North Melbourne, VIC 3051

North Melbourne, VIC 3051

Compare Part of Melbourne

1.77 km
Distance from CBD
10 k
Population

Auction Times

Sat 3 Dec
Auction Time Agency
E2-1/140 Arden Street
2 1 1 Apartment
11:00 AM
Sat 3rd Dec
WB Simpson & Son
404/188 Macaulay Road
2 2 1 Apartment
12:30 PM
Sat 3rd Dec
Jellis Craig
305/108 Haines Street
2 2 1 Apartment
2:00 PM
Sat 3rd Dec
Jellis Craig
Sat 10 Dec
Auction Time Agency
8 Little Dryburgh Street South
2 2 1 Townhouse
11:30 AM
Sat 10th Dec
Caine Real Estate
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$650,000
0.0% $405,000 $6,395,500 48
2010
$805,000
+19.3% $410,000 $4,650,000 71
2011
$770,000
-4.5% $270,000 $1,980,207 75
2012
$785,000
+1.9% $301,000 $2,700,000 74
2013
$786,000
+0.1% $57,500 $4,680,000 106
2014
$890,000
+11.7% $420,000 $2,200,000 68
2015
$1,100,000
+19.1% $500,000 $3,125,000 73
2016
$1,200,000
+8.3% $382,000 $3,500,000 55
2017
$1,470,000
+18.4% $165,000 $6,500,000 42
2018
$1,250,000
-17.6% $407,500 $4,600,000 50
2019
$1,295,000
+3.5% $740,000 $2,750,000 53
2020
$1,150,000
-12.6% $707,000 $2,650,000 38
2021
$1,313,000
+12.4% $670,000 $4,500,000 94
2022
$1,381,000
+4.9% $510,000 $3,475,000 69
Median Sale Price
$1.4M
Based on 85 recorded sales within the last 12 months
Updated on 29 Nov 2022
Suburb Growth
+6.1%
Current Median Price: $1,395,000
Previous Median Price: $1,310,000
Based on 172 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$600
Updated on Sep 2022
2 BR
$520
3 BR
$695
4 BR
$900
Unit
$400
Updated on Sep 2022
1 BR
$350
2 BR
$450
3 BR
$675
4 BR
$850
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$480
0.0% $260 $950 93
2012
$500
+4.0% $250 $1,500 113
2013
$525
+4.8% $265 $1,020 142
2014
$530
+0.9% $235 $1,050 155
2015
$550
+3.6% $280 $1,300 200
2016
$570
+3.5% $280 $1,300 180
2017
$600
+5.0% $280 $1,800 160
2018
$620
+3.2% $330 $1,650 177
2019
$630
+1.6% $300 $1,700 176
2020
$620
-1.6% $250 $1,600 216
2021
$600
-3.3% $230 $1,500 198
2022
$600
0.0% $280 $1,400 169
Median Rent Price
$600
per week
Based on 187 recorded rent within the last 12 months
Updated on 29 Nov 2022
Rent Price Growth
+0.8%
Current Median Rent: $600
Previous Median Rent: $595
Based on 384 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,395,000
Current Median rent: $600
Based on 272 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Auction Results For North Melbourne

Houses sold in Last 12 months ends 26 Nov 2022

$1.26M

Median Sale Price

81%

Clearance Rate

59/73

Sold/Reported

$4.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M 5
$1.8 M - $2 M 2
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M 7
$1.2 M - $1.4 M
(Median Price Range)
9
$1 M - $1.2 M 11
$800 K - $1 M 8
$600 K - $800 K 1
$400 K - $600 K 1

Schools closest to North Melbourne, VIC 3051

School name Address Type Sector Distance
North Melbourne Primary School 210 ERROL STREETNorth Melbourne 3051 Primary Government 0.58 km
University High School 77 STORY STREETParkville 3052 Secondary Government 0.92 km
St Michael's School 8 BROUGHAM STNorth Melbourne 3051 Primary Catholic 1.06 km
St Aloysius College 31 CURRAN STNorth Melbourne 3051 Secondary Catholic 1.18 km
Ozford College LEVELS 2 AND 5, 123 LONSDALE STREETMelbourne 3000 Secondary Independent 1.42 km
Eltham College of Education City CampusTop 100 Melbourne 3000 Combined Independent 1.73 km
Stotts College 43 ELIZABETH STREETMelbourne 3000 Secondary Independent 1.68 km
Holy Rosary School 37 GOWER STKensington 3031 Primary Catholic 1.86 km
Flemington Primary School MT ALEXANDER ROADFlemington 3031 Primary Government 2.22 km
St Brendan's School 103 WELLINGTON STFlemington 3031 Primary Catholic 2.56 km