North Melbourne

Melbourne CBD · Melbourne, VIC · 3051

Live · SQM Research3051House premium: +$272/wk over units

House rent/wk

$966

Houses 3+ bed

Annual change

+1.4%

Warming

Monthly rent

$4.2K

52/12 × weekly

Bond (4 weeks)

$3.9K

Required upfront

Unit rent:$694/wk+1.6% p.a.

This suburb$966/wk

Melbourne median$1222/wk

-21% below city average($256/wk)

Well below median

House

Unit

Hover to inspect monthly values

— Houses 3+ bed

Weekly

$966

Monthly

$4.2K

Annual

$50.2K

% of avg VIC weekly earnings53% — Rental stress

0%20%30%40%50%

Need ~$13,953/month income to keep rent under 30% of earnings · VIC avg: $1,837/wk (ABS 6302.0)