North Melbourne, VIC 3051

North Melbourne, VIC 3051

Compare Part of Melbourne

1.77 km
Distance from CBD
10 k
Population

Auction Times

Sat 19 Oct
Auction Time Agency
13 Kipling Street
2 1 1 House
1:00 PM
Sat 19th Oct
Nelson Alexander Real Estate
132A Curzon Street
3 1 0 House
1:00 PM
Sat 19th Oct
Hocking Stuart
504 Queensberry Street
3 2 2 House
3:30 PM
Sat 19th Oct
Hocking Stuart
Sat 26 Oct
Auction Time Agency
1/29 Little Baillie Street
2 2 1 Apartment
12:00 PM
Sat 26th Oct
Hocking Stuart
71/171 Flemington Road
2 1 1 Apartment
1:00 PM
Sat 26th Oct
Rendina Real Estate
Median Sale Price
House
$1.09M
Updated on Aug 2019
2 BR
$851K
3 BR
$1.2M
4 BR
$1.3M
Unit
$431K
Updated on Aug 2019
1 BR
$300K
2 BR
$545K
3 BR
$653K
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
$1,100,000
-13.6% $755,000 $2,000,000 37
Median Sale Price
$1.11M
Based on 48 recorded sales within the last 12 months
Updated on 19 Oct 2019
Suburb Growth
-18.2%
Current Median Price: $1,109,000
Previous Median Price: $1,311,000
Based on 93 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2019)
Price Range Segments (12 months ending Sep 2019)
Median Weekly Rent Price
House
$620
Updated on Sep 2019
2 BR
$550
3 BR
$693
4 BR
$915
Unit
$450
Updated on Sep 2019
1 BR
$410
2 BR
$525
3 BR
$710
4 BR
$1,000
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$480
0.0% $260 $950 92
2012
$500
+4.0% $250 $1,500 113
2013
$525
+4.8% $265 $1,020 142
2014
$535
+1.9% $235 $1,050 154
2015
$550
+2.7% $280 $1,300 198
2016
$570
+3.5% $280 $1,300 180
2017
$600
+5.0% $280 $1,800 160
2018
$630
+4.8% $330 $1,650 175
2019
$650
+3.1% $365 $1,700 121
Median Rent Price
$650
per week
Based on 154 recorded rent within the last 12 months
Updated on 19 Oct 2019
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 331 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,109,000
Current Median rent: $650
Based on 202 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2019)

Auction Results For North Melbourne

Houses sold in Last 12 months ends 12 Oct 2019

$1.1M

Median Sale Price

62%

Clearance Rate

34/55

Sold/Reported

$2M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.8 M - $2 M 1
$1.6 M - $1.8 M 2
$1.4 M - $1.6 M 3
$1.2 M - $1.4 M 1
$1 M - $1.2 M
(Median Price Range)
5
$800 K - $1 M 7
$600 K - $800 K 4
$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