Profile for North Melbourne

3051

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.

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Recent Sales & Auction Results in North Melbourne

Address Price Type Method Sale Date Agent
Property List
E11/140 Arden St, North melbourne 2 Unit Auction Sale 13/08/2022 Nelson Alexander
10/199-205 Flemington Rd, North melbourne 2 Apartment Private Sale 03/08/2022 Little Real Estate

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$1.4m

Metro Melbourne

$1.08m

Quarterly Price Change

4.4%

Metro Melbourne

-2.9%

Median Rent

$650

Metro Melbourne

$490

Rental Yield

2.4%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 70.7%
Days on Market 43 34
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,055,000 $1,075,000
3 Bedrooms $1,465,000 $947,000
4 Bedrooms $2,390,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $530 $500
3 Bedrooms $710 $460
4 Bedrooms $900 $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$667k

Metro Melbourne

$671k

Quarterly Price Change

43.3%

Metro Melbourne

-1.3%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

3.4%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 70.7%
Days on Market 43 34
Median price by Bedrooms Suburb Metro
1 Bedroom $394,500 $390,000
2 Bedrooms $636,000 $630,000
3 Bedrooms $1,125,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $340
2 Bedrooms $450 $425
3 Bedrooms $700 $540

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