Chart Color Schemes
est. as @ -- *
ABS ERP | -- people | --
2021 Census | -- people
Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
Find a Recent Sale
Sales Detail
Population
Population growth drivers in North Melbourne are above average based on AreaSearch's ranking of recent, and medium to long-term trends
North Melbourne's population is around 19,125 as of November 2025. This reflects an increase of 3,488 people since the 2021 Census, which reported a population of 15,637 people. The change is inferred from the estimated resident population of 19,221 from the ABS as of June 2024 and an additional 101 validated new addresses since the Census date. This level of population equates to a density ratio of 7,902 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly-sought resource. North Melbourne's growth rate of 22.3% since the 2021 Census exceeded the national average of 8.9%. Population growth for the area was primarily driven by overseas migration that contributed approximately 95.0% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. By 2041, the area is expected to expand by 7,774 persons based on the latest annual ERP population numbers, reflecting an increase of 41.1% in total over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions North Melbourne among the top 25% of areas assessed nationwide
North Melbourne has seen approximately 309 new homes approved annually. Between FY21 and FY25, around 1,545 homes were approved, with a further 3 approved so far in FY26. On average, over the past five financial years, about 0.8 new residents have arrived per new home.
This suggests that new supply is keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. The average construction value of these homes was $326,000, which is below regional norms, indicating more affordable housing options. In FY26 alone, $299.8 million in commercial approvals have been registered, suggesting robust local business investment. Compared to Greater Melbourne, North Melbourne shows moderately higher construction activity, with 30.0% above the regional average per person over the past five years. This level is significantly above the national average, indicating strong developer interest in the area.
Notably, all new construction has been comprised of attached dwellings, reflecting a trend towards denser development. This provides accessible entry options and appeals to downsizers, investors, and entry-level buyers. With around 223 people per dwelling approval, North Melbourne shows a developing market with growth potential. According to the latest AreaSearch quarterly estimate, North Melbourne is expected to grow by 7,870 residents through to 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
North Melbourne has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 66 projects likely impacting the area. Notable projects include Errol Street Private Hospital, Abbotsford Street Social Housing, North Melbourne Precinct Public Housing Renewal, and West End Mixed-Use Precinct, with the following list detailing those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Errol Street Private Hospital
New 8-level private hospital in North Melbourne delivering 223 overnight beds, 10 ICU beds, 7 operating theatres, medical imaging, pathology and specialist consulting suites within the Parkville Biomedical Precinct.
North Melbourne Precinct Public Housing Renewal
Comprehensive $800 million public housing renewal program to replace aging public housing estates across the North Melbourne precinct with modern, accessible homes and improved community facilities. The program spans multiple sites including towers on Alfred Street, Melrose Street, and Sutton Street. Stage One involves redeveloping the housing tower at 33 Alfred Street to deliver 800 new dwellings, including 300 social housing dwellings. Part of Victoria's high-rise redevelopment program using the Ground Lease Model, providing at least 10% more social housing overall.
Australian Institute for Infectious Disease (AIID)
A $650 million world-class translational research facility in the Melbourne Biomedical Precinct, Parkville. Jointly led by the University of Melbourne, Doherty Institute and Burnet Institute. The 7-level building will accommodate over 1,000 researchers and feature PC3/PC4 laboratories, robotic biobanking, a human infection challenge unit, clinical trial capabilities, drug/vaccine development platforms and co-location space for industry partners. Demolition completed mid-2025, main works contractor (Multiplex) appointed September 2025, construction now underway with practical completion targeted for late 2027.
Arden Precinct Urban Renewal
Major urban renewal precinct adjacent to Flemington that will become an employment hub with the new Arden Metro Station opening in 2025. The 45-hectare precinct will transform into a thriving innovation district accommodating 34,000 jobs and 15,000 residents over 30 years. Features mixed-use development, new homes, jobs, and community facilities with innovation clusters for life sciences, research, and digital technology. Amendment C407melb has been approved to implement the Arden Structure Plan. Government seeking development partners for 13.5ha government-owned land (Arden Central). Victorian Government-led urban renewal precinct with private partners selected for development including Gurner, MAB Corporation, and Lendlease.
