Victorian Suburb Profile
North Melbourne
Melbourne LGA · VIC
Low yield
North Melbourne looks meaningfully stronger than the metro benchmark, led by units.
Median House
$1265k2025
Weekly Rent
$8502025
House Yield
3.0%-0.3pp vs state
Unit Yield
6.0%+1.1pp vs state
House Yield Trend2023 — 2025
202320242025
2.9% → 3.1%+0.2%
Data from 6 government sources
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Ask AI about North MelbourneData sourced from Victorian Valuer-General, DFFH Rental Report, Crime Statistics Agency Victoria, and Victorian State Budget Papers. Indicative only — not financial advice.