North Melbourne at a glance
Median house
$1,326,000
Median unit
$517,500
Walk score
100
Walker's paradise
Population
15.0k
Median age 31
The brief
What to know about North Melbourne.
The postcode for North Melbourne is 3051 (VIC), part of Greater Melbourne.
The median house price in North Melbourne is $1,326,000.
North Melbourne (3051) sits in the Melbourne region of Victoria. The median house here is $1,326,000, well above the Victoria median of around $850K.
North Melbourne has roughly 14,953 residents, with a young-family demographic. Households are renter-heavy. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
Compare North Melbourne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
North Melbourne scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 7 government primary, 3 government secondary, 6 Catholic, 1 independent.
Who lives here
Demographics.
The 2021 Census put North Melbourne's population at 14,953, with a median age of 31. That sits as a young-family demographic. Households are renter-heavy (33% own, 64% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (40%), often a marker of unit-heavy stock and walkable infrastructure.
Population
14,953
Median age
31
Family households
48%
Lone person
40%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,326,000 on a typical sale, well above the Victoria median. Units come in around $517,500, roughly 61% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $265,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,326,000
+0.0% over the past year. Median unit price $517,500.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$853/wk
Weekly rent (unit)
$660/wk
Owner occupied
33%
Renter occupied
64%
At a deeper level
$1,326,000
$517,500
14,953
Median age: 31
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 3.35% (median rent $853/wk against a $1,326,000 price tag). Units yield 6.63% gross, often the better cash-flow play for first-time investors. With 64% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20263.35%
Based on $1,326,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.63%
Based on $517,500 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202633%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
1,954
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
80
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in North Melbourne.
Local schools for North Melbourne
View the catchment for each school to find out more.
Government School Catchment
North Melbourne Primary School
University High School
Kensington Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About North Melbourne.
- What is the median house price in North Melbourne?
- The median house price in North Melbourne, VIC 3051 is $1,326,000. The median unit price is $517,500.
- What is the North Melbourne postcode?
- North Melbourne is in the 3051 postcode, in VIC, in the City of Melbourne region.
- Where is North Melbourne?
- North Melbourne is a suburb of Melbourne, in VIC 3051. It is part of the Greater Melbourne area, in the City of Melbourne region.
- What is the average rent in North Melbourne?
- The median weekly rent for houses is $853, for units it's $660.
- What schools are in North Melbourne?
- There are 20 schools serving North Melbourne on this page, including St Aloysius College, St Michael's Primary School, North Melbourne Primary School.
- How walkable is North Melbourne?
- North Melbourne has a Walk Score of 100 out of 100, very walkable. transit score 80, bike score 100.
- What suburbs are near North Melbourne?
- North Melbourne is close to Hotham Hill, Royal Melbourne Hospital, Kensington, Parkville, University Of Melbourne.
- What is the population of North Melbourne?
- The population of North Melbourne is approximately 14,953 (2021 Census). The median age is 31.
For Sale
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North Melbourne
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Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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