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North Melbourne, Australia
Full City Profile
2.7
/5.0
C+
Fair
15,395
Population
3/sq mi density
59 ft
Elevation
18 meters
59°F
Avg Temperature
15°C
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$31,873 median income, 7.0% unemployment
C+
Affordability
2.9 / 5.0
$214,600 home value, $1,073/mo rent
Housing Overview
Median Home Value
$214,600
24% below
US avg: $281,900
Median Rent
$1,073/mo
8% below
US avg: $1,163/mo
Homeownership Rate
34.2%
48% below US avg (65.4%)
Total Housing Units
6,158
Ownership vs. Renting
34.2%
Owner-Occupied
65.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $214,600 |
Rent
| Census Median Rent | $1,073 |
Market
Ownership & Stock
| Owner-Occupied | 34.2% |
| Renter-Occupied | 65.8% |
| Homeownership Rate | 34.2% |
| Total Housing Units | 6,158 |