Market snapshot
Suburb insights for North Melbourne3051
Change suburbNorth 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 377 Dryburgh St, North Melbourne | 3 |  | House | Private Sale | 27/09/2026 | Nelson Alexander | View |
Sales data
Median sale price
$1.4mil
Quarterly price change
28.3%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | North Melbourne | Metro comparison |
|---|---|---|
| 2 | $1,000,000 | $930,500 |
| 3 | $1,415,000 | $870,000 |
| 4 | $1,945,000 | $990,000 |
| Insight | North Melbourne | Metro comparison |
|---|---|---|
| Clearance rate | 76.2% | 69.4% |
| Days on market | 36 | 45 |
Rental data
Median weekly rent
$780
Rental yield
3.2%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | North Melbourne | Metro comparison |
|---|---|---|
| 2 | $700 | $615 |
| 3 | $950 | $570 |
| 4 | $1,200 | $600 |
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