Warm Market
7/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Met |
| Vacancy Rate | Met |
| Gross Rental Yield | Not Met |
| Days on Market | Caution |
| Median Property Value | Caution |
| 3-Year Capital Growth | No Data |
| 12-Month Rental Growth | No Data |
| Average Vendor Discount | Met |
About North Melbourne, VIC 3051
North Melbourne is located in Victoria with postcode 3051. Based on our analysis of 23+ growth factors, North Melbourne is classified as a warm market with a Hot Market Score of 7/16.
The Demand Supply Ratio (DSR) for North Melbourne is 64.0, which is rated as strong for investment. The vacancy rate is 0.6%, indicating strong rental demand.
Gross rental yield in North Melbourne is 3.0%. Properties in North Melbourne typically sell within 55 days.
Assessment from 25 February 2026 (41 days ago) — may be outdated.
Reassess