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
G01/4 Atkin St, North melbourne 2 Apartment Passed in Vendor Bid 12/10/2019 alexkarbon
65 Chetwynd St, North melbourne 3 House (Res) Passed in at Auction 12/10/2019 Jellis Craig
5 Raglan St, North melbourne 3 Townhouse (Res) Passed in Vendor Bid 13/10/2019 J & D Real Estate

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$1.15mil

Metro Melbourne

$785k

Quarterly Price Change

-10.3%

Metro Melbourne

-1.1%

Median Rent

$650

Metro Melbourne

$450

Rental Yield

2.9%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 76.7%
Days on Market 55.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms $917,500 $845,000
3 Bedrooms $1,175,000 $720,000
4 Bedrooms n/a $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $560 $500
3 Bedrooms $725 $430
4 Bedrooms $995 $480

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$525k

Metro Melbourne

$590k

Quarterly Price Change

5%

Metro Melbourne

0.6%

Median Rent

$470

Metro Melbourne

$430

Rental Yield

4.3%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 76.7%
Days on Market 55.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom $365,000 $364,500
2 Bedrooms $622,000 $560,000
3 Bedrooms $1,003,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $410 $370
2 Bedrooms $500 $445
3 Bedrooms $750 $530

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