbourne3PriceHousePrivate Sale10/05/2025Kay & BurtonView
C11/77-85 Haines St, North melbourne1PriceUnitPrivate Sale30/04/2025BigginScott

Sales data

Median sale price
$1.2mil
Quarterly price change
1.2%
Metro Melbourne Comparison
$923k
2.7%
BedroomsNorth MelbourneMetro comparison
2$970,000$881,200
3$1,405,000$810,000
4-$942,350
InsightNorth MelbourneMetro comparison
Clearance rate81.3%78.5%
Days on market3942

Rental data

Median weekly rent
$775
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
BedroomsNorth MelbourneMetro comparison
2$660$580
3$850$550
4$1,000$600
Median data for the current quarter
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