Average rent in Melbourne CBD - North, VIC — 2026

Melbourne CBD - North runs close to the Victoria median rent of $363/week, with renters paying around $361/week (ABS Census 2021). What separates Melbourne CBD - North from the state norm is its renter density — 77% of households are renters, well above the typical owner-occupier mix. The suburb's dwelling stock is mixed: 0% separate houses and 99% flats or apartments, suggesting a transitional profile where higher-density development has filled in around an established residential base. Population is around 16,870, the median age is 26, and the most common occupation is Professionals. 75% of residents were born overseas. At 1km from Melbourne, Melbourne CBD - North typically sees more rental turnover than owner-heavy suburbs at the same price point — useful context if you're comparing applications across nearby areas.