North Melbourne
Suburb profile, market snapshot and recent listings for North Melbourne, VIC 3051.
About North Melbourne
Welcome to North Melbourne
North Melbourne sits just north-west of the CBD, a short tram or train ride away, wedged between the city, Carlton and Parkville. It's one of Melbourne's oldest inner suburbs, and it wears that history well — Victorian terraces and workers' cottages line quiet streets that run down to the Docklands and the Maribyrnong flats, while newer apartment blocks cater to the steady flow of students, professionals and downsizers drawn to its location.
With a median age of 31 and a population of just under 15,000, it's a suburb geared towards people who want inner-city convenience without the density of the CBD itself. It suits renters and buyers alike who value walkability, heritage streetscapes and easy access to the Melbourne University and hospital precincts in neighbouring Parkville.
Lifestyle & dining
Errol Street is the suburb's main social spine, a strip of cafes, bakeries, bars and independent shops that gives North Melbourne a distinct village feel despite its proximity to the CBD. Queensberry Street and the streets around the old Meat Market add to the mix, with a growing number of small bars and restaurants that draw people from Carlton and West Melbourne as much as locals.
The suburb's identity is closely tied to the North Melbourne Football Club, and match days at Arden Street Oval bring a strong community energy that's rare this close to the city centre. Between the football, the historic pubs and the leafy residential pockets, North Melbourne manages to feel both established and lived-in.
Getting around
Transport is one of North Melbourne's strongest cards. North Melbourne station is a major hub on the metropolitan rail network, offering direct access to multiple lines and making the CBD, and destinations well beyond it, easy to reach without a car. Tram routes along Flemington Road and through the suburb connect residents to Melbourne University, the Queen Victoria Market and the city grid in minutes.
Its position between the CBD, Docklands and Parkville also means many residents walk or cycle to work, particularly those employed in the health and education precincts nearby. Arterial roads including Flemington Road and Dryburgh Street provide reasonably quick car access, though parking in the older residential streets can be tight.
Schools & families
Families are well served locally, with North Melbourne Primary School and St Michael's Primary School both close by. Secondary options in the area include St Aloysius College, along with Mount Alexander 7-12 College's River Nile Campus and the River Nile School, which cater to a range of student needs. SEDA College (Victoria), based at The Huddle, adds a sport-focused schooling pathway linked closely with the local football club.
While the suburb's dwelling stock leans heavily towards apartments, the pocket of Victorian houses and townhouses, along with proximity to Parkville's institutions, still makes North Melbourne workable for families who prioritise location and are happy with smaller footprints.
Parks & recreation
Green space is a genuine feature here. Royal Park, one of Melbourne's largest inner-city parklands, borders the suburb and offers walking and cycling trails, sports grounds and native bushland, effectively giving residents a backyard they don't have to maintain. Closer to home, smaller reserves and the streetscapes around the old Meat Market precinct provide pockets of open space throughout the suburb.
Arden Street Oval, home of the North Melbourne Football Club, doubles as a community recreation space outside of match days, and the suburb's flat, walkable layout makes it popular with joggers and cyclists heading towards the CBD or out along the Moonee Ponds Creek trails.
The property market
North Melbourne's property market reflects its apartment-heavy character, with 72% of current listings being apartments or units, compared with 19% houses and 7% townhouses. The median house price sits at $1.02 million, having grown 7.1% recently, while units carry a median of $616,000, offering a comparatively accessible entry point into an inner-city suburb.
Median rent of $705 per week points to strong ongoing rental demand, unsurprising given the suburb's proximity to the CBD, Melbourne University and the Parkville medical precinct. Buyers tend to be split between those chasing a heritage house on one of the suburb's Victorian-era streets and those after a well-located apartment, with the latter dominating current stock on the market.
Market snapshot
North Melbourne property market
Median sale price
$1.02m
House · 2 bed
Median rent
$705
per week
Gross rental yield
3.6%
annual rent ÷ sale price
Typical price range
Entry
$796k
Median
$1.02m
Premium
$1.39m
Days on market
35
Auction clearance
54%
Sold this year
49
Median sold price trend · House 2 bed
Compound growth +1.7% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in North Melbourne by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for North Melbourne, VIC 3051.
Population
14,953
residents (2021)
Median age
31
years
Household income
$1,717
median, per week
Median rent
$381
per week
Median mortgage
$2,035
per month
Mortgage / income
27%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in North Melbourne
Government school catchment
Mount Alexander 7-12 College-River Nile Campus
Independent & Catholic schools
SEDA College (Victoria) - The Huddle, North Melbourne Football Club
Recent results
Recently sold in North Melbourne
$1.10m
5A Raglan Street
Sold ~July 2026
$1.16m
449 Dryburgh Street
Sold ~July 2026
$340k
508/83 Flemington Road
Sold ~July 2026
$435k
12/25 Byron Street
Sold ~July 2026
$503k
71/171 Flemington Road
Sold ~July 2026
$150k
712/9 High Street
Sold ~July 2026
$908k
50 Alfred Street
Sold ~July 2026
$660k
2/2A Baillie Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in North Melbourne
Compare the area
Price map around North Melbourne
Every listing for sale near North Melbourne, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
North Melbourne suburb FAQ
What is the median property price in North Melbourne?
The median unit price in North Melbourne, VIC is $616k for a 2-bedroom home. Over the past year, median sold prices have risen about 10.3%.
How much is rent in North Melbourne?
The median weekly rent in North Melbourne is around $660 per week.
Is North Melbourne a good place to live?
North Melbourne is an established residential suburb in VIC, with a population of around 14,953 and 7 schools in the area.
What is the population of North Melbourne?
North Melbourne has a population of 14,953 (ABS 2021 Census), with a median age of 31.
What schools are in North Melbourne?
There are 7 schools in or near North Melbourne, including North Melbourne Primary School, St Michael's Primary School and Mount Alexander 7-12 College-River Nile Campus.
How long do homes take to sell in North Melbourne?
Properties in North Melbourne take around 30 days to sell on average, with an auction clearance rate of about 78%.
How much do you need to buy in North Melbourne?
Entry-level properties in North Melbourne start around $399k, while premium homes reach $849k.
What suburbs are near North Melbourne?
Suburbs near North Melbourne include West Melbourne, Carlton, Travancore, Melbourne and Parkville.
Fresh to market
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