Younghusband Kensington
Melbourne's largest carbon-neutral adaptive reuse precinct, transforming a historic 122-year-old woolstore into 56,000 sqm of A-grade office and retail space. Stage 1 (17,560 sqm) completed mid-2024, featuring heritage preservation with modern sustainability standards including 6-star Green Star rating, 5.5-star NABERS Energy, and full carbon neutrality. The precinct includes a town square, bluestone laneway, railway garden, and activated retail spaces, creating a vibrant community destination in the Macaulay Precinct.
Gurrowa Place - QVM Southern Precinct
$1.7 billion mixed-use urban renewal project by Lendlease, City of Melbourne, and Scape as part of the Queen Victoria Market Precinct Renewal. The development includes three new buildings: a next-generation office tower, build-to-rent apartments (approx. 1129 total, including over 130 affordable homes), and a student accommodation tower (approx. 1150 residences, total dwellings/beds approx. 2279). It also features the creation of Market Square, a 1.8-hectare public park, the restoration of the heritage Franklin Street Stores for retail and hospitality, and a new 220-space basement car park. Final heritage and planning approvals were secured in August 2025.
Flemington Green
A landmark mixed-use precinct delivering 460 apartments across three buildings, ground-floor retail and food/beverage tenancies, plus a new public plaza and community facilities as part of the Victorian Government's public housing renewal program.
Abbotsford Street Social Housing
Redevelopment of 112 outdated homes into 340+ new homes including 127 social homes, 85 affordable homes, and 128+ private dwellings. Features universal design, community facilities, and sustainable building practices.
Employment
Employment performance in North Melbourne has been below expectations when compared to most other areas nationally
North Melbourne has a highly educated workforce with strong representation in professional services. Its unemployment rate was 9.1% as of June 2025, with an estimated employment growth of 5.1% over the past year.
In June 2025, 12,092 residents were employed while the unemployment rate was 4.5% higher than Greater Melbourne's rate of 4.6%. Workforce participation in North Melbourne stood at 68.3%, compared to Greater Melbourne's 64.1%. The leading employment industries among North Melbourne residents are professional & technical, health care & social assistance, and education & training. The area specializes particularly in professional & technical services, with an employment share of 1.7 times the regional level.
Conversely, construction has limited presence, with only 3.5% employment compared to the regional average of 9.7%. As at the Census, North Melbourne had a ratio of 0.7 workers per resident, indicating above-normal local employment opportunities. Between June 2024 and June 2025, employment levels in North Melbourne increased by 5.1%, while the labour force grew by 7.1%. This led to an increase in unemployment rate by 1.7 percentage points. In comparison, Greater Melbourne recorded employment growth of 3.5% and labour force growth of 4.0%, with a rise in unemployment of 0.5 percentage points. State-level data for Victoria as at Nov-25 shows that employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. This compares to the national unemployment rate of 4.3%, with Victoria's employment growth outpacing the national average of 0.14%. National employment forecasts from Jobs and Skills Australia, released in May-25, project a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to North Melbourne's employment mix suggests local employment should increase by 7.3% over five years and 14.8% over ten years.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
North Melbourne SA2 had median taxpayer income of $52,026 and average income of $72,226 in financial year 2022, according to ATO data aggregated by AreaSearch. These figures compared to Greater Melbourne's $54,892 (median) and $73,761 (average). By September 2025, estimated median income was approximately $58,352 and average income $81,009, based on Wage Price Index growth of 12.16%. Census 2021 data showed personal income ranked at the 73rd percentile ($953 weekly) and household income at the 48th percentile. The $1,500 - 2,999 income bracket dominated with 31.2% of residents (5,967 people). Housing affordability pressures were severe, with only 79.8% of income remaining, ranking at the 44th percentile. North Melbourne SA2's SEIFA income rank was in the 8th decile.
