Profile for North Melbourne

3051

North Melbourne is located 2 km north-west of the CBD. Located between Flemington Rd Victoria St and City Link (Western Link) is the small mixed-use suburb of North Melbourne. The north-eastern part of the suburb is predominantly residential while the western part of the suburb is more industrial. North Melbourne also features the North Melbourne Cricket Ground the Victorian Archive Centre and the RMIT School of Design and Printing. The suburb has almost 20% of its population comprised of tertiary students.

Recent Sales & Auction Results in North Melbourne

Address Price Type Method Sale Date Agent
Property List
5/222 Dryburgh St, North melbourne 3 Apartment Passed in at Auction 15/12/2018 Jellis Craig
726 Queensberry St, North melbourne 2 House (Res) Passed in Vendor Bid 15/12/2018 W B Simpson & Son
307/30 Wreckyn St, North melbourne 1 Apartment Auction Sale 15/12/2018 Ray White Taylors Lakes

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$1.03mil

Metro Melbourne

$834k

Quarterly Price Change

-18.4%

Metro Melbourne

0.0%

Median Rent

$650

Metro Melbourne

$450

Rental Yield

2.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 62.5% 46.1%
Days on Market 45 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,040,000 $895,000
3 Bedrooms $1,290,000 $744,750
4 Bedrooms n/a $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $545 $480
3 Bedrooms $750 $420
4 Bedrooms $950 $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$631k

Metro Melbourne

$604k

Quarterly Price Change

13.7%

Metro Melbourne

0.2%

Median Rent

$450

Metro Melbourne

$420

Rental Yield

4.1%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 62.5% 46.1%
Days on Market 45 38
Median price by Bedrooms Suburb Metro
1 Bedroom $380,000 $375,000
2 Bedrooms $620,000 $575,000
3 Bedrooms $1,056,000 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $365
2 Bedrooms $500 $431
3 Bedrooms $770 $520

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