Melbourne CBD - North

VIC

Melbourne CBD - North is a growing region in VIC with 24,296 residents.

SA2 code: 206041504
State: VIC

Population

24,296

Estimated 2025

5-Year Growth

+26.8%

3yr: +29.4% · 10yr: +88.4%

5-year growth

Median Rent

$361/wk

Census 2021

Median Income

$1,089/wk

Household, Census 2021

Population over time — Melbourne CBD - North (SA2)

Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.

Growth at a Glance

3yr: +29.4%5yr: +26.8%10yr: +88.4%Total: +1366.3%

Population grew from 1,657 to 24,296 over 24 years, averaging 11.8% per year.

Demand & supply signals

Derived signals haven't been computed for this region yet.

Roadmap signals

Two more derived metrics are defined in the platform and waiting on upstream-data orchestration. Each will populate here once its source series is wired through.

Affordability trend

Coming soon

RPPI year-on-year divided by WPI year-on-year. Above 1.0 means home prices are outpacing wages; below 1.0 means wages are catching up.

Awaiting: ABS RPPI (6432.0) + WPI (6345.0) GCCSA-grain orchestration.

Rent–price momentum spread

Coming soon

CPI rents year-on-year minus RPPI year-on-year. Positive means rents are gaining on prices; negative means prices are running ahead of rents.

Awaiting: ABS CPI rents component + RPPI orchestration.

Profile

Census snapshot

ABS · 2021

Housing

Public housing 0.1%

Almost entirely apartments (100%), rental-heavy (77.4% renting), built for families (57% are 2 bed).

Dwelling mix

Apartments 100.0%

8,705 apartments

Tenure

Renting 77.4%

Owned 10.0%Mortgage 9.0%Renting 77.4%Other / NS 3.6%

Number of bedrooms

1 bed

2,931 (35.4%)

2 bed

4,736 (57.2%)

3 bed

590 (7.1%)

4 bed

25 (0.3%)

5 bed

0 (0.0%)

6+ bed