Located 2 km north-west of Melbourne's CBD North Melbourne is one of the city's most dynamic and complex areas. Its residences are a mix of established and new housing with commercial industrial retail and community facilities scattered throughout. Shopping strips such as Errol and Victoria streets are popular for their range of cafes restaurants and boutiques. The old North Melbourne Town Hall is the home of Arts House Melbourne’s contemporary centre for performance and interactive artforms. The area also includes the historic Meat Market a hub for creative arts and cultural productions and the North Melbourne Recreation Centre that has aquatic facilities a gym and stadium complex.
Median data for December 2019 Quarter. Click here for details.
Median Sale Price
$1.14m
Metro Melbourne
$929k
Quarterly Price Change
2.7%
2%
Median Rent
$700
$550
Rental Yield
3%
3.1%
$585k
$635k
-4.1%
0.3%
$525
$520
4.7%
4.3%
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