Market snapshot
Suburb insights for Northcote3070
Change suburbMulticultural Northcote is 7 km north-east of Melbourne's CBD. Cafes abound on High Street alongside interesting boutiques restaurants and venues. Northcote hosts arts events and neighbourhood festivals throughout the year and has a strong local music scene. Bikes are very popular in Northcote and the suburb is well serviced by public transport. Northcote is a quick hop and skip from trains trams or buses. Northcote Shopping Centre and High Street are quite easy to access via public transport. Northcote also features a number of areas of open space including All Nations Park the Rubie Thomson Reserve and McDonell Park.
Sales data
Median sale price
$1.6mil
Quarterly price change
-2%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Northcote | Metro comparison |
|---|---|---|
| 2 | $1,272,000 | $888,000 |
| 3 | $1,600,000 | $807,000 |
| 4 | $2,277,500 | $950,000 |
| Insight | Northcote | Metro comparison |
|---|---|---|
| Clearance rate | 78.7% | 72.6% |
| Days on market | 42.5 | 43 |
Rental data
Median weekly rent
$765
Rental yield
2.4%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Northcote | Metro comparison |
|---|---|---|
| 2 | $700 | $575 |
| 3 | $850 | $550 |
| 4 | $1,050 | $600 |
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