Frequently Asked Questions - Income
Housing
North Melbourne features a more urban dwelling mix with significant apartment living, with ownership patterns similar to the broader region
In North Melbourne, as per the latest Census evaluation, 3.9% of dwellings were houses while 96.1% consisted of other types such as semi-detached homes, apartments, and 'other' dwellings. This compares to Melbourne metropolitan area's figures of 2.2% houses and 97.8% other dwellings. Home ownership in North Melbourne stood at 13.5%, similar to the Melbourne metro level, with mortgaged dwellings at 20.5% and rented ones at 66.0%. The median monthly mortgage repayment in the area was $2,035, higher than Melbourne's average of $1,962. The median weekly rent figure in North Melbourne was recorded at $381, compared to Melbourne's $396 nationally. Nationally, North Melbourne's mortgage repayments exceed the Australian average of $1,863, while rents are higher than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
North Melbourne features high concentrations of group households and lone person households, with a higher-than-average median household size
Family households account for 47.2% of all households, including 13.9% couples with children, 23.6% couples without children, and 7.9% single parent families. Non-family households constitute the remaining 52.8%, with lone person households at 40.5% and group households comprising 12.1%. The median household size is 2.0 people, which is larger than the Greater Melbourne average of 1.8.
Frequently Asked Questions - Households
Local Schools & Education
North Melbourne performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes
North Melbourne's educational attainment is notably higher than national averages. Among residents aged 15+, 60.9% have university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most common at 34.8%, followed by postgraduate qualifications (21.8%) and graduate diplomas (4.3%). Vocational pathways account for 16.0%, with advanced diplomas at 8.2% and certificates at 7.8%.
Educational participation is high, with 39.6% of residents currently enrolled in formal education. This includes 20.8% in tertiary education, 5.7% in primary education, and 5.3% pursuing secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
North Melbourne has 56 active public transport stops. These include train, light rail, and bus services. There are 11 routes operating, serving a total of 11,181 weekly passenger trips.
The average distance to the nearest stop for residents is 128 meters. On average, there are 1,597 daily trips across all routes, equating to approximately 199 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
North Melbourne's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
North Melbourne shows excellent health outcomes, with very low prevalence of common conditions across all ages.
Approximately 55% (~10,576 people) have private health cover. Mental health issues and asthma are most prevalent at 11.0 and 8.0% respectively. About 74.1% report no medical ailments, compared to 79.8% in Greater Melbourne. Around 7.5% (1,430 people) are aged 65 and over, with seniors' health outcomes aligning closely with the general population's profile.
Frequently Asked Questions - Health
Cultural Diversity
North Melbourne is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
North Melbourne has a high level of cultural diversity, with 41.3% of its population speaking a language other than English at home and 46.5% born overseas. Christianity is the main religion in North Melbourne, comprising 24.0% of its population. However, Buddhism is overrepresented compared to Greater Melbourne, making up 5.0% versus 7.0%.
The top three ancestry groups in North Melbourne are English at 17.5%, Other at 17.2%, and Australian at 14.2%. Notably, Vietnamese are overrepresented at 3.0% (versus 2.0%), Chinese at 13.8% (versus 19.1%), and Korean at 0.8% (versus 1.5%).
Frequently Asked Questions - Diversity
Age
North Melbourne hosts a very young demographic, ranking in the bottom 10% of areas nationwide
North Melbourne's median age is 29, which is younger than Greater Melbourne's figure of 37 and significantly lower than Australia's median age of 38. Compared to Greater Melbourne, North Melbourne has a higher proportion of residents aged 25-34 (31.9%) but fewer residents aged 5-14 (5.7%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between 2021 and present, North Melbourne's median age has decreased by 1.7 years from 31 to 29, suggesting a shift towards a younger demographic. Key changes in this period include an increase in the 15-24 age group from 18.5% to 23.4%, and an increase in the 25-34 cohort from 29.4% to 31.9%. Conversely, the 5-14 age group has decreased from 7.7% to 5.7%, while the 55-64 age group has dropped from 7.3% to 5.6%. Population forecasts for North Melbourne indicate significant demographic changes by 2041. The 25-34 age cohort is projected to grow strongly at a rate of 37%, adding 2,288 residents to reach a total of 8,397.