North Melbourne 1
Postcode 3051
Population 14,953
Suburb Profiles

What’s to love in North Melbourne

Median House Price

$1,242,500

Median Unit price

$561,000

Av days on market

38 days

AV Rental per week

$690

North Melbourne Demographics

Median age

20-39

Population

14,953

Median rent

$780

Household income

$1,500 - $1,749

Dwelling structure
Flat or Apartment
68.26%
Semi-detached or Terrace
26.83%
House
4.19%
Other
0.72%
Home ownership
Rented
63.71%
Owner Mortgage
19.82%
Owned Outright
13.22%
Other
3.25%
Method of travel to work
Car
19.84%
Walk
12.14%
Train
1.82%
Bus
0.48%
Industry of employment
Professionals
44.30%
Managers
12.57%
Clerical and Administrative Workers
10.75%
Community and Personal Service Workers
10.22%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in North Melbourne

Median sale price for houses in North Melbourne is $1,242,500, down 1.7% from last year.

Median sale price for units in North Melbourne is $561,000, up 18.1% from last year.

Properties sold in North Melbourne

Properties sold for houses in North Melbourne is 118, down 5.6% from last year.

Properties sold for units in North Melbourne is 363, up 16.0% from last year.

Auction clearance in North Melbourne

Auction clearance for houses in North Melbourne is 62.2%, down 1.7% from last year.

Auction clearance for units in North Melbourne is 79.4%, up 11.2% from last year.

Av days on market in North Melbourne

Av days on market for houses in North Melbourne is 42, down 20.8% from last year.

Av days on market for units in North Melbourne is 34, down 12.8% from last year.

Sales data supplied by Domain

Environment

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