Real Estate & Finance

Property Report & Market Data In North Melbourne

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

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Average Market Value In North Melbourne

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North Melbourne's property market has shown moderate growth over the past year, with continued high demand from both owner-occupiers and investors. Unit prices remain relatively more affordable compared to houses, making them attractive to young professionals and students.

1255000

Median House Price

2.1 %

House Price Growth

507500

Median Unit Price

3.2 %

Unit Price Growth

Sales Trends In North Melbourne

Stay ahead of the fast-moving sales trends around North Melbourne

The North Melbourne market remains active with properties averaging low days on market. Units consistently transact faster than houses due to affordability and demand.

45

Total Houses Sold

145

Total Units Sold

35

Days On Market (Houses)

3.9

Vendor Discount

Local Population Movement In North Melbourne

Learn who is moving in and out of North Melbourne! Is it on the rise or decline?

North Melbourne has seen steady population growth driven by an influx of young professionals, students, and international residents, attracted by proximity to universities and the CBD.

15890

Population Size In North Melbourne

3.5

Population Growth In North Melbourne

25-34

Dominant Age Group InNorth Melbourne

Group households and couples without children

Household Types In North Melbourne

Market Decline or Growth Indicators For North Melbourne

Learn who is moving in and out of North Melbourne! Is it on the rise or decline?

The property market in North Melbourne is showing signs of mild growth, with low inventory levels and stable sales activity indicating continued buyer interest.

2.8

Annual Price Growth In North Melbourne

190

Sales Activity Rate In North Melbourne

2.2

Average Stock Inventory Time InNorth Melbourne

Rental Yields and Demand In North Melbourne

Find out if this is a good investment opportunity buying real estate in and around North Melbourne

Units in North Melbourne offer higher rental yields compared to houses, buoyed by demand from students and young professionals. Vacancy rates are low, supporting upward pressure on rents.

45

Total Houses Sold

145

Total Units Sold

35

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

Affordability and Finance Options For North Melbourne

Home Loans: Financing Your Dream Home In North Melbourne. Get Pre-Approved Today.

45

Total Houses Sold

145

Total Units Sold

35

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

Lifestyle and Amenities In and Around North Melbourne

North Melbourne Lifestyle: Why Live Here

North Melbourne offers a vibrant urban lifestyle, featuring a mix of heritage streetscapes, modern apartments, boutique shops, cafes, and renowned restaurants. It is well-served by public transport, close to research and hospital precincts, and boasts several parks and community facilities, making it popular with professionals and students.

8

Parks Count

1

Suburb Area

3

Distance To CBD

Property Type Breakdown North Melbourne

North Melbourne Properties: Houses vs. Units

45

Total Houses Sold

145

Total Units Sold

35

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.9

Vendor Discount

North Melbourne Suburb Information

North Melbourne Suburb Stats

State: Victoria

City: Melbourne

Population: 15,890

Postcode: 3051

Free Property Appraisal In North Melbourne

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