# Housing & Dwellings — North Melbourne

Where and how people live — the homes, how they are held, and what they cost.

Area: North Melbourne (Statistical Area 2 (SA2))

Nearly 70% of homes in North Melbourne are flats or apartments, making it an area dominated by high-density living. This creates a rental-heavy market where the typical resident pays a weekly rent of $381, which is about the same as the national figure.

The typical monthly home loan payment here is $2,035, which is higher than most areas and a little above the Victorian average. Weekly rents are around the middle for similar areas, sitting just above the national figure.

Small homes are the norm, as separate houses make up only 3.9% of the total, far below the Victorian average. Because three-bedroom homes are so rare, this area has a much higher number of people per bedroom than most of Australia.

Renting is very common here, with 64% of households renting—a figure far above both the state and national averages. Conversely, only 13% of homes are owned outright, which is among the lowest at this level.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Median rent (weekly) | $381 | — |
| Median mortgage repayment (monthly) | $2,035 | — |
| Average people per bedroom | 1.00 | — |
| Households renting | 64.0% | — |
| Homes owned outright | 13.0% | — |
| Separate (detached) houses | 3.9% | — |
| Homes with three or more bedrooms | 23.9% | — |

**How homes are owned or rented** — Rented 64.0%, Owned with a mortgage 19.9%, Owned outright 13.0%, Other tenure 1.9%, Not stated 1.2%

**Types of homes** — Flat or apartment 69.9%, Townhouse / semi-detached 25.5%, Separate house 3.9%, Other dwelling 0.6%

**Bedrooms per home** — 2 bedrooms 48.5%, 1 bedroom 24.8%, 3 bedrooms 18.3%, 4 bedrooms 4.5%, Studio / none 1.4%, 5 or more 1.1%

**Weekly rent distribution** — $350–$549 42.9%, $200–$349 23.5%, Under $200 13.7%, $550–$749 11.7%, $750 or more 5.5%

**Monthly mortgage distribution** — $1,800–$2,999 32.6%, $1,000–$1,799 27.2%, $3,000 or more 25.8%, Under $1,000 9.9%

Interactive: https://censusatlas.au/region/sa2/206041506/north-melbourne/topic/housing-dwellings