Median price
$599k
Apartments · Annual · VGV 2025
Sales (2025)
389
Active market
Price range
$599k–$599k
10th–90th pct
What different budgets can access
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $400,000 | ~16% | D — Very limited | ~62 of 389 |
| $500,000 | ~33% | C — Limited | ~128 of 389 |
| $600,000 | ~50% | B — Competitive | ~194 of 389 |
| $800,000 | ~77% | A — Strong access | ~300 of 389 |
Price distribution
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $300k
~4%
$300k–$500k
~28%
$500k–$700k
~33%
$700k–$1.1M
~28%
Over $1.1M
~6%
Median price
$1.36M
Houses · Annual · VGV 2025
Sales (2025)
84
Active market
Price range
$1.36M–$1.36M
10th–90th pct
What different budgets can access
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $875,000 | ~13% | D — Very limited | ~11 of 84 |
| $1,125,000 | ~32% | C — Limited | ~27 of 84 |
| $1,350,000 | ~49% | B — Competitive | ~41 of 84 |
| $1,825,000 | ~77% | A — Strong access | ~65 of 84 |
Price distribution
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $700k
~5%
$700k–$1.1M
~25%
$1.1M–$1.6M
~36%
$1.6M–$2.4M
~26%
Over $2.4M
~8%
Median price
$1.12M
Townhouses · Annual · VGV 2025
Sales (2025)
37
Active market
Price range
$1.12M–$1.12M
10th–90th pct
What different budgets can access
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $725,000 | ~14% | D — Very limited | ~5 of 37 |
| $925,000 | ~32% | C — Limited | ~12 of 37 |
| $1,125,000 | ~51% | B — Competitive | ~19 of 37 |
| $1,500,000 | ~77% | A — Strong access | ~28 of 37 |
Price distribution
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $550k
~4%
$550k–$900k
~26%
$900k–$1.3M
~35%
$1.3M–$2M
~28%
Over $2M
~7%
See if your budget is realistic for North Melbourne
Check my search →Frequently asked questions
What is the median apartment price in North Melbourne?
The median apartment price in North Melbourne was $599,000 in 2025, based on 389 recorded sales from the Victorian Valuer General.
Is North Melbourne affordable on a $500,000 budget?
A $500,000 budget gives access to an estimated 33% of the North Melbourne apartment market (estimated from market distribution curves).
How many apartments sold in North Melbourne in 2025?
389 apartments were recorded in North Melbourne in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).
What is the price range for apartments in North Melbourne?
Sale prices in North Melbourne ranged from $599,000 (10th percentile) to $599,000 (90th percentile) in 2025.