Is North Melbourne a Good Place to Live?

Walking distance to the CBD, North Melbourne is one of Melbourne’s most distinctive suburbs. It is rich in history, thriving in culture, and evolving yearly. North Melbourne offers an attractive mix of lifestyle, convenience, and long-term value for homebuyers, families, and investors.

Getting Around North Melbourne.

Whether commuting for work or exploring Melbourne’s best, North Melbourne has many public transport options.

Arden Train Station is a major interchange for multiple train lines connecting the city and western suburbs. The Victorian government has invested in the area as part of the Metro Tunnel, as you can read on the Big Build website.

Tram routes 57 and 59 provide convenient links to the CBD, Queen Victoria Market, and Moonee Ponds.

Bus Route 401 offers express services to the University of Melbourne and Royal Melbourne Hospital, ideal for professionals and students.

Connectivity will only improve with the upcoming Metro Tunnel and Arden Station nearby.

A Stroll Through Time: North Melbourne’s Rich History

Originally known as Hotham, the suburb’s roots stretch back to the gold rush era of the 1850s. It was once a working-class hub filled with Victorian-era terrace homes, many of which still grace the tree-lined streets today. Renamed North Melbourne in 1877, the suburb officially rejoined the City of Melbourne in 1905. Today, its heritage-listed buildings sit alongside sleek new developments, telling a story of transformation and timeless appeal.

Top-Notch Education: Schools That Shape Futures

North Melbourne is home to a substantial selection of schools that appeal to families prioritising quality education:

Haileybury Private School
North Melbourne Primary School
St Michael’s Primary School
St Aloysius College
Saints College

A Market on the Move: Real Estate Insights

The real estate market in North Melbourne reflects its desirability and proximity to the city:​

  • The suburb has seen increased interest from homebuyers and investors, buoyed by expectations of lower interest rates and a recovering market.
  • Diverse housing stock includes everything from period terraces and converted warehouses to boutique apartments and modern townhomes.
  • Median house prices reflect solid capital growth potential, bolstered by infrastructure upgrades and local amenity improvements.

We recently bought 33 Little Baillie Street, North Melbourne, for our clients. They wanted a lock-and-leave home with a warehouse feel.

If you’re looking for a home like the ones featured above, please get in touch with our team. We have access to pre- and off-market properties and can add immense value to your home-buying journey.

For more up-to-date information, you can read here – CoreLogic 

Explore our latest video to gain insights and valuable tips for buying a property, whether you’re currently searching or planning to buy in the future.

Café Culture & Global Flavours: Where to Eat & Drink

North Melbourne’s culinary scene is buzzing, with something for every palate:

  • Auction Rooms – A local institution for expertly brewed coffee and innovative brunch fare.
  • Maria’s Trattoria – Old-school Italian hospitality with hearty homemade dishes.
  • Manzé – A Mauritian-inspired gem known for fresh flavours and local produce.
  • EziStreat – A vibrant food hall, bar and beer garden celebrating multicultural street food in a relaxed, dog-friendly setting.

With more venues opening regularly, the suburb continues to build its foodie credentials.

Parks, Playgrounds & Open Spaces

Despite its urban edge, North Melbourne offers ample green space and recreational options:

  • Royal Park – One of Melbourne’s largest parks, featuring walking trails, sporting facilities, and the Melbourne Zoo.
  • Flagstaff Gardens – An excellent spot for a walk, picnic or reading session on the CBD edge.
  • Errol Street Reserve – A charming green escape steps from cafes and boutique shops.
  • North Melbourne Recreation Reserve – The home of the North Melbourne Football Club
  • Clayton Reserve – An off-leash dog park loved by locals.

These open spaces create a highly liveable suburb ideal for young families, professionals, and anyone looking to live close to the CBD.

Looking for a way to unwind in Melbourne? Here’s our blog listing some top after-work walks in the city!

Whether buying your forever home or making a strategic investment, North Melbourne offers all the ingredients for long-term growth and enjoyment.

Industry Insider Property is independent and committed to helping buyers and sellers achieve their desired outcomes. Our experienced buyer agents and advisors will guide, execute, and deliver the best possible results to our clients. That’s why we have over 295+ 5-star Reviews on Google!

Our team will help you save time and share over 40 years of industry knowledge and expertise to ensure you make a wise, well-informed decision. 

Contact us at +613 8374 7652 or email us at admin@industryinsider.com.au to discover how we can assist you in your real estate journey.

 

Industry Insider Property
Level 3, 489 Toorak Road, Toorak 3142
+613 8374 7652
+613 402 346 810
industryinsider.com.au

Contact Us

    RESERVATION SUPPORT

    +8374 7652