Suburb Profile

Supply Demand History in North Melbourne

MonthSupplyDemand
2015 Apr1367387
2015 May1426959
2015 Jun1607649
2015 Jul1657554
2015 Aug1807978
2015 Sep1898520
2015 Oct2028195
2015 Nov2078774
2015 Dec1724683
2016 Jan1796813
2016 Feb1977796
2016 Mar1967132
2016 Apr1977665

More Recent Sold in North Melbourne

Address Sold Price
60 Arden Street 4 $1,475,000
76/163-171 Flemington Road 1 $327,000
2/7 Oxford Street 2 $823,550
18 Harker Street 4 $1,167,000
18/375 Abbotsford Street 3 $681,000

More Recent Rent in North Melbourne

Address Price/Week
510/81-85 Flemington Road 2 $570
208/93 Flemington Road 1 $420
207/68 Leveson Street 2 $590
7/369 Abbotsford Street 3 $580
228 23 Blackwood Street 2 $500

Rent Yield in North Melbourne

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$260,491$3857.69%$200,000$39010.14%217
2$573,605$5244.75%$500,000$5005.20%247
3$1,703,746$7132.18%$1,357,500$7052.70%61
4$1,407,167$9153.38%$1,400,000$8803.27%18
5$2,000,000$1,1833.08%$2,000,000$1,1502.99%4
6$1--$1--1
House
1$229,000$3638.24%$229,000$3808.63%6
2$955,000$5362.92%$955,000$5032.74%22
3-$646--$650-7
4$1,909,000$8802.40%$1,750,000$8802.61%8
5-$1,550--$1,550-1
Unit/apmt
1$244,389$4018.53%$190,000$39310.76%98
2$509,100$5455.57%$485,000$5005.36%82
3$2,171,250$6681.60%$1,147,500$6502.95%11
4$849,500--$799,500--4
Townhouse
1-$425--$425-2
2-$576--$550-11
3$1,260,000$8383.46%$1,260,000$8003.30%10
4$1,508,000--$1,508,000--1
Apartment
1$323,825$3645.85%$339,000$3154.83%15
2$534,983$3973.86%$560,000$3933.65%9
3-$458--$458-2
Other
1$565,500$3813.50%$565,500$4153.82%12
2$779,000$5393.60%$779,000$5503.67%9
3-$700--$700-1
Unknown
1$241,182$3637.83%$175,000$37010.99%84
2$578,038$5054.54%$500,000$5005.20%114
3$1,539,992$7262.45%$1,660,000$7552.37%30
4$1,217,500$9504.06%$1,217,500$9003.84%5
5$2,000,000$1,0002.60%$2,000,000$1,0002.60%3
6$1--$1--1

Demographics of North Melbourne

PopulationSizeNorth MelbourneMelbourne
All People96723366613
Country of OriginNorth MelbourneMelbourne
Australian Born53%65%
Born Overseas - Top 5North MelbourneMelbourne
China6%1%
Viet Nam4%2%
Malaysia4%1%
United Kingdom3%5%
New Zealand2%1%
Median household incomeNorth MelbourneMelbourne
Weekly income$1,230$1,333
Age StatisticsNorth MelbourneMelbourne
20 to 3948%33%
40 to 5919%28%
5 to 1915%14%
60+12%17%
0 to 45%7%
Family Statistics - Top 5North MelbourneMelbourne
Never Married57%33%
Married27%51%
Divorced8%7%
Widowed4%6%
Separated4%3%
Religion - Top 5North MelbourneMelbourne
No Religion29%19%
Catholic23%33%
Buddhism11%4%
Anglican10%16%
Islam10%3%
Occupation - Top 5North MelbourneMelbourne
Professionals13%8%
Intermediate Clerical/Sales/Service6%7%
Associate Professional4%5%
Managers and Administrators4%4%
Elementary Clerical/Sales/Service4%4%
Education - Top 5North MelbourneMelbourne
Not Attending (Working)62%73%
University or other Tertiary Institution20%5%
Secondary Education5%7%
Infants/Primary5%9%
Technical or Further Education4%3%
Transport to Work - Top 5North MelbourneMelbourne
Car (driver)15%28%
Walked6%1%
Ferry/tram5%1%
Car (passenger)2%3%
Worked at home2%2%
Type of Dwelling - Top 3North MelbourneMelbourne
Flat52%14%
Semi/Terrace33%8%
Separate house8%74%
Nature of Occupancy - Top 3North MelbourneMelbourne
Rented64%24%
Fully Owned18%43%
Purchasing11%27%
Monthly Loan Repayment - Top 5North MelbourneMelbourne
$600-$79919%21%
$1,500+19%9%
$1,200-$1,39913%7%

Crime Rate of Melbourne

Crime TypeRate of MELBOURNERate of VIC
Crime Against Property17,4934,607
Crime Against the Person3,456940
Drug Offences1,506311
Other Crime5,129875
Total27,5846,733
Note: North Melbourne belongs to city Melbourne. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

North Melbourne, VIC 3051 (1.77 km to CBD)

Median House Price

$1,154,500

Median Unit Price

$498,000

Surrounding Suburbs

Closest Train Station

North Melbourne Station 0.72 km

Selected Demographics of North Melbourne

  • 3893 Number of House
  • 9066 Number of Unit
  • 9672 Number of People
  • 29 Median Age
  • 2.1 Median Household Size
  • $335 Weekly Rent
  • $613 Weekly Individual Income
  • $1,735 Weekly Family Income
  • $1,229 Weekly Household Income
  • $0 Median Asking Price
  • $40 Median Rent
  • 0.00% Rent Yield
  • 0 Stock On Sale
  • 4.18% Vacancy Rate
  • 196 Average Supply
  • 7310 Average Demand
  • 37.23 Supply Demand Ratio

Schools in North Melbourne

School NameSchool SectorSchool Type
North Melbourne Primary SchoolGovernmentPrimary
St Aloysius CollegeCatholicSecondary
St Joseph's Flexible Learning Centre
St Michael's SchoolIndependentPrimary

Leading Agencies (Sale)

Nelson Alexander Real Estate - Carlton North 12%

Hocking Stuart - North Melbourne 10%
Hocking Stuart - Carlton 7%
WB Simpson & Son - North Melbourne 7%
Woodards Northern - Carlton 5%
Marston & Cook - Flemington 5%
Alexkarbon Real Estate - North Melbourne 3%
Masonmeredith AGENT - Ascot Vale 3%
Rendina Real Estate - Kensington 2%
JMRE - NORTH MELBOURNE 2%

Leading Agents (Rent)

Agent NamePercentage
WB Simpson & Son - North Melbourne11%
Hocking Stuart - (Melbourne) Pty Ltd9%
Student Housing Australia - Melbourne6%
Woodards Northern - Carlton North5%
Nelson Alexander Real Estate - Carlton North4%
Hocking Stuart - BRUNSWICK3%
RUN Property - Carlton2%
RPG Property Management - NORTH MELBOURNE2%
Rendina Real Estate - Kensington2%
Dingle Partners - Melbourne2%