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Investment Property North Melbourne, VIC, 3051

Suburb Snapshot

North Melbourne is a suburb in the Melbourne Region of Victoria. North Melbourne has a population of 14,935 people and 54.89% of its occupants live in rental accommodation. The median listing price for houses is $1,300,000 and this has changed 0.65% over the past year and changed 0.00% over 2 years.

The median rent in North Melbourne for houses is $720 per week and the median rental yield is 2.88%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $500,000 and this has changed -0.90% over the past year. The average unit takes 162 days to sell and the median rent for a unit in North Melbourne is $480 per week, producing a rental yield of 4.99%.

Supply & Demand in North Melbourne, Melbourne

1.77%

Current vacancy rate


188

Rental stock available


14,935

Population


54.89%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for North Melbourne, Melbourne

  House Townhouses Units
Median listing price $1,300,000 $1,000,000 $500,000
Median price change - last quarter -3.71% -9.10% -1.00%
Median price change - 1 year 0.65% 0.00% -0.90%
Median price change - 2 years 0.00% -13.80% -3.85%
  House Townhouses Units
Median weekly rent $720 $750 $480
Median yield % 2.88% 3.90% 4.99%
Median rent change - 1 year 6.66% 4.16% 4.34%
  House Units
Previous month sales 6 20
Stock on market previous month 33 136
Stock variance vs. last year 0.00% -9.33%
Average days on market 50 162

North Melbourne investment property listings

Showing 5 of 143 investment properties found in North Melbourne on realestateinvestar.com.au

301/97 Flemington Rd, North Melbourne

$600,000

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Sleek North-Facing Sanctuary in Central Setting

A sleek expression of inner-city sophistication, this stylish 2 bedroom, 2 bathroom apartment transcends through bold design, detailed luxury and all-day northern light in a neighbourhood of unrivalled convenience. Zoned to the highly sought-after University High School, venture downstairs and ...

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Unit

VIC 3051


103/2 Glass St, North Melbourne

$490,000

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One-bedroom designer apartment in the vibrant heart of North Mel

Delivering effortless contemporary living on the cusp of the city and just metres from vibrant Errol Street, this stylish designer apartment will impress first home buyers, professionals and those seeking a strong investment. Finished in quality appointments across two levels, it has been ...

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Unit

VIC 3051


2/1 Plane Tree Way, North Melbourne

$1,000,000

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The perfect inner-city sanctuary with two car spaces

Set in the vibrant heart of North Melbourne, this fantastic townhouse delivers the perfect blend of lifestyle, comfort and convenience ideal for first home buyers, professionals or savvy investors seeking a proven location. Nestled in leafy surrounds yet just moments from CBD-bound trams, this ...

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Townhouse

VIC 3051


216/86 Macaulay Rd, North Melbourne

$480,000

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Light-Filled Pumphouse Apartment with Balcony, Parking & Storage

Positioned within the highly sought-after "Pumphouse" Apartments directly opposite the iconic North Melbourne AFL football ground, this beautifully presented apartment delivers the perfect balance of lifestyle, convenience and contemporary low-maintenance living. Brilliantly occupying a prime ...

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Unit

VIC 3051


2/147 Curzon St, North Melbourne

$600,000

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Stunning Fully Renovated Apartment in Prime Inner-City Location

Beautifully transformed with a complete renovation, this stylish two-bedroom apartment at 2/147 Curzon Street delivers a perfect blend of modern sophistication and effortless inner-city living. Positioned on the ground floor within the sought-after Hotham Gardens complex, the home showcases a ...

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VIC 3051


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