North Melbourne, VIC 3051

North Melbourne, VIC 3051

Compare Part of Melbourne

1.77 km
Distance from CBD
10 k
Population

Auction Times

Tue 20 Apr
Auction Time Agency
106/64 Macaulay Road
2 1 1 Apartment
6:00 PM
Tue 20th Apr
Stockdale & Leggo
Thu 22 Apr
Auction Time Agency
504 Queensberry Street
3 2 2 House
6:00 PM
Thu 22nd Apr
Alexkarbon Real Estate
Sat 24 Apr
Auction Time Agency
426 Dryburgh Street
3 2 0 House
11:00 AM
Sat 24th Apr
Nelson Alexander Real Estate
Sat 1 May
Auction Time Agency
G05/139 Chetwynd Street
1 1 1 Apartment
10:00 AM
Sat 1st May
Alexkarbon Real Estate
G05/139 Chetwynd Street
1 1 1 Apartment
10:00 AM
Sat 1st May
Alexkarbon Real Estate
3 Cullens Lane
1 1 0 Apartment
10:30 AM
Sat 1st May
Nelson Alexander Real Estate
17/147 Curzon Street
2 1 2 Apartment
11:00 AM
Sat 1st May
Alexkarbon Real Estate
15/85-87 Haines Street
2 2 1 Apartment
11:00 AM
Sat 1st May
Jellis Craig
6 Curzon Place
3 3 1 Townhouse
11:00 AM
Sat 1st May
Alexkarbon Real Estate
3 Murphy Street
4 2 1 House
12:30 PM
Sat 1st May
Jellis Craig
14 Scotia Street
3 2 1 House
1:30 PM
Sat 1st May
Nelson Alexander Real Estate
Median Sale Price
House
$1.13M
Updated on Feb 2021
2 BR
$980K
3 BR
$1.28M
4 BR
$1.32M
Unit
$543K
Updated on Feb 2021
1 BR
$375K
2 BR
$580K
3 BR
$945K
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
$775,000
+16.1% $410,000 $2,380,000 71
2011
$770,000
-0.6% $270,000 $1,980,207 75
2012
$775,000
+0.6% $301,000 $2,700,000 74
2013
$786,000
+1.4% $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
$1,475,000
+18.6% $516,000 $6,500,000 42
2018
$1,250,000
-18.0% $407,500 $4,600,000 50
2019
$1,240,000
-0.8% $740,000 $2,000,000 53
2020
$1,150,000
-7.8% $707,000 $1,555,000 38
2021
$1,270,000
+9.4% $670,000 $2,060,000 15
Median Sale Price
$1.15M
Based on 42 recorded sales within the last 12 months
Updated on 19 Apr 2021
Suburb Growth
-7.8%
Current Median Price: $1,150,000
Previous Median Price: $1,240,000
Based on 94 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$590
Updated on Mar 2021
2 BR
$500
3 BR
$670
4 BR
$850
Unit
$395
Updated on Mar 2021
1 BR
$340
2 BR
$430
3 BR
$665
4 BR
$800
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
$630
+4.8% $330 $1,650 177
2019
$630
0.0% $300 $1,700 176
2020
$620
-1.6% $250 $1,600 215
2021
$615
-0.8% $300 $1,150 50
Median Rent Price
$600
per week
Based on 203 recorded rent within the last 12 months
Updated on 19 Apr 2021
Rent Price Growth
-8.3%
Current Median Rent: $600
Previous Median Rent: $650
Based on 397 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,150,000
Current Median rent: $600
Based on 245 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For North Melbourne

Houses sold in Last 12 months ends 17 Apr 2021

$1.24M

Median Sale Price

86%

Clearance Rate

23/27

Sold/Reported

$2.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 2
$1.6 M - $1.8 M 1
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M
(Median Price Range)
5
$1 M - $1.2 M 5
$800 K - $1 M 1
$600 K - $800 K 3

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