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Rent in Northcote, VIC 3070

Median weekly rent on new leases lodged with the state bond authority, 12 months to September 2025. These are rents tenants signed up to pay, not advertised asking rents.

Median weekly rent

$640/wk

all new leases

New leases

940

12 months to September 2025

12-month change

+4.1%

vs previous 12 months

5-year change

+28.0%

median new-lease rent

Northcote rent summary

In the 12 months to September 2025, 940 new leases were lodged with the state bond authority in Northcote, at a median of $640 a week. The most common new lease was for 2-bedroom units (266 leases, median $600 a week). Houses leased for a median of $855 a week against $540 for units. Across all dwellings that is up 4.1% on the previous 12 months. Over five years the median new-lease rent has risen 28.0%.

Median weekly rent on new leases in Northcote

12 months to September 2025. Median, then the range the middle half of leases fell in where published, then n = number of leases.

DwellingAll bedrooms1 bed2 bed3 bed4 bed
Houses
$855/wk
n = 322
-
$700/wk
n = 128
$850/wk
n = 143
$1,250/wk
n = 51
Units
$540/wk
n = 565
$420/wk
n = 253
$600/wk
n = 266
$850/wk
n = 46
-
All dwellings
$640/wk
n = 940

How rents on new leases have changed

Median for the 12 months to September 2025 against the same 12 months earlier.

SegmentMedian now1 year3 years5 years
All dwellings$640/wk+4.1%+33.3%+28.0%
Houses$855/wk+2.3%+19.9%+25.0%
Units$540/wk+5.1%+31.6%+26.1%
2-bedroom units$600/wk+3.4%+33.3%+26.3%
1-bedroom units$420/wk+5.0%+31.3%+20.0%
3-bedroom houses$850/wk0.0%+18.1%+21.4%

Median rent on new leases over time in Northcote

2015 to 2025, weekly rent. Periods with fewer than 10 leases are left out.

2-bedroom units 1-bedroom units 3-bedroom houses
$894$681$469$25620162018202020222024
2-bedroom units: $440/wk (2015) to $600/wk (2025)1-bedroom units: $300/wk (2015) to $420/wk (2025)3-bedroom houses: $615/wk (2015) to $850/wk (2025)

Suburb profile

Northcote suburb data

Median prices, rental yield, vacancy and growth for Northcote.

Sold prices

Recently sold in Northcote

Actual sale prices and days on market in Northcote.

Rent changes

Rent rises and cuts

Weekly rent increases and decreases on live rental listings across Australia.

Frequently asked questions about rent in Northcote

What is the median rent in Northcote?

In the 12 months to September 2025, the median weekly rent on 940 new leases in Northcote was $640 a week.

How much is rent for a 2 bedroom unit in Northcote?

In the 12 months to September 2025, 266 new leases for 2-bedroom units were lodged in Northcote, with a median rent of $600 a week.

How much is rent for a 1 bedroom unit in Northcote?

In the 12 months to September 2025, 253 new leases for 1-bedroom units were lodged in Northcote, with a median rent of $420 a week.

How much is rent for a 3 bedroom house in Northcote?

In the 12 months to September 2025, 143 new leases for 3-bedroom houses were lodged in Northcote, with a median rent of $850 a week.

Is rent going up in Northcote?

The median rent on new leases in Northcote was up 4.1% in the 12 months to September 2025, compared with the 12 months before.

Where do these Northcote rent figures come from?

They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.

How these figures are calculated

Rents are from new residential leases lodged with the state bond authority, which publishes them by area as rolling 12-month figures each quarter. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.