Warm Market
7/16
Checking access...
Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 64.2 | Met |
| Vacancy Rate | 0.7% | Met |
| Gross Rental Yield | 3.1% | Not Met |
| Days on Market | 54 days | Caution |
| Median Property Value | $1.18m | Caution |
| 3-Year Capital Growth | N/A | No Data |
| 12-Month Rental Growth | N/A | No Data |
| Average Vendor Discount | 0.0% | Met |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
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 model-adjusted Demand Supply Ratio (DSR) estimate for North Melbourne is 64.2, which is rated as strong for investment. The model-adjusted vacancy estimate is 0.7%, indicating strong rental demand.
The model-adjusted gross rental yield estimate in North Melbourne is 3.1%. Properties in North Melbourne typically sell within an estimated 54 days.
Assessment from 25 February 2026 (196 days ago) — may be outdated.
ReassessInfrastructure Nearby
40 funded projects ($8408.70m) — Arts, Cultural Facilities, Education