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
21/205-207 Flemington Rd, North Melbourne1PriceApartmentPrivate Sale29/10/2025Nelson Alexander
152 Curzon St, North Melbourne2PriceHouseAuction Sale28/11/2025Jellis CraigView
54 Harcourt St, North Melbourne4PriceHouseSold Before Auction26/11/2025Nelson AlexanderView
33/38 Chapman St, North Melbourne3PriceApartmentSold Before Auction25/11/2025Nelson AlexanderView
121 Dryburgh St, North Melbourne4PriceHousePrivate Sale10/11/2025Nelson AlexanderView
15/7 Curran St, North Melbourne2PriceApartmentPrivate Sale5/11/2025WoodardsView
8 Chapman St, North Melbourne2PriceHousePrivate Sale31/10/2025Belle Property Carlton & MelbourneView

Sales data

Median sale price
$1.4mil
Quarterly price change
-2.9%
Metro Melbourne Comparison
$955k
2.7%
BedroomsNorth MelbourneMetro comparison
2$972,000$910,000
3$1,400,000$830,000
4$1,972,500$951,500
InsightNorth MelbourneMetro comparison
Clearance rate76.9%81.4%
Days on market39.536

Rental data

Median weekly rent
$723
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
BedroomsNorth MelbourneMetro comparison
2$650$580
3$795$550
4$980$600
Median data for the current quarter